Economy - Page 2

Massacre Occurred as Las Vegas Was Still Emerging From Economic Downturn

Las Vegas, on Sunday the scene of one of the worst mass shootings in U.S. history, is one of the last metropolitan areas in the country to fully recover from ...
Read Full Story »

New Construction Spending Up Solidly in August

The U.S. Census Bureau reported Monday morning that construction spending in August rose by 0.5% to an estimated seasonally adjusted annual rate of about $1.2183 trillion, above the upwardly revised ...
Read Full Story »

ISM and Markit Both Indicate Strong US Manufacturing for September

Two reports are signaling that the U.S. manufacturing economy looked stronger in September. It is important to keep in mind that September was the month that much of Texas was ...
Read Full Story »

Tourism Stakes for Las Vegas Are High Following Massacre

Though authorities are not calling the horrific massacre in Las Vegas a terrorist attack, the atrocity might have a negative impact on a city built on gambling and entertainment. At ...
Read Full Story »

China PMI Surges in Hopeful Sign for World Economy

The National Bureau of Statistics of China released its manufacturing Purchasing Managers Index (PMI) for September. The number was a very healthy 52.4. Any number above 50 signals expansion. Since ...
Read Full Story »

Data Show Number of New Businesses Rising in Many OECD Countries

There’s good news for entrepreneurs in the developed and developing world. New data show that the number of businesses being created is rising in most of the 14-member countries of ...
Read Full Story »

Global High Net Worth Individuals Are on the Way to $100 Trillion in Assets

The rich may get richer, but these days it seems that every group of people is doing better since the recession. 24/7 Wall St. has tracked several reports on growth, ...
Read Full Story »

Fed Study Says Wealth Rose for All Ethnic Groups After Recession, but Inequality Persists

Wealth increased for families in all race and ethnicity groups between 2013 and 2016, according to newly released data from the Federal Reserve. However, wealth disparities between families of different ...
Read Full Story »

Americans Say DC, Not North Korea, Biggest Threat to Economy

More Americans believe the political environment in Washington is a greater threat to the U.S. economy over the next six months than the saber-rattling involving North Korea, based on a ...
Read Full Story »

Durable Goods Orders Perking Up

If there was a contest to find the one major government economic report that is the most volatile and unpredictable through good times and bad times alike, the durable goods report ...
Read Full Story »

Bangkok Most Visited Destination for Travelers, According to Mastercard List

Bangkok was the most visited destination for travelers in 2016, according to Mastercard’s annual Mastercard Destination Cities Index list. Thailand’s capital attracted 19.41 million visitors, followed by London (19.06 million), ...
Read Full Story »

Long Road Back for Beleaguered Puerto Rico

The road back for Puerto Rico is going to be difficult in the aftermath of hurricanes Irma and Maria. Some estimates are putting the cost of the damage above the ...
Read Full Story »

Research on Marriage by Class Shows Fragility of American Family

College-educated and more affluent Americans have relatively strong and stable marriages, in contrast with their poorer and working-class peers who face rising rates of family instability, single parenthood and lifelong ...
Read Full Story »

Murders Rose to Over 17,000 in US Last Year

Violent crime rose in 2016, as did the number of murders in the United States. The data show that violent crime is back on the rise after falling several years. ...
Read Full Story »

National Economic Growth Slowed in August

The regional branches of the Federal Reserve release regional economic data, but some of the regional banks issue national economic reports. It is those national economic reports that usually stand ...
Read Full Story »