Manufacturing activity is slowing. That’s the view of the Institute for Supply Management’s Report on Business for the month of December. The Purchasing Managers Index came in at 54.1%. While this still represents growth…
For those who were hoping for 4% growth in gross domestic product to continue late in 2018 and into 2019, the first economic release of 2019 might continue to temper expectations.
Twenty states will raise their minimum wages on Jan. 1. The actions will affect the pay of 5.3 million people. Most of these increases are modest, but in four states the bump is over…
Consumer sentiment in December rose year over year and month over month. Expectations for the future slipped a bit, but consumers remained positive on the current state of the U.S. economy.
According to the third estimate released by the Bureau of Economic Analysis, real gross domestic product increased at an annual rate for the third quarter that was less than in the second quarter.
The Federal Reserve Bank of Philadelphia has reported that manufacturing activity in its region has continued to grow but at a subdued pace in December.
Wednesday, December 18, 2018 was a day that could have marked a turning point for the Federal Reserve and Fed Chairman Jerome Powell in the quest to raise interest rates. After having fed…
The gender pay gap will take 101 years to close, according to a huge study by the well-regarded World Economic Forum. In some nations, the number is much worse.
A new survey from Duke University reports that half of U.S. CFOs believe the domestic economy will be in recession by the end of 2019. The outlook is even gloomier from global CFOs.
After a somewhat muted Producer Price Index report for November, the U.S. Department of Labor has released its November reading on the Consumer Price Index.