Economy - Page 2

March Payrolls Come in Handily Under Expectations

Posted: April 6, 2018 at 9:05 am

Friday's economic reporting cycle was dominated by the employment situation report from the Bureau of Labor Statistics (BLS). Expectations were for a cooler payrolls report than the huge gains seen ...
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Are the Markets Braced for Strong Payrolls and Wage Gains on Friday?

Posted: April 5, 2018 at 2:10 pm

Friday morning will bring the Employment Situation report from the Bureau of Labor Statistics. This number is perhaps the most widely followed for the overall strength of the jobs economy, ...
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Nearly Half of Americans Expect Loss From Identity Theft in 2018

Posted: April 5, 2018 at 1:15 pm

Recent data breaches like the ones at Panera Bread and Saks Fifth Avenue highlight the continued threat to Americans' personally identifiable information. like credit card numbers, addresses and phone numbers. ...
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Why 2018 Looks Like Another Strong Hurricane Season Is Coming

Posted: April 5, 2018 at 1:05 pm

After a 2017 hurricane season affected too many communities to easily count, it's time to look forward to what the 2018 hurricane season will bring. According to the Colorado State ...
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Will Consumers Start Using Cash Again?

Posted: April 5, 2018 at 6:35 am

The cash register has become an anomaly at many retail locations. As a matter of fact, some stores and restaurants do not accept cash at all. If people cannot pay ...
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Nonmanufacturing and Services Economies Remain Strong in 2018

Posted: April 4, 2018 at 11:45 am

This year has seen its share of ups and downs in economic reporting, and the mix of inflation and a strong but tight labor market is helping to drive the ...
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ISM and PMI Show Manufacturing Growth With Strong Labor Data and Higher Prices

Posted: April 2, 2018 at 12:05 pm

Monday was one of the days in which we get to see two sides of the same economic picture in manufacturing. The PMI Manufacturing Index and the Institute for Supply ...
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New Construction Spending Inches Higher in February

Posted: April 2, 2018 at 11:45 am

The U.S. Census Bureau reported Monday morning that construction spending in February rose by 0.1% to an estimated seasonally adjusted annual rate of about $1.273 trillion, above the upwardly revised ...
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Strong Consumer Sentiment Driven by Lower-Income Households

Posted: March 29, 2018 at 10:55 am

The University of Michigan has released its updated consumer sentiment report for March. The month-end report was marginally lower than the mid-month reading, and that is said to be due ...
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Why a 1987-Style Crash May Come Early This Year

Posted: March 26, 2018 at 7:55 am

Traders are on edge for market open today. It’s for good reason. The S&P 500 is down 5.3% in the past two days, the past two days happened to be ...
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Yes, Americans Are Spending Way Too Much on Their Pets

Posted: March 22, 2018 at 1:15 pm

You may love animals or you may not. One thing most people can agree on is that they don't like when they have to pay ever higher prices for the ...
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Conference Board Leading Indicators Reach 7-Year High

Posted: March 22, 2018 at 11:10 am

The Conference Board on Thursday released its report on February's Leading Economic Index (LEI) showing a month-over-month gain of 0.6%, a fifth consecutive monthly increase. For the six-month period through ...
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IHS Markit Data Suggests Stronger Employment and Stronger Inflation Continuing in March

Posted: March 22, 2018 at 10:30 am

IHS Markit has released its flash U.S. PMI reading for March, and the report cites a strong upturn in private sector output that is supported by the fastest employment growth ...
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FOMC Rate Hike Comes With Almost Perfect World Predictions in 2019 and 2020

Posted: March 21, 2018 at 2:30 pm

The Federal Reserve has delivered its first formal interest rate hike for the tenure under new Fed Chairman Jerome Powell. While the formal rate hike was already expected, what matters ...
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How to Ensure that the World’s Water Supply Meets Demand

Posted: March 21, 2018 at 1:05 pm

By 2050, the world's population is expected to reach 9.8 billion people, up from 7.6 billion in 2017. By the same year, demand for water will rise by one-third, straining ...
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