Weak Durable Goods in May Should Act as a Drag on Q2 GDP
If there is one industrial component that can help sway the impact of gross domestic product, look no further than the monthly report on durable goods.
Economy
All Economy Articles
Newest first · Page 127
Will Anyone Know How Many People Actually Live in the US?
There is a battle in the federal courts over control of the national census, who will be included in the count and even when census ballots are printed.
FOMC’s Forecast for Rate Cuts in 2019 Is Slower Than Market Expectations
Jerome Powell is being less dovish than the market and President Trump want him to be. FOMC votes to not cut fed funds rate and is slower than the consensus forecast of rate cuts…
June Consumer Confidence Plunges to 21-Month Low
The Conference Board reported Tuesday that its consumer confidence level hit a 21-month low in June.
More Weakness Seen in Regional Manufacturing Data
The strong economy has finally started to show some weakness around slower global growth and trade tensions. After a very weak Empire Manufacturing report from the Federal Reserve Bank of New York, the Federal…
Retail Sales Rise Ahead of Tariffs
May's reading on retail sales did manage to post a 0.5% seasonally adjusted gain. That's the good news.
Fitch Quantifies GDP Growth Damage for 2020 If More Tariffs Come
It is not at all unusual for economists and market watchers to worry about trade tensions escalating. Where things break apart between the glass viewed as half-empty or half-full is if the trade tensions…
New York Area Manufacturing Activity Plummets in June
The Federal Reserve Bank of New York has released its Empire State Manufacturing report for the month of June. While this is just one region, it is viewed as being close to a real-time…
Fed Models Suddenly Call for Stronger Than Expected GDP Growth
The Atlanta Federal Reserve Bank's model now projects real GDP growth in the second quarter that looks better than prior forecasts but is still shy of the first quarter,
The World’s Least Peaceful Country Is in Central Asia, US Is Toward the Bottom
War-torn, impoverished and politically unstable, the least peaceful nation in the world can be found in Central Asia, according to a well-respected global study of how people feel about their own countries.
Federal Reserve’s Inflation Targets Still Elusive
When investors and economists see that the Consumer Price Index barely rose in May, they probably want to shrug, even if prices for the shelter and food indexes increased.
Could Immigration Reform Brighten CFOs Gloomy Economic Outlook?
In its latest survey of global CFOs, Duke University's Fuqua School of Business found that most expect the global economy to be in recession next year.
This Is How Much Child Support Varies From State to State
Sometimes it seems as if almost every regional statistic these days can be color-coded red or blue, with sharp divides according to the states’ voting patterns. But that’s not the case with average child…
Is an MBA Worth the Cost?
An MBA is one of the most expensive degrees a person can pursue after graduating from college. Is the cost worth it? It depends on whom you ask.
IMF Issues Review of US Economy, Warns About Debt, Trade
The IMF on Thursday released its preliminary summary of the agency's review of the U.S. economy. The review is mixed at best.