Economy - Page 2


What to Expect From Q1 2016 GDP

Thursday will mark a crucial day for just how much, or how little, the U.S. economy is growing. The initial first-quarter gross domestic product (GDP) estimate from the U.S. Department ...
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Shipping containers

Narrower Trade Deficit for Goods

The international trade deficit did not come in anywhere as high as expected in March, implying that perhaps that pesky dollar strength's trend abatement might be in the works is ...
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Wallet full of money

Economic Confidence Level at 2016 Low: Gallup

Gallup's U.S. Economic Confidence Index averaged −16 for the week ending April 24, down four points from the prior week and the lowest average in the year to date. The index ...
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percentage button

Little Chance (or None) Seen for Fed Rate Hike

This week's Federal Open Market Committee (FOMC) meeting is likely to produce no hike for the federal funds rate. Some economists feel that the rate hike risks have all but ...
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JCP appliances

Durable Goods Look Unenthusiastic for March

Many of the economic reports are turning out to be disappointing or just unenthusiastic in April and in catch-up reports for March. You can add the report measuring durable goods for the ...
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Optimists and Pessimists

Consumer Confidence Chasing Consumer Sentiment Lower

If one component drives gross domestic product in the United States these days, consumer spending takes the cake. That is why the monthly measurements for consumer sentiment from the University ...
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small business owner

Philadelphia Fed Shows Nonmanufacturing Stays Stronger Than Manufacturing

The Federal Reserve Bank of Philadelphia showed last week in its Business Outlook Survey a drop in the April general business conditions for manufacturing. It was expected that the gains seen ...
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Saudi Arabian flag

Saudi Vision 2030, or Saudi Folly?

Saudi Arabia has just released a 12,000-word, 15-year plan for supposedly revamping its economy called “Saudi Vision 2030.” It seems the oil crunch has motivated the kingdom to at least ...
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Federal Reserve

FOMC Meeting Unlikely to Deliver Interest Rate Hike

The Federal Open Market Committee (FOMC) opens its April meeting on Tuesday and on Wednesday will announce its decision on the policy interest rate. The FOMC last raised the rate ...
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Dallas skyline

Dallas Fed Shows Mixed to Positive Manufacturing Trends

The Federal Reserve Bank of Dallas is showing some continued strain in the region's manufacturing sector. While the regional report said that Texas manufacturing activity expanded again in April, it ...
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Global Temperature Hits 11th Straight Month of Record Highs

Global warming is at extremely high levels, compared to temperatures from the past. This is, supposedly, a sign that the planet's atmosphere gets hotter by the year, based on human ...
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Leading Indicators Ticked Higher in March

The index reading of each month's leading indicators is often a bit misleading by name. It has a one-month look back, so this report covered the month of March — ...
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Business People

Philadelphia Fed Outlook Unexpectedly Heads Back Into the Red

The Federal Reserve Bank of Philadelphia has released its Philadelphia Fed Business Outlook Survey, a live reading for the month of April. It was expected to remain positive after a ...
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Weekly Jobless Claims Hit Lowest Level Back to 1973

The U.S. Department of Labor has delivered another round of weekly jobless claims, and the numbers were much better than expected. Claims in the week ending April 16 were only ...
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Chicago skyline

Chicago Fed National Activity Index Ticks Lower in March

The Chicago Fed National Activity Index (CFNAI) ticked down to a reading of –0.44 in March from a –0.38 reading in February. While this is a regional Fed report, it is a ...
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