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Jon C. Ogg

Kansas City Fed Shows Regional Decline in Manufacturing

ThinkstockThe Federal Reserve Bank of Kansas City has released its 10th district report on manufacturing activity. This is a September reading, and it does show continued weakness, but the good news is that the…

Jon C. Ogg · 11 years ago

Durable Goods Tick Lower in August

New orders for durable goods were not all that durable in August. The only good news here is that the drop was not as bad as economists had expected.

Jon C. Ogg · 11 years ago

Can Fortune Cookies Help Odds of Winning the Lottery?

ThinkstockIf there is one thing that captures the imagination and the ambition of Americans from all walks of life, it has to be winning a multimillion dollar lottery jackpot. This is an instant millionaire-making…

Jon C. Ogg · 11 years ago

Did the Fed Make a Huge Mistake Not Raising Interest Rates?

ThinkstockAfter the decision was made by Janet Yellen and the Federal Reserve’s voting members of the Federal Open Market Committee (FOMC) to not raise interest rates in September, the financial markets have been volatile…

Jon C. Ogg · 11 years ago

Richmond Fed Goes Negative in September

The Federal Reserve Bank of Richmond announced on Tuesday that manufacturing in the Fifth District slowed and went negative in the month of September.

Jon C. Ogg · 11 years ago