Economy

Map of United States

Unemployment Drops Below 4% in 8 States

The headline from the Bureau of Labor Statistics (BLS) report on state unemployment for February is that Nebraska became the state with the lowest unemployment (2.7%), passing perennial leader North ...
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Durable Goods So Bad That They Are Good for the Markets

The U.S. Commerce Department has released its reading for durable goods in the month of February. Before getting into the nitty-gritty, and before showing how negative this number is, investors ...
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consumer electronics

CPI Manages to Escape Deflation

Investors and economists have worried that we are entering a deflationary cycle. A strong dollar, weak commodities and weak overseas economies are all to blame. The U.S. Labor Department has ...
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flag of China

China Manufacturing Collapses

In the "go fast, go slow" Chinese economy, data show that the recent "go slow" period will extend itself. The HSBC/Markit PMI flash for China was 49.2, against a figure ...
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World Water Shortage Is the Worst in 15 Years

Global demand for fresh water will outpace supply by 40% in 2030 as the world’s population increases and consumption patterns change. Increasing urbanization, the demand for more food (and water ...
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16 American Cities With Double-Digit Unemployment

The recession has passed for most of America as unemployment has dropped to a traditional recovery level of 5.5%. Most months, the economy adds 200,000 jobs or more. The residents ...
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China Growth to Drop Below 7% as Economic Risks of Pollution Grow

New comments from the Organisation for Economic Co-operation and Development (OECD) say that the agency believes China's gross domestic product (GDP) will grow 7.0% this year and 6.9% in 2016. What ...
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California Is Running Out of Water

The U.S. Drought Monitor analysis and maps provided by the NOAA and University of Nebraska have shown that most of California has suffered from "exceptional drought" for months or longer. ...
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factory

PPI Shows Big Deflationary Pressure

The U.S. Labor Department has released its Producer Price Index (PPI) for the month of February. In short, deflation is here, at least at the producer and wholesale level. Producer ...
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home prices

US Household Net Worth Rose 4.3% in 2014

In the fourth quarter of 2014, the net worth of U.S. households and nonprofit organizations rose to $82.9 trillion, up 4.3% from $78.84 trillion at the end of 2013. The ...
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West side view of the United States Capitol building.

The Government Is America’s Most Important Problem

According to a new survey by Gallup, those polled listed government as the country's most important problem. Gallup researchers reported: Americans continue to name the government (18%) as the most ...
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Ferguson Demographics by the Numbers

Ferguson, Mo., has a population of 21,203, according to the U.S. Census American Fact Finder database. Just over 29% of the residents are white, and nearly 68% are black or ...
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Massive Job Openings to Support Strong Jobs Markets for Months to Come

If you thought last week's February payrolls and unemployment report was too strong, the fresh Job Openings and Labor Turnover Survey for the month of January explains a lot of ...
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Old-fashioned Main Street

February Small Business Optimism Ticks Higher

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for February rose 0.1 point from 97.9 in January to come in at 98.0. ...
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Rate Hike Conundrum: Fed Consumer Inflation Expectations at New Low

If you are worried about a rapid rise in interest rates, and sooner than expected, from the Federal Reserve, there sure appears to be at least some breathing room here. The New ...
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