GDP

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What the Preliminary GDP Reading Means for the Holidays

The Bureau of Economic Analysis released the preliminary reading for real GDP growth at a seasonally adjusted annual rate of 3.9%. This came in above both Dow Jones and Bloomberg ...
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Despite Lower Oil Prices, Texas Manufacturing Remains Relatively Strong

If there is one state that comes to mind that may be worrying about lower oil prices, Texas has to be at or at least close to the top of ...
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Is Japan’s Recession Good for America?

Japan has slumped back into recession, a trend that has repeated itself off and on for years. Its gross domestic product (GDP) fell 1.6% on an annualized basis in the ...
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Eurozone GDP and Inflation Show Why Quantitative Easing Is Becoming More Certain

Eurostat has released the flash estimate for third-quarter gross domestic product (GDP) for the eurozone. The report has a mixed bias to it. The good news is that it was ...
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Cows

Third-Quarter GDP Growth Decelerating

The U.S. Commerce Department has released its first read on real gross domestic product (GDP) for the third quarter of 2014, showing that GDP rose at an annual rate of ...
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UPS Expects Record Holiday Shipments

It is not particularly surprising that a major shipping company would disclose that the holiday season will be its busiest. FedEx already has. On the other hand, the fact that ...
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The Best (and Worst) Countries to Grow Old In

The global population is aging rapidly. Today, there are roughly 868 million people who are at least 60 years old globally, or about 12% of the world’s population. By 2050, ...
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ISM Shows Tick-Down in Non-Manufacturing Growth

The Institute for Supply Management (ISM) has released its Non-Manufacturing Index for September with a reading of 58.6%. The Bloomberg consensus was close enough at 58.8%, but note that this ...
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global economy

IMF Talks Down Global GDP Growth Expectations

It was just earlier this week that Fitch warned of risks to the global GDP growth story for 2014 and 2015 being to the downside. Now we are getting more ...
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ISM Shows Slower Growth in Manufacturing in September

With Friday's key unemployment and payrolls report coming up, investors are looking for any glimmer of what to expect in directional movement. Wednesday already brought the ADP payrolls surprise higher ...
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global economy

Downside Risks to Global GDP Growth

Fitch Ratings' latest Global Economic Outlook forecasts that global growth will pick up in 2015 and 2016. Unfortunately, Fitch sees the risks being weighted to the downside. Growth in emerging ...
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National Association for Business Economics Offers Poor Outlook

The National Association for Business Economics (NABE) offered its September 2014 Outlook Survey report, posting the consensus of macroeconomic forecasts from a panel of 46 professional forecasters. The survey was ...
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Why Durable Goods Reporting Should Begin to Normalize (Soon)

Investors have been taught over and over that the U.S. Commerce Department's reading on durable goods each month is perhaps the most volatile of all major economic readings. The reason ...
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Smokestacks

GDP Bounce Keeps Climbing

The Bureau of Economic Analysis reported its readings on gross domestic product (GDP) Friday morning. In recent history for this quarter, the initial estimate that came out in July at ...
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Will GDP Revision Create Another Sell-Off?

The U.S. Department of Commerce is set to come out with the gross domestic product (GDP) reading Friday morning before the market opens. This will be the final revision for ...
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