The University of Michigan released its findings on the Consumer Sentiment Index on Friday morning. The preliminary reading for May remained flat and was more or less in line with the consensus estimate from…
In its monthly Energy Update, the Federal Reserve Bank of Dallas discusses how the lack of pipeline capacity from the Permian Basin is costing crude oil producers up to $11 a barrel.
The National Federation of Independent Business reported this morning that small business optimism remains high. Finding and hiring qualified employees is becoming a sharper problem however.
The Kilauea volcano that recently erupted wildly is located in Hawaii. If the eruption continues for any long period, the state's tourism dollars will take a hit.
Last week's volcanic eruption at Kilauea has so far destroyed at least 26 homes and threatens many others. The entire west coast of the United States up through the Aleutian islands is riddled with…
New orders for U.S. manufactured goods rose by 1.6% in March and were up 7.7% year over year for the first 3 months of 2018. Transportation goods, particularly commercial planes, lead the gains.
Many investors seem to get scared going into some Federal Reserve meetings, particularly when we are in a period of time where investors, consumers and business owners worry that the Federal Open Market Committee…
Economists and investors just got to see two fresh views on the U.S. manufacturing segment of the economy. While growth remains in the air, it may be deemed to be at a less robust…
The final April consumer sentiment index reading from the University of Michigan was down more than 2% month over month but remains up 1.9% year over year.
What should stand out in the latest GDP report is that the U.S. economy is about to hit $20 trillion in GDP, if any of the expected growth comes to pass in 2018.
It is no secret that the United States is heavily bogged down with student debt. A recent Federal Reserve study on debt showed that there more than 44 million Americans with student debt. The…
If there is one economic report that can be very volatile and can come in well above or well below expectations, it is the monthly durable goods report.
Walmart CEO Doug McMillon's pay last year was 1,188 times the pay of a median company employee. That's way above the already high median ratio of CEO-to-median-employee pay.