Research

Natural Gas Price Steady Following In-Line Storage Withdrawal

The U.S. Energy Information Administration (EIA) reported Wednesday morning that U.S. natural gas stocks decreased by 46 billion cubic feet for the week ending November 17. Analysts were expecting a ...
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Online Sales Hit $1 Billion on Each Day in November, Popular Items Selling Out Fast

So far in November, online sales have totaled at least $1 billion a day on each of the first 21 days of the month. Online sales to date for the ...
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Crude Oil Price Dips Slightly on Lower Inventory, but Higher Exports

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories decreased by 1.9 million barrels last week, maintaining a total ...
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Durable Goods Orders Tumbled in October

The U.S. Department of Commerce reported on Wednesday that October's reading on durable goods contracted by 1.2% to $236 billion month over month. The consensus estimate from Bloomberg called for ...
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October Existing Home Sales Up 2%, Inventory Drops

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in October rose by 2% to a seasonally adjusted annual rate of 5.48 ...
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Users Spending 44% Less Time on Facebook

Facebook Inc. (NASDAQ: FB) has enjoyed a wide lead in user attention ever since the company rolled out its first product to a national audience. While it shows no sign ...
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Looking to Buy a Used Car? Black Friday Would Be a Good Day

With retailers of all kinds competing for consumer dollars on Black Friday, it should be no particular surprise that U.S. auto dealers want to join the party. Still-solid sales of ...
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Thanksgiving Holiday Gasoline Prices at Multi-Year High

U.S. gasoline prices averaged $2.53 a gallon Monday, down 2 cents from last Monday's level, but still on track to raise the coming holiday weekend's average price to the highest ...
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A Third of Holiday Spending to Happen Thanksgiving Weekend

Three-quarters of Americans who plan to buy holiday gifts this year will be shopping over the four-day Thanksgiving holiday weekend. Some have already begun their searches for the perfect gift, ...
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Where Hedge Funds Put Their Money in Q3

Hedge funds and other managed money accounts are often referred to as "smart money." After all, investors willing to pay their sometimes hefty fees are seeking the best returns on ...
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Why Does the IEA Always Underestimate Solar Energy’s Rapid Growth?

Baseball philosopher Yogi Berra once said, "It's tough to make predictions, especially about the future." That doesn't stop people from making them, mostly because predictions going out years or decades ...
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Hawaii’s Unemployment Rate at 2.2%, Alaska’s at 7.2%

Alaska, the 49th state to join the Union, on January 3, 1959, had the highest unemployment rate of any state in October at 7.2%. Hawaii, the 50th, which became a ...
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US Oil Rig Count Steady, Crude Price Slips Less Than 1% for the Week

In the week ended November 17, 2017, the number of rigs drilling for oil in the United States totaled 738, unchanged from the prior week and up by 267 compared ...
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October Housing Starts Up Sharply as Rebuilding Begins

The U.S. Census Bureau and the Department of Housing and Urban Development reported Friday morning that new housing starts in October rose to a seasonally adjusted annual rate of 1.29 ...
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Are Fuel-Efficiency Standards Really Driving Vehicle Prices Higher?

In late July, the National Highway Traffic Safety Administration (NHTSA) filed a notice of the agency's intention to review and potentially revise the so-called Corporate Average Fuel Economy (CAFE) standard ...
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