The European Union Chamber of Commerce in China on Tuesday released a report detailing the slow progress that China is making in implementing the vision presented 18 months ago by President Xi Jinping.
Meet Ames, Iowa, which has the lowest unemployment rate among all U.S. cities at 1.5%. This universe includes the 388 metro areas measured by the BLS. Based on May numbers, Ames is only one…
While the United States may never have an overall global trade surplus, bringing down the current huge deficits and lowering the barriers to foreign markets will be yet another positive for what currently is…
The trade war with China has begun in earnest, and among the earliest and most well-covered victims of these tariffs is Mid-Continent Nail.
There may be a bit of a more muted expectations for Friday's key payrolls and unemployment report from the U.S. Department of Labor.
The chances for wage increases in the economy, particularly at the low end of the scale, are depressing. And GDP faces a real threat as discretionary spending probably falters.
In the first half of 2018, U.S. consumers spent more on discretionary items than they did in the same period a year ago, even though gasoline prices were sharply higher. Store closings are higher…
The minimum wage rate rose this morning in two states, the District of Columbia, and 15 local jurisdictions. The federal minimum has not been raised since 2009.
U.S. spending on new construction rose month over month in May and is up 4.5% year over year. Private spending on residential construction is up 6.4% year over year.
China is already feeling some of the trade tension bite, on top of other economic pressures in the world's most populous nation.
The final consumer sentiment reading for June from the University of Michigan rose slightly to 98.2 from May's index of 98.0. The mid-June index was higher, but consumers' concerns have changed since then.
The TSA believes some of the 28 million airline passengers will try to carry fireworks as they travel during the holiday period.
It appears that consumer spending, which makes up the majority of U.S. GDP, was weaker than had been expected in the first quarter.
A researcher has come up with a test that shows which states are most and least "psychopathic." For some reason, West Virginia falls at the bottom of the list.
The monthly reports on durable goods can be quite volatile, disappointing in a strong economy or soaring even in a bad economy.
