Economy

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ADP Report Adds Support for Better BLS Payrolls for June

ADP has released its National Employment Report for the month of June. This is viewed as a key directional indicator each month for the key unemployment and payrolls report from the U.S. Department of…

Jon C. Ogg · 10 years ago

Eurozone PMI Weakest Since 2014

Brexit will make matters worse among the economies of the old European Union. In the meantime, they are bad enough.

Douglas A. McIntyre · 10 years ago

New Construction Spending Slips Nearly 1% in May

The U.S. Census Bureau reported this morning that construction spending in May dipped by 0.8% to an estimated seasonally adjusted annual rate of about $1.143 trillion from the upwardly revised estimate of nearly $1.152…

Paul Ausick · 10 years ago

China PMI Drops To Four Month Low

Brexit is sure to damage the economic growth of both the EU and U.K.  America’s GDP growth has been lackluster. Japan’s decades long financial trouble has not ended, and will not soon. Add to…

Douglas A. McIntyre · 10 years ago

Muted Gains Seen in Personal Income & Spending During May

Wednesday’s economic report schedule was a bit on the light side, but there are still plenty of economic and international market events driving the cart. The Bureau of Economic Analysis reported that Personal Income…

Jon C. Ogg · 10 years ago

First Quarter GDP Revised Higher, But Still Paltry

Did you ever get excited about Gross Domestic Product running just over 1 percent? If your answer is no, even if it is understandable, Tuesday may be an exception. First quarter GDP was given…

Jon C. Ogg · 10 years ago

Texas Manufacturing Remains Negative in June

Manufacturing activity is Texas continues to see pressure as the summer gets off to a start. The Federal Reserve Bank of Dallas has signaled that June’s manufacturing weakness continues despite the recent recovery in…

Jon C. Ogg · 10 years ago

U.S. Sees Wider Trade Deficit in May

ThinkstockLong live the trade deficit! For many Americans the month report on U.S. International Trade in Goods is simply called the U.S. trade deficit. After all, when was the last time anyone saw the…

Jon C. Ogg · 10 years ago

McAllen Texas Tops List Of Idle Young Americans

According to a new study by 24/7 Wall St. entitled “Cities With The Most Idle Youth”, McAllen, TX is the leader. The research was based on several factors: There are an estimated 3 million…

Douglas A. McIntyre · 10 years ago

West Virginia Is State With Most Drug Overdoses

by 24/7 Wall St. entitled “10 States With The Most Overdoses”, West Virginia is at the top of the list. The details: Fatal drug overdoses are on the rise in the United States. Specifically,…

Douglas A. McIntyre · 10 years ago