Halloween Candy Spending per Household at $30.60
Candy companies will have a good Halloween, as will trick-or-treaters. According to new research, the average household will spend $30.60 for Halloween candy.
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Top Costume Choices for Halloween
Americans will spend $3.1 billion on Halloween costumes this year, more even than the $2.5 billion they’ll spend on candy. About two-thirds of Halloween shoppers will be buying costumes while about 94% will be…
Economists and Economic Reports See Last-Minute Q3 GDP Previews
Friday morning will bring the first look at third-quarter gross domestic product (GDP) for the United States. Note that the prior five GDP reports have been weak and signaling a very lackluster recovery, despite not…
Durable Goods for September Offers Mixed View for Q3 GDP
If there is one economic report that can be extremely volatile, regardless of the direction of the broader economy, it has to be the monthly report on durable goods.
Weekly Jobless Claims Remain Stubbornly Low
Every Thursday brings a new report on initial jobless claims from the U.S. Department of Labor. There was a slight dip in the week ending October 22, according to the Bureau of Labor Statistics.
Services Economy Seen Recovering Handily in October
The PMI Services Flash reading for October was the strongest one so far this year. What does that say about third-quarter gross domestic product?
Trade Deficit in Goods Contracts in September, With Rising Exports and Lower Imports
Now we have a report from the Census Bureau showing the advance report for international trade, wholesale inventories and retail inventories advance statistics for September 2016.
California, Texas, Colorado Homeowners at Most Risk From Wildfires
In 2015, wildfires in the U.S. burned more than 10 million acres, the highest total ever recorded. More than 893,000 homes in 13 western states that face "extreme" risk from wildfires, according to a…
Consumer Confidence Unexpectedly Falls — and Falls Handily
The Conference Board reading on consumer confidence dropped unexpectedly sharply for the month of October.
What to Expect for the Q3 2016 GDP Report
This Friday will mark the first real look at third quarter GDP. While this is a backward-looking number, this number is closely watched as it marks the official yardstick that measures the entire economy.…
Manufacturing Activity Ticks Higher on October
The PMI Manufacturing Index flash report was handily better than expected, and it might mean we are seeing a snap back in manufacturing activity as the fourth quarter gets off to the races.
St. Louis Fed Sees Interest Rates and Returns Remaining Low for Years
Another day, another Fed president speaking. St. Louis Federal Rserve President James Bullard deconstructed a Taylor-type rule to help explain the current monetary policy debate.
Chicago Fed National Activity Index Rose in September, but Still Under Trend
The Chicago Fed National Activity Index reading for September rose but remains in the red for the second straight month.
San Francisco Best US City to Build Wealth
If you want to get rich, San Francisco is the top choice among U.S. cities to help you reach your goal. And by getting rich we don't mean just high income, but, more importantly,…
America’s Most Stressed and Relaxed Cities
According to a recent study by the American Psychological Association, one in four Americans reports being highly stressed. The most-often cited sources of that stress are money — not enough — and work —…