Economy - Page 2

Smokestacks

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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shopping

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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robots

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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worker using torch cutter to cut through metal

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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factory

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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Stock Split Image

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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Mansion

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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Old-fashioned Main Street

Small Business Optimism Dips in September

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for September fell 0.8 points from 96.1 in August to 95.3. The October reading ...
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Africa

Ebola Could Ruin National Governments — WHO

I have never seen a health event threaten the very survival of societies and governments in already very poor countries. I have never seen an infectious disease contribute so ...
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global economy

Why the Market Could Sell Off Another 10%

From a year-to-date peak of 2,011 on September 18, the S&P 500 has given up 4% in 15 trading sessions. At that rate the index could drop another 10% before ...
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Finland

Finland Loses AAA Rating: How Much Did Nokia Contribute?

The nation of Finland just found out that negative gross domestic product (GDP) comes with consequences. Standard & Poor's has lowered its economic assessments of Finland, noting that subdued external ...
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Is Mario Draghi Out Of Bullets?

The European Central Bank recently left interest rates unchanged at its most recent rate policy communication. This was on the heels of the prior cut in rates where Europe is ...
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