Weekly Jobless Claims Little Changed

The U.S. Department of Labor released the numbers for weekly jobless claims Thursday morning. The figure remains virtually unchanged, totaling 298,000. That was only 1,000 less than the previous reading ...
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Corporate Profits, Exports Boost US GDP

The first revision to real gross domestic product (GDP) for the second quarter was reported Thursday morning. The first estimate reported a sharp increase in real GDP of 4.0%, which ...
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Will the 4% GDP for Q2 Hold Up in Thursday’s Revision?

The first revision to real gross domestic product (GDP) for the second quarter of 2014 will be reported at 8:30 a.m. on Thursday. The first estimate released on real GDP ...
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Durable Goods Gain of 22.6% Only Huge in the Headline

Durable goods orders for July were reported Tuesday morning. Regardless of the headlines, this is one of the most volatile readings from month to month. The July reading for durable goods ...
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Ebola Outbreak and Liberian Economy by the Numbers

Arguably, Liberia has been affected most by the Ebola outbreak, with 576 deaths as of August 20, according to the AP. That figure is expected to rise sharply. Among the world's ...
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Leading Economic Indicators Show Continued Growth

The Conference Board reported that the Leading Economic Index had increased 0.9% in July to 103.3, following an increase of 0.6% increase in June, and following a 0.6% gain in ...
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Israel’s Economy by the Numbers

Israel has an outsized effect on world politics for a nation the gross domestic product (GDP) of which is not among the 40 largest in the world. The International Monetary ...
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German GDP Falls .2% In Q2–Federal Statistical Office (Destatis)

The German economy contracted .2% in the second quarter of 2014 according to the Federal Statistical Office (Destatis). The largest and most powerful by GDP, German's numbers are considered a critical ...
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Empty Shelves

Business Inventories Buildup Brings Weaker Expectations

The Commerce Department reported on Wednesday that Business Inventories were up by 0.4% for the month of June. The consensus estimate of economists polled by Bloomberg was spot on at ...
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July Retail Sales Get Third Quarter Off to a Bad Start

Retail sales did not have much to show for in the first month of the third quarter. The Commerce Department reported Wednesday that retail sales were flat at 0.0% change ...
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Auto repair

ISM Non-Manufacturing Data Screams Higher

The Institute for Supply Management (ISM) has released its non-manufacturing report for July. The index rose to 58.7%, from 56% in June. This marks the highest reading in years and represents continued ...
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Q2 GDP Blowout — at Least on the Headline Data

It turns out that the first quarter drop of 2.9% in gross domestic product (GDP) was truly a blip, just like economists had been saying all along. What is more ...
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GDP vs. FOMC vs. Unemployment and Payrolls

24/7 Wall St. wanted to make an update for its readers about the dual importance of economic reports. It is unemployment that rules the roost in most months, but this ...
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Federal Reserve

FOMC Preview Ahead of GDP and Unemployment

Tuesday marks the beginning of the July Federal Open Market Committee (FOMC) meeting of the Federal Reserve. This is a two-day meeting and the FOMC meeting announcement is slated for ...
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Active investor

Why GDP Could Trump Unemployment in Importance This Week

In most months, the biggest single economic report is the Employment Situation report issued by the U.S. Department Labor on the first Friday of the month. That may not hold ...
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