Consumer Sentiment and Leading Indicators Point Higher
The Conference Board released its Leading Economic Index (LEI) for March and the University of Michigan's Consumer Sentiment index was released with a first look at April.
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Newest first · Page 265Fed Beige Book Highlights Job Losses in the Oil Patch
U.S. economic activity expanded or remained steady in in all 12 Federal Reserve districts, according to the latest version of the Beige Book released Wednesday afternoon.
Greek Sovereign Debt Downgraded at S&P
Ratings service Standard & Poor's has downgraded its long-term and short-term sovereign credit ratings on Greece. The ratings have been removed from CreditWatch, but the outlook is Negative.
Industrial Production and Capacity Utilization a Bad Omen for US GDP
The Federal Reserve's industrial production numbers for March are weak enough that they may act as a drag on GDP forecasts for the first quarter.
Economic Conundrum: Weak Inflation vs. Slow Retail Sales
What are economists and investors supposed to think when inflation remains low, yet consumers just do not really want to buy the goods that drive the economy?
Workers Seeking $15 Hourly Wage Set Strikes in 230 Cities
Organizers expect job actions in more than 200 cities nationwide to attract 60,000 wage protestors, according to a report in The New York Times.
China Growth Slows, Drags Down Asia
Whether it is purchasing managers index statistics or imports and exports, more and more signs point to a tapering of China's growth.
US to Be Largest Economy in 2030
The United States is forecast to remain the world's largest economy in 2030, but China will close the gap between first and second place.
FOMC Minutes Mixed on Timing of Rate Hikes and Economic Strength
ThinkstockThe markets had been awaiting that minutes of the March 18 FOMC meeting. Now we have them. The real issue was getting to the bottom of how and why the Fed removed the term…
A Worldwide Period of Low Growth Ahead — IMF
The International Monetary Fund has issued a report that forecasts low worldwide economic growth for several years ahead.
US Job Openings Hit 14-Year High: Almost Double the Long-Term Unemployed
The U.S. Bureau of Labor Statistics released its Job Openings and Labor Turnover Survey (JOLTS) for the month of February on Tuesday morning.
Greece Wants 279 Billion Euros From Germany for WWII Reparations
Greece is pushing for €279 billion in reparations from Germany for actions during World War II. It is unlikely Germany will make the payments, though.
Parts of Oklahoma, Texas Added to Hard-Hit Drought Areas
The four-year drought that plagues California has spread to western Oklahoma and the panhandle of Texas, according to the U.S. Drought Monitor.
US Growth Forecast Chopped to Zero
The Federal Reserve Bank of Atlanta has reported that its forecast for U.S. gross domestic product (GDP) growth dropped to zero on April 1.
ISM Manufacturing Growth Stalls in March
Manufacturing ISM Report on Business for the month of March was above the breakeven level, but it was shy of the Bloomberg consensus estimate.