Q1 GDP May Have Only Risen 0.6%, According to Atlanta Fed
The Atlanta Fed's most recent addition of the calculations shows that U.S. gross domestic product rose only 0.6% in the first quarter, well below almost any mainstream forecast.
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Disappointing Payrolls Report for March, With Payrolls Revised Lower for February and January
The latest employment situation report from the Bureau of Labor Statistics simultaneously may be blamed on weather and may question some of the new pro-growth expansion's real effectiveness.
US Tornado Count Doubles, Heads Toward Record
Likely, when the final count is made, 2017 will pass 2008 as the year with the most tornadoes during the first quarter.
Are International Visitors Really Avoiding the US?
Have policies and other pronouncements from the Trump administration had an impact on international travel to the United States?
Higher GDP Largely Ignored by the Markets
Gross domestic product is how economists, consumers, politicians and academia all measure economic growth. GDP in the United States is dominated handily by consumer spending.
Expect More Federal Reserve Rate Hikes in 2017
If the Federal Reserve and the financial markets are correct, 2017 will end up being the year that interest rates start to become more and more normalized on a historical basis.
Why Consumer Confidence Soared Off the Charts in March
Unusual strength in confidence readings has been the standout feature of the post-election economy. The consumer confidence index has yet to slow, as the spread between optimists and pessimists continues to widen.
March Consumer Confidence Index Hits 16-Year High
March's Consumer Confidence Index reached a 16-year high, according to the Conference Board.
Manufacturing Recovery Continues in Texas Region
The Federal Reserve Bank of Dallas's Texas manufacturing outlook survey for the month of March showed that manufacturing activity strengthened in the state for the ninth consecutive month.
Nearly 20% of Americans Think Global Warming Is Exaggerated
Almost 20% of Americans think news about global warming is exaggerated. They also don't have much concern about climate change.
Easter Spending Expected to Reach $18 Billion
Although its lags behind the big year-end holidays, Easter is a boom time for many retailers. Consumers will spend a record amount on the holiday this year.
Kickstarting America’s Stalled Productivity Growth
In each of the past three years, U.S. productivity has risen less than 1%, well below an average of about 2.2% since the end of World War II. Josh Bivens suggests how to raise…
Chicago Fed Shows Continued National Economic Trends in February
A national report issued by the Federal Reserve Bank of Chicago shows that economic growth increased in the month of February.
Who Is Getting the Best Pay Raises?
CEO pay went up nearly 7% last year, while hourly wages rose by less than half that amount. Employees may have to be more forthright in asking for a raise, but their chances of…
How Much Does Germany, Second Largest Financial Supporter of NATO, Owe?
The Trump administration says Germany does not pay its fair share, but how much is that?