Consumer Sentiment Fades Into Trade War Angst
When the University of Michigan released its preliminary reading on consumer sentiment for May, it came with the caveat that the data had been collected prior to the end of trade talks and the…
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Ahead of Hurricane Season, More Than 7 Million Homes Are at Risk
Saturday, June 1, marks the beginning of the 2019 hurricane season. NOAA analysts are predicting a normal year and housing market analysts at CoreLogic have released their report on the number of U.S. homes…
Widening Inverted Yield Curve: What a Fresh Look Implies Today
While the simple explanation of an inverted yield curve means that longer-term interest rates (bond yields) have gone lower than short-term ones, there is a discrepancy about what the definition should be.
Consumer Confidence Unwavering Despite China Trade War
Despite trade tensions with China in the past few weeks, consumer confidence is relatively high, according to the Conference Board. In fact, the numbers are near an 18-year high.
This City’s Unprecedented Experiment Gives Poor Residents Money to Spend However They See Fit
Recent jobs and economic reports herald good tidings, though growth across the country has been uneven. Many families and towns are still hurting, with 46 million Americans living below the poverty line. Typical U.S.…
Opinions Grow That Trade War Will Hit US Growth
Morgan Stanley economists are the latest to say that American growth will be undermined by the huge trade war between China and the United States.
OECD Says Trade Storm Warnings Are Up
The OECD became the latest organization to warn that a U.S. trade war with China could put an anchor on the global economy. The notion that one nation will win with no effect on…
Would China Really Embargo Exports of Rare Earth Metals From US Manufacturers?
Is China threatening to cut off exports of rare earth metals and products to the United States? Is that really a good idea?
IMF States the Obvious: US Importers to Bear Weight of Tariffs
The IMF joins the group of institutions and individual economists that say consumers are the undisputed losers in the U.S.-China trade war.
Five of the Largest Cities in America Are in Just One State – And It’s Not California
New Census data released Thursday shows that New York is still America's largest city, but among the biggest cities in the United States, five are in Texas.
Where Does the US Go to Manufacture Goods After China?
For companies that want to flee China because of tariff wars, several nations are logical alternatives to China though, because of both their production capacity and likely low labor costs.
Employees in These Cities to Take the Most Vacation Days This Summer
With Memorial Day coming at the end of this week, and the official start of summer a month away, American workers have begun to make vacation plans.
US Businesses Paid Less Than 8% of Federal Income Tax Collections Last Year
The IRS has released its latest report on fiscal year 2018 federal tax collections. Quite a few things have changed since 1960.
Fed Index Points to Slower Growth in April
April saw slower growth than March as declines were seen in the production-related indicators of Chicago Fed National Activity Index.
China Says the US Did Not Drive Its Growth
Many economists who analyze global GDP trends would argue strongly that the U.S. is largely responsible for China’s growth in recent decades. America has turned to China’s massive and inexpensive factory sector to make…