Economy
Economy Articles
The Institute for Supply Management (ISM) said Monday that its report on business in the manufacturing sector showed much weaker growth than expected, though it managed to expand for the eighth...
Published:
California has come back from the Great Recession, buoyed by the rise of new technology companies and a modest recovery of its agricultural industry. Now a drought could set back much of the recovery...
Published:
Source: ThinkstockIt’s been a slow recovery, but according to a recent report, U.S. economic growth is expected to pick up in the coming years. The nation’s economy grew by 1.9% in 2013. This...
Published:
Source: ThinkstockThe seasonally adjusted unemployment rate in the 17-nation eurozone was 12.0% in December, according to Eurostat, the statistical office of the European Union. The rate has been...
Published:
Source: ThinkstockThe most conservative Americans live in the Plains States and the South, which probably comes as no surprise. And the liberals tend to live in the Northeast and on the West Coast,...
Published:
Source: ThinkstockThe Commerce Department’s report on gross domestic product (GDP) has been released for the fourth quarter of 2013. The headline shows growth of 3.2%, which met the Dow Jones...
Published:
Source: ThinkstockAmong the cities that people are moving to in extraordinary numbers are ones that had terribly high unemployment during the recession. Perhaps the economies in these cities have...
Published:
Chinese manufacturing is in retreat for the first time in six months, according to HSBC. The purchasing managers' index, which tracks manufacturing activity in workshops and factories, fell from a...
Published:
Source: courtesy of the Federal ReserveThe January 29 FOMC meeting was the last meeting to be under Fed Chairman Ben Bernanke. Janet Yellen will be the new Federal Reserve Chairman going forward. The...
Published:
America's colleges and universities have the equivalent of the richest 10%, just as the population does. At the top of that elite group are Harvard, Yale, Princeton, MIT and others.
Published:
Source: ThinkstockThe unemployment rate in the United States was 6.7% in December. In North Dakota, it was 2.6%. The low number is a testament to what having a very low population, and a jobs market...
Published:
Source: ThinkstockThe Conference Board has released its Consumer Confidence Index for January. The good news for the economy is that it is far better than the horrific durable goods report from the...
Published:
Source: ThinkstockTuesday’s top economic report was the durable goods report for December, and unfortunately it is a very ugly number. The headline durable goods report from the Commerce Department...
Published:
A worker at a Los Angeles McDonald's outlet will attend President Obama's State of the Union Tuesday evening as the guest of California Representative Linda Sanchez. The White House has indicated...
Published:
Source: thinkstockPoliticians Marco Rubio and Paul Ryan recently introduced a plan to fight poverty by transferring more responsibility to the states. While the federal government offers various...
Published: