Economy

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Federal Reserve Showing Better Economic Picture at National Level

The Chicago Federal Reserve's National Activity Index (CFNAI) rose to +0.47 in September from –0.25 in August. Three of the four economic categories made positive contributions to the index in ...
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Weekly Jobless Claims Post Larger-Than-Expected Rise

The U.S. Department of Labor has released its latest installment of weekly jobless claims. The report came in at 283,000. Bloomberg was calling for 285,000. The prior week's reading was ...
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Very Differing Views on 2014 Holiday Retail Sales Growth Expectations

We have seen swings in consumer sentiment and we have seen swings in economic reports while the rest of the world has been seeing a slowdown. Now the big question ...
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September CPI Avoids Deflation Fears

The U.S. Bureau of Labor Statistics released the Consumer Price Index (CPI) Wednesday morning before the market opened. The CPI increased 0.1% in September, above the 0.0% expected by Bloomberg. ...
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31% of Americans Believe It’s a Good Time to Find Job

Gallup reports that optimism about finding a job has jumped to a level rarely seen since the Great Recession. Improvement in gross domestic product, consumer sentiment and a drop in ...
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Another Sign Companies Expect Economic Slowdown

A carefully followed report from the National Association for Business Economics (NABE) was released for the current period, and the results were not good. The October 2014 NABE Business Conditions ...
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Consumer Sentiment Soars to 7-Year High

The preliminary October reading on the Thomson Reuters/University of Michigan Consumer Sentiment Index rose to 86.4, a level not seen since July of 2007. A survey of economists by Bloomberg ...
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Philly Fed Positive on Manufacturing

The Federal Reserve Bank of Philadelphia has released its Business Outlook Survey for the month of October. The report suggested continued expansion of the region’s manufacturing sector. Firms reported continued ...
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U.S. Industrial Production Bounces Higher

The Federal Reserve reported Wednesday morning that U.S. industrial production rose 1% month-over-month in September following a drop of 0.2% in August. The total index rose to 105.1, up from ...
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Weekly Jobless Claims Buck Weak Economic Trends

The U.S. Labor Department has reported its weekly jobless claims for the last week, and it was a surprisingly good economic report. Despite weaker data elsewhere in rival economic reports, ...
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Will Weekly Jobless Claims Disappoint or Please the Market?

The U.S. Labor Department is set to report weekly jobless claims on Thursday morning. What is interesting about the trends of late is that weaker economic readings are prevailing, but ...
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Business Inventories Rise Slows

The U.S. Department of Commerce released business inventories data for the month of August on Wednesday morning. A growth in inventories can be positive for GDP calculations, but too much ...
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Empire State Manufacturing Survey Hits the Skids

The Federal Reserve Bank of New York released the Empire State Manufacturing Survey for the month of October on Wednesday morning. Overall the reading for the survey signals that business ...
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September PPI — From Inflation to Deflation

The U.S. Department of Labor has release the wholesale inflation reading via the Producer Price Index (PPI) for the month of September. The headline reading was -0.1%, versus a Bloomberg ...
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US Leads World in Ultra Rich People

Ultra high net worth individuals, or UNHW as new research from Credit Suisse calls them, are concentrated in the United States. Also, the growth of the number of these people ...
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