Philly Fed Strong, but Not Enough
The Philadelphia Federal Reserve Bank has released its regional Business Outlook Survey for the month of August, and it is looking far better than the recent manufacturing report from New York.
Economy
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Newest first · Page 255FOMC Minutes Break Early, Tightening Risks Remain
The minutes from the July 28 to July 29 Federal Open Market Committee's meeting signal low inflation and some weakness in the world, but the trajectory for a rate hike remains.
Russian Retail, Car Sales Tanking
Retail sales in Russia plunged in July and sales of new cars in particular were down even more.
CPI Shows That Inflation Remains Tame
In July, the Consumer Price Index ticked higher for the sixth consecutive month, but less than expected.
Could China Devaluing the Yuan Actually be Good Long-Term?
ThinkstockTelling US exporters that their goods are going to be even less competitive is not likely going to sound like good news. Neither is deflation. And China’s recent surprise devaluation move of the yuan…
Meet the New Dallas Fed President
The Federal Reserve Bank of Dallas has announced who will formally replace Richard Fisher as the new president and chief executive officer of the district bank.
New York Fed Empire Manufacturing Falls Off a Cliff
Business activity declined for New York manufacturers in August to its the lowest level since 2009.
The Troubled Economy of Brazil by the Numbers
The Brazilian economy has been injured and could even lapse into recession. President Dilma Rousseff is also under suspicion for corrupt behavior.
El Niño Shaping Up to Bring Relief to Drought-Stricken California
The 2015-2016 winter season is shaping up to be among the wettest ever along the west coast of the United States.
Consumer Sentiment Ticks Lower in August
The University of Michigan has released its preliminary report on consumer sentiment for August.
Industrial Production and Capacity Utilization Tick Higher for July
The Federal Reserve report on industrial production and capacity utilization for July is good news for those wanting growth, but it may be bad news for those hoping the Fed keeps its coming rate…
Higher PPI May Not Matter to Fed
he Bureau of Labor Statistics has reported the Producer Price Index for final demand in July.
Air Pollution Causes 17% of Chinese Deaths
Air pollution causes 17% of the deaths in China, according to a recent study of air pollution in the country.
Total Household Debt Now Has US Auto Loans Over $1 Trillion
Auto loan originations were shown in the New York Fed report to have reached a 10-year high in the second quarter.
Retail Sales Tick Higher in July
Investors and economists have been looking for the consumer to drive the economy, particularly as about 70% of gross domestic product comes from the consumer spending component.