Economy

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Consumer Confidence Retreats from Recovery High

ThinkstockThe Conference Board released its consumer confidence index for November as 88.7, below the Bloomberg consensus estimate of 96.5. The previous reading in October was a recovery high at 94.1. The Present Situation Index declined…

Chris Lange · 12 years ago

What the Preliminary GDP Reading Means for the Holidays

ThinkstockThe Bureau of Economic Analysis released the preliminary reading for real GDP growth at a seasonally adjusted annual rate of 3.9%. This came in above both Dow Jones and Bloomberg estimates of 3.3%, which…

Chris Lange · 12 years ago

Thanksgiving Travel Forecast at 7-Year High

With gasoline prices at a five-year low, AAA Travel predicts that 46.3 million Americans will travel more than 50 miles to celebrate the holiday.

Paul Ausick · 12 years ago

CPI Firms Up in October

The U.S. Department of Labor's November Consumer Price Index (CPI) reading came in flat against a Bloomberg consensus estimate.

Chris Lange · 12 years ago

Eurozone PMI Well Below Forecast — Markit

ThinkstockIn a sign that the recession that ravaged the eurozone continues to drag on its economy, its most recent Purchasing Managers Index (PMI), as measured by Markit, missed most expectations on the low side.…

Douglas A. McIntyre · 12 years ago

Will Cold Weather Damage Fourth-Quarter GDP?

Another snap of frigid weather has occurred over the past several days. As the holiday retail period begins, weather threatens GDP growth again.

Douglas A. McIntyre · 12 years ago