ThinkstockRetail sales did not have much to show for in the first month of the third quarter. The Commerce Department reported Wednesday that retail sales were flat at 0.0% change in July. This fell…
The U.S. Treasury Budget for July was announced Tuesday afternoon. Tuesday’s results followed close enough to analysts’ expectations that it should not rock the boat too much in either direction. The Treasury reported a $94.59…
ThinkstockWith sentiment improving and GDP growth rate picking up in the second quarter, investors and economists alike are looking for anything to confirm or refute the upswing in the economy. The National Federation of…
The announcement: The ZEW Indicator of Economic Sentiment for Germany declines significantly in August 2014. The respective indicator has lost 18.5 points and now stands at 8.6 points (long-term average: 24.6 points). Decreasing for…
ThinkstockAs we enter mid-August, the economic calendar still has some important reports on deck for the week ahead. 24/7 Wall St. has created a brief preview for the top economic events on deck this…
The recent Report on the Economic Well-Being of U.S. Households from the Federal Reserve Board showed some startling facts about America. The worst was that one-third of American households were still worse off than they…
ThinkstockA stronger U.S. economy and a growing demand for employees are being joined by another trend according to the latest survey from Mercer. Pay raises are getting larger, if only modestly. Mercer, a subsidiary…
The last economic report for Friday was the Wholesale Inventories reading for June. It turns out that inventories rose by only 0.3% for the month. Bloomberg and Dow Jones both had the consensus estimate…
ThinkstockEconomists and market watchers want to know if labor costs are truly rising or not. After all, there has been very mixed data. Now a report on second quarter non-farm productivity and unit labor costs…
General Customs Administration reported today. Reuters said: Exports in July jumped 14.5 percent from a year earlier – the fastest pace in 15 months, the General Administration of Customs said on Friday, doubling from…
ThinkstockIt is of no surprise that the Great Recession had an impact on the retirement plans of many Americans. What is a shock though is just by how much. A component in the Federal…
In its new Report on the Economic Well-Being of U.S. Households, the Federal Reserve Board provides insight into numerous topics of current relevance to household finances. These topics include housing and living arrangements, credit…
ThinkstockFriday morning will bring the quarterly report on nonfarm productivity and unit labor costs. With the Employment Cost Index from last week having shown a pop much higher for the second quarter, economists and…
ThinkstockThe U.S. Labor Department has released its report on weekly jobless claims. We were wondering just on Wednesday whether the prior trend of higher claims would continue, and now we have that answer. Not…
ThinkstockThe European Central Bank (ECB) may not have liked to see that Italy has swung back down into recession territory, and it sure as hell doesn’t like to see Europe weakness tied to Russia-Ukraine…