Texas Manufacturing Growth Slows in November
The Federal Reserve Bank of Dallas has released its monthly Texas Manufacturing Outlook Survey for November.
Economy
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The Earth Is Getting Much Brighter, Which May Not Be Good
Advances in lighting technology are increasing light usage around the world. We're losing our night.
Eurozone Growth Reaches Multiyear High
Just as the U.S. economy has hit long and rapid strides in employment, consumer confidence, and GDP growth, the Eurozone has followed suit. According to new data from IHS Markit, PMI and employment indicators…
Consumer Sentiment Dips, Still Beats Estimate
The University of Michigan consumer sentiment survey dropped more than 2% in November primarily on consumers' concerns over their current economic conditions.
Durable Goods Orders Tumbled in October
Durable goods orders fell 1.2% month over month in October, well below the consensus estimate for a gain of 0.4%.
Consumer Inflation Not Following Wholesale Inflation Above Fed’s Target Range
It was just on Tuesday that the markets had to deal with a hot inflationary number that was stronger than what had been seen in several years. But consumer readings were far less hot…
October Retail Sales Up on Strong Car Sales
The U.S. Census Bureau reported this morning that retail sales rose 0.2% month over month in October and 4.6% year over year.
The Number of Global Millionaires Keeps Growing, but Millennials May Be Left Behind
Maybe there is never a bad time to be a millionaire. And there are now more millionaires than ever, according to a new report.
Pay Raises Scarce Last Year
Less than half of all American workers got a pay increase last year and older workers fared much worse than their younger associates.
Wholesale Inflation Rises Above Fed’s Inflation Target
The Federal Reserve has had the same target range on inflation for years now. Unfortunately, that target has been rather elusive until recently.
Small Business Optimism Runs Into Risks on Hiring New Employees
The National Federation of Independent Business has released its October Small Business Optimism Index, showing that optimism remained at lofty levels.
Why the Fed’s Inflation Targets Finally Look Reasonable and Present
The Department Labor is set to release its Producer Price Index on Tuesday and will then release the Consumer Price Index on Wednesday. Here's what to look for.
North Korea: Country and Military by the Numbers
The U.S. president arrived in South Korea Tuesday for a two-day visit that will include an address to the country's National Assembly. North Korea has not kept silent, but neither has it launched any…
Americans’ Biggest Worry? Cybercrime
A new Gallup survey shows that two-thirds of Americans worry most about having their personal data stolen or being the victims of identity theft. Less than half as many worry about being victims of…
Saudi Arabia’s Economy by the Numbers
At least 11 members of the Saudi royal family were arrested on Saturday on the orders of a newly formed anti-corruption committee led by the Crown Prince. What's at stake for country's economy, and…