Consumer Confidence Ramps Higher, With Brighter Expectations Ahead
It turns out that the recovery in the stock market and the end of the panic of the first six weeks of 2016 has led to a gain in consumer confidence. The Conference Board…
Economy
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Manufacturing Activity Ticks Back Up in Texas
If you were wondering whether low oil and commodity prices hurt manufacturers in Texas, they did. A bounce in energy prices may have helped to turn things around, though.
Atlanta Fed GDPNow Model Lowers Q1 GDP Forecasts
The Federal Reserve might be hoping for inflation of 2%, but equity investors have generally been hoping for 2.5% or more growth in gross domestic product in the United States.
Best Savers in the US? Millennials
The United States is not a nation of savers on the same scale as countries like Japan. where the personal savings rate is around 24%. But if the millennial generation keeps up its savings…
Personal Income and Spending Ticked Higher in February
Personal income and consumer spending both posted gains in February, according to Monday's report from the Bureau of Economic Analysis.
Which Companies Will Suffer as the US Population Ages?
Over the next 40 years, some stocks should do very well in the wake of a demographic trends. Some, not so much. Here are some industries and companies that could be set to take…
Chance Clinton Will Be Nominee at 88%
Despite the Bernie Sanders sweep of three states this weekend, Hillary Clinton still enjoys an 88% chance she will become the Democratic nominee.
Americans’ Debt Is Getting Gray Hair
By now it’s an accepted fact that millennials have so much student loan debt that they can’t and don’t want to borrow more. Unlike most accepted facts, this appears pretty much to be true.…
9 American Cities Losing the Most People
The U.S. Census Bureau released its latest analysis of population change among the country's 371 metropolitan areas.
What a Higher Q4 GDP Revision Means for the Current Quarter
Perhaps the real issue is not just what a GDP revision looks like. After all, the data is now almost 90 days old and covers and average of the final quarter of 2015.
US GDP Growth Estimate Rises to 1.4% for Q4
U.S. consumers did their bit to boost the country's fourth-quarter gross domestic product to a growth rate of 1.4%.
Will Durable Goods Alter GDP Expectations?
The durable goods report is one of the most volatile economic readings of them all and subject to huge hits and misses above or below the consensus estimates.
Non-Manufacturing Data Giving Higher Regional Reading
Now the so-called Philly Fed is showing that non-manufacturing business activity rose in March as well.
Large Gains Seen in Richmond Fed Manufacturing Index for March
the Federal Reserve Bank of Richmond issued its Fifth District Survey of Manufacturing Activity report, showing a stellar gain for March.
March Flash PMI Ticks Marginally Higher
Economic readings for March are showing very marginal upticks from the weak readings seen in December to February.