Productivity Heads South as Labor Costs Keep Rising
There has been a saying for years that productivity competes with unemployment — and productivity is down.
Economy
All Economy Articles
Newest first · Page 224
ADP Payrolls Disappointment Likely to Dampen Labor Department Payrolls Expectations
If there is one economic report that is used each month as a barometer for the direction of the payrolls and unemployment report from the U.S. Department of Labor, it is the ADP payrolls…
A Third of San Francisco Residents Would Flee
One in three residents of San Francisco would leave the city due to high rents and housing costs. That may be the highest level since the 1906 San Francisco earthquake.
Los Angeles Is Most Polluted City in America
Air pollution is not as bad in any U.S. cities as it is in in China and India. However, in some American cities, the air is fair from pristine.
Fresno Is US City Hardest Hit by Extreme Poverty
Among the cities hardest hit by extreme poverty, Fresno is in first place, according to a recent 24/7 Wall St. article.
Consumer Sentiment at 7-Month Low
The Thomson Reuters/University of Michigan Consumer Sentiment Index has slipped from a March reading of 91 to an April reading of 89.
US Worker Pay Growing Faster Than Inflation, but Still Slow
Inflation remains well short of the Federal Reserve's 2% target, and combined with a first-quarter total compensation increase of 1.9% indicates that U.S. workers are earning enough to cover higher costs.
Consumers Are Cautious Despite Income Growth
Personal income rose 0.4% in March, beating Bloomberg’s estimates, but personal spending rose just 0.1%, falling short of expectations.
Europe GDP Rises, Deflation Threat Lingers
The GDP of the euro area rose 0.6% in the first quarter. The problem of deflation in the region lingered.
Kansas City Fed Manufacturing Stays in the Red, but Marks 2 Months of Improvements
The Kansas City Fed Manufacturing Index came in at −4 for April. This may represent contraction, but is less negative than the reading seen in March.
Weekly Jobless Claims Lend Further Support for Strong Jobs Market
The Bureau of Labor Statistics showed that weekly jobless claims came in at 257,000 for the week of April 23.
GDP Manages Very Small Gain in 2016 Q1
First-quarter GDP gives the bears some argument that the economy isn't chugging along just fine, but it is still growth at the end of the day.
What Yet Another No-Vote for a Fed Rate Hike Looks Like
Janet Yellen and the Federal Reserve have voted to keep interest rates flat. This was exactly what the market was expecting, but the overall Federal Open Market Committee (FOMC) tone remained a bit more…
What to Expect From Q1 2016 GDP
Thursday will mark a crucial day for just how much, or how little, the U.S. economy is growing. The initial first-quarter GDP estimate from the U.S. Department of Commerce will be released.
Narrower Trade Deficit for Goods
The international trade deficit did not come in anywhere as high as expected in March, implying that perhaps that pesky dollar strength's trend abatement might be in the works is showing up in the…