Economy - Page 2


Mario Draghi and ECB to the Rescue, Again, Maybe

Monday may be getting a bit of fresh air from the discussions by the European Central Bank (ECB) at the European Parliament plenary debate, which was over the ECB Annual ...
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construction crane

New Construction Spending Ticks Higher in December

The U.S. Census Bureau reported Monday morning that construction spending in December increased by 0.1% to an estimated seasonally adjusted annual rate of $1.117 trillion from the downwardly revised estimate ...
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Cash register

Personal Income Rising, Spending Flat

The Bureau of Economic Analysis (BEA) has released its reading on personal income and outlays (spending) for the month of December. Some of the data may have been seen in ...
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Flint’s Troubled Demographics By The Numbers

Flint's water pollution problems have put the city at the center of the nation's attention. The primary cause corroding pipes and water with high lead content. The source--the Flint River. ...
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Cash register

January Consumer Sentiment Dragged Down by Market Volatility and Wage Expectations

It turns out the rosy consumer sentiment reading from earlier in January was a tad less rosy than the flash report indicated. The Index of Consumer Sentiment from the University ...
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coffee shop

Employment Cost Index Rises, With Some Caveats

Is the Federal Reserve finally getting to see more of the wage pressure it has hoped for? Maybe they don't want serious wage pressures, but the Fed has to hope ...
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small business owner

Business Credit Ticks Higher in January

Some economists and investors believe that credit is what fuels the economy. So, what does it tell you when the National Association of Credit Management (NACM) reports that its Credit ...
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GDP Falls Short of Estimates as Savings, Exports, Business Spending Act as Drags

Friday's big report was the Bureau of Economic Analysis (BEA) release of gross domestic product (GDP) for the fourth quarter of 2015. This was the first look at GDP and ...
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Fitch Highlights More Risks to Emerging Markets and High-Yield Credit

Fitch Ratings has released its latest global credit outlook. The good news is that overall credit ratings outlooks are said to be improving in most sectors in developed market regions. ...
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Storage tanks

Kansas City Fed Manufacturing Index Now Down 11 Straight Months

The Federal Reserve Bank of Kansas City is not one of the more widely followed regional Fed branches. That being said, it does offer a view of the agricultural and ...
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jobless claims

Jobless Claims Sees a Break in Prior Gains

It was just on Wednesday, right after the dovish statement from the Federal Open Market Committee (FOMC) on interest rates ahead, that the economic watchers and investors (and job seekers) ...
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gear set

Very Weak Durable Goods Could Cloud GDP Hopes

Those hoping that fourth-quarter gross domestic product (GDP) is going to look good on Friday are going to have to factor in what a dovish Federal Open Market Committee (FOMC) ...
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a lot of money

Harvard Endowment Tops $36 Billion

Harvard's endowment rose slightly to $36.5 billion in the fiscal year that ended last June. Its figure improved 1.6%. Yale's endowment rose 7% but trailed Harvard's by a mile, with ...
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Two Dollars

With Dovish FOMC, Bond Yields Fall

What are investors supposed to make of the January FOMC meeting? The verdict was that the 10-0 unanimous vote by Janet Yellen and her Fed presidents was dovish, with the ...
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U.S. Federal Reserve

FOMC Stays Dovish

Janet Yellen and The Federal Reserve's Federal Open Market Committee have done just what the markets formal expected - nothing! The Fed Funds rate was left flat at a target ...
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