Montana Is the Most Dangerous State to Drive In
Based on a 24/7 Wall St. analysis of driving risk in all 50 states, Montana is the most dangerous state to drive in.
Economy
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October New Construction Spending Up 13% Year Over Year
The U.S. Census Bureau reported Tuesday morning that construction spending in October increased by 1% to an estimated seasonally adjusted annual rate of $1.107 trillion from the upwardly revised estimate of $1.097 trillion in…
ISM Shows Manufacturing Contraction for November
Manufacturing took it on the chin in November. That is at least a part of what the Institute for Supply Management has signaled in its manufacturing report. The headline index reading was 48.6, below…
CEO Economic Forecast Drops to 3-Year Low
CEOs of large American companies are becoming more pessimistic by the quarter. The Business Roundtable CEO Economic Outlook Index fell to 64.5 in the fourth quarter from 74.1 in the third quarter. It is another…
China PMI Trouble and Air Pollution
Factory activity, homes that use coal and wood for heating, and car and truck emissions are the causes of China's dangerous pollution levels.
Greek Unemployment Rate Still Near 25%
The Greek numbers show how impossible it is for the country to pull out of its deep recession, which in turn cripples its ability to pay back billions of dollars in sovereign debt.
Dallas Fed Shows Improvements in Texas Manufacturing in November
The latest Texas Manufacturing Outlook Survey shows that overall Texas regional factory activity increased for the second consecutive month after exhibiting weakness in the first three quarters.
China and India Cities Have Worst Air Pollution in the World
Authorities in India and China have warned their populations that air pollution in some cities has reached near record levels, particularly in Delhi and Beijing.
Arkansas Leads States Where People Face Black Friday Violence
Arkansas is the state were it is most likely shoppers will have violent encounters while shopping. The forecast was posted by research site Estately According to Estately management: To determine just where it’s most dangerous to…
Consumer Sentiment Now Better in Lower Incomes vs. Higher Incomes
It was just this week that 24/7 Wall St. pointed out that Consumer Confidence from the Conference Board did not match up with the preliminary report from the University of Michigan’s Consumer Sentiment report.…
Mixed View on Personal Income & Spending vs. Rate Hike Expectations
If you read all the reports about weak retail spending, you might wonder how all those dollars saved on gasoline are ending up in the economy. Now add in continually strong jobs reports. The Bureau…
Weekly Jobless Claims Setting Up For Strong Employment and Payrolls
Something just feels odd about the jobs market these days. The concerns of a serious slowing in new jobs seemed to have abated, but the Consumer Confidence had a serious slowing expected in jobs…
Durable Goods Look Quite Durable for October
Each report on Durable Goods feels like a bit of a wild card. After all, things like cars and planes and a whole host of other big-ticket capital goods are very volatile during good…
When Consumer Confidence and Consumer Sentiment Do Not Match Up
When economists and the public go after the same sort of economic data and come up with entirely different views, it generally means that someone has to be very wrong. That would be the…
Positive Revision for Third Quarter GDP
The United States got some good news for the economic yardstick measurement for growth. Gross Domestic Product (GDP) was revised higher for the third quarter. The Department of Commerce and Bureau of Economic Analysis…