train yard

Q2 GDP Revised Higher

The broadest measurement of the overall economy is the gross domestic product (GDP). Economists and investors alike have grown to know that some 70% or so of GDP comes from consumer spending trends, ...
Read Full Story »
JCP appliances

Durable Goods Looking Muted

Durable goods are showing not to be all that durable, and this matters as it can add up to a lot of the impact on gross domestic product (GDP). This ...
Read Full Story »
Chicago skyline

Chicago Fed Shows National Activity Is Slowing

The Federal Reserve Bank of Chicago releases its nationally focused Chicago Fed National Activity Index (CFNAI) each month, and the reading for August was negative, after having been positive in July. ...
Read Full Story »
percentage button

Why the Market Is Not Expecting That Elusive Fed Funds Rate Hike in September — Not at All

September's meeting of the Federal Reserve's Federal Open Market Committee (FOMC) is upon us. This is a key meeting because many of the regional Federal Reserve branch presidents and Fed ...
Read Full Story »
Gross domestic product

Fannie Mae Still Sees Accelerated GDP Growth in Second Half of 2016

Fannie Mae has released its Economic & Strategic Research Group's September 2016 Economic and Housing Outlook. For the full year, the group is calling for gross domestic product (GDP) to ...
Read Full Story »

Despite Slight Uptick in 2016 GDP Views, CEOs Worried About Flat Economy

The Business Roundtable CEO Economic Outlook Index is a quarterly composite index of plans of the chief executive officers for the next six months. The results combined expectations of sales, ...
Read Full Story »
Welcome to Texas

Texas Regional Economic Survey Data Remains Soft, With Some Signs Strengthening

For years Texas was one of the stronger driving forces of the U.S. economy. The rise of energy spread a long way, but it turns out the persistent weakness in ...
Read Full Story »
Federal Reserve

Federal Reserve Beige Book in September Dominated by ‘Moderate’ and ‘Modest’

The Federal Reserve has released its Beige Book for September of 2016. With so many economists, investors and market watchers being concerned about an imminent interest rate hike, this Beige ...
Read Full Story »
Canadian Flag

Is Canada at Risk of Entering Recession?

It is always hard to call a recession, particularly in a foreign country. After all, the last recession was traumatic enough that none of us really want to see even ...
Read Full Story »
percentage button

Did Durable Goods Just Set the Stage for a Rate Hike?

The week of August 26 has been full of waiting and waiting for Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyoming. The markets are looking for any sign ...
Read Full Story »
Brazilian flag

What Each Olympic Medal Costs Each Country Versus GDP

The 2016 Olympics in Rio have come to an end. The big haul of gold and total medals was won by the United States, but Great Britain, China, Russia and ...
Read Full Story »
Jon's friends

Should Negative Labor Productivity Become a Political Hot Button?

As 2016 is an election year, the public is being force-fed endless rhetoric and data about what taxes are fair, how hourly wages need to rise, the wealth gap, a lack of ...
Read Full Story »
U Turn

US GDP for 2016 Just Took a Sharp Turn Lower

If you ever wanted to see an economic report that makes you feel like the pundits were all full of delusion and hope rather than full of knowledge, look no further ...
Read Full Story »
jet engine

Fed Has to Deal With Worst Durable Goods Report in Almost 2 Years

The U.S. Department of Commerce has released its reading on durable goods for the month of June. Durable goods matter because they sum up what is happening in the big-ticket ...
Read Full Story »
gear set

First Quarter GDP Revised Higher, But Still Paltry

Did you ever get excited about Gross Domestic Product running just over 1 percent? If your answer is no, even if it is understandable, Tuesday may be an exception. First ...
Read Full Story »