The markets have seen two weeks of post-election rallying, while U.S. interest rates and the dollar have both been rising in anticipation of a return to growth. Markit has already released stronger-than-expected numbers in…
We have yet another strong economic report around U.S. manufacturing. Markit’s Flash U.S. Manufacturing PMI appears to indicate the strongest rise in U.S. manufacturing production since March 2015. What may matter here is that this…
Last week’s massive drop in weekly jobless did not seem to repeat itself. That being said, jobless claims remain stubbornly low and signal a continuation of a good employment market. The U.S. Labor Department…
The U.S. Commerce Department has released its Durable Goods report for the month of October and it was a strong number across the board. 24/7 Wall St. would remind investors, readers, and economists that…
It would have been hard not to notice that Black Friday sales promotions started earlier than ever this year. The bottom of the bowl of Halloween candy wasn’t even visible when retailers began advertising…
Just over half (51%) of an individual’s average $400 Thanksgiving weekend shopping budget will be spent online. That’s $205 compared with $185 (46%) in stores and the remaining 3% ($10) on catalog shopping. Three-quarters…
The Chicago Federal Reserve bank has released its National Activity Index showing a better reading for October versus September. The report was still negative at -0.08, but this is better than the -0.23 reading…
Fannie Mae has released some of its expectations for 2016 and 2017 based upon changes in the new administration ahead. The government-sponsored entity’s Economic & Strategic Research Group released its November 2016 Economic and…
Brick-and-mortar retailers are keenly aware of how the weather affects store traffic and, ultimately, customer spending. Cold, stormy weather on Black Friday could very well keep shoppers snug at home, wrapped up in a…
24/7 Wall St. wanted to give investors, business owners, and consumers a heads up for what to expect in the weeks ahead. The presidential election is over, the Federal Reserve wants to raise interest…
The San Andreas fault runs along the coast of California from Humboldt County in the north to near the Mexican border in the south, and it could simultaneously rupture along its full length.
The bad news for retailers this year is that neither online nor in-store sales got off to a particularly good start due to the presidential election.
It is time to get ready, or even more ready perhaps, for a Federal Reserve interest rate hike at the December 14 FOMC meeting. A litany of economic data released on Thursday was stronger…
The industrial production report is one of those economic reports that can drive a lot of chatter among economists, but the latest report is for the month of October, making it a pre-election report.
What if one of those economic reports of pre-election time periods implied that the bump in inflation seen in recent months was already coming back down?
