On a Friday, when the markets had been glued to headlines around tax legislation, and then again Flynn-Russia-Trump news, the Federal Reserve's view on U.S. GDP for the fourth quarter was ratcheted higher.
Now the financial markets are getting to adjust to two strong economic reports that were actually both under expectations.
The European Central Bank decided to trim the monthly bond purchases and commit to keeping interest rates low. But what will the central bank do if inflation starts to get too high?
Should it be a surprise that Americans are spending more as their income rises? The Commerce Department released a strong reading on personal income and spending for the month of October.
The Bureau of Economic Analysis issued its first revision for third-quarter gross domestic product for 2017. What should stand out in this report is that this marked the strongest quarterly output gain in three…
The Conference Board has released its latest view on consumer confidence, showing that it remains at a 17-year high.
The OECD is reporting that the global economy is on pace to have the best year of growth since 2010.
The U.S. Department of Commerce has released its October monthly reading for international trade.
The Federal Reserve Bank of Dallas has released its monthly Texas Manufacturing Outlook Survey for November.
Advances in lighting technology are increasing light usage around the world. We're losing our night.
Just as the U.S. economy has hit long and rapid strides in employment, consumer confidence, and GDP growth, the Eurozone has followed suit. According to new data from IHS Markit, PMI and employment indicators…
The University of Michigan consumer sentiment survey dropped more than 2% in November primarily on consumers' concerns over their current economic conditions.
Durable goods orders fell 1.2% month over month in October, well below the consensus estimate for a gain of 0.4%.
It was just on Tuesday that the markets had to deal with a hot inflationary number that was stronger than what had been seen in several years. But consumer readings were far less hot…
The U.S. Census Bureau reported this morning that retail sales rose 0.2% month over month in October and 4.6% year over year.
