US Reports Wider Trade Deficit in June
The U.S. trade balance, what the rest of us have grown used to calling the trade deficit, widened out to -$43.8 billion in June.
Economy
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Newest first · Page 257ISM Shows Total Blowout in Non-Manufacturing in July
The Institute for Supply Management (ISM) has released a stellar Report on Business for the non-manufacturing segment of the U.S. economy.
ADP and TrimTabs See Different Direction on Payroll Growth in July
With all eyes looking out for this Friday's employment situation report from the U.S. Department Labor, economists and investors alike are searching for any hints they can find regarding how the report will turn…
Strong Factory Orders From June Not Given Much Thought
The report on factory orders in the month of June came in with a gain that was ahead of the consensus estimates from Bloomberg and Dow Jones.
How to View Unemployment and Payrolls This Week
This coming Friday we will get to see the U.S. Labor Department's report on payrolls and unemployment data for the month of July.
ISM Manufacturing Shows Weaker Growth
New orders, production and employment were shown as growing in July, while inventories were seen as contracting.
Personal Income and Spending Show No Real Inflation
Personal income and personal spending both came in with positive readings for the month of June.
China PMI Continues Collapse as Other Forces Challenge Growth
The final figures for China's manufacturing in July, supplied by Caixin, showed a number posted at a 15-month low.
Consumer Sentiment Ticks Lower in July
ThinkstockConsumer Sentiment got worse over the course of July rather than improved. The University of Michigan’s Consumer Sentiment report was initially shown to be 93.3 in mid-July, but the final July figure ticked down…
Little to No Inflation in Employment Costs
ThinkstockWith Janet Yellen and the Federal Reserve hoping and looking for any good news on higher prices and getting inflation back up to 2% or more, any aspect of pricing is being looked at…
World Population To Reach Over 11 Billion.. In 2100
ThinkstockVery long-term forecasts about anything are a wasted exercise. So much can go wrong to disprove them. That did not keep The U.N.’s Department of Social Economic and Social Affairs (Population Division) from a…
California Saved More Water Than It Had To
U.S. Drought MonitorThe State of California instituted a law which mandated a 25% cut in water use. People and businesses did better than that, with a drop in use of 27.3% in June. If…
Increase In Minimum Wage Could Rocket Fast Food Prices Higher By 25%
ThinkstockWhat will happen if the minimum wage paid by companies which offer fast food moves to $15? Food prices charged by these companies to customers would rise modestly. If that wage goes to $22,…
Q2 GDP Shows Growth, But Not Strong Enough
ThinkstockInvestors, economists, and business owners just got to see their first view of Gross Domestic Product (GDP) for the second quarter of 2015. The US economy grew by 2.3% in the second quarter, shy…
Did Janet Yellen Just Delay Rate Hikes Further?
Janet Yellen and the Federal Reserve’s Federal Open Market Committee (FOMC) have not made any change in interest rates. Again. While that no-change was expected, there just wasn’t really any serious rate hike scare…