Economy

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July Retail Sales Get Third Quarter Off to a Bad Start

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…

Chris Lange · 12 years ago

Treasury Budget Deficit Shrinks, But Spending Still Rises

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…

Chris Lange · 12 years ago

Small Business Optimism Ticks Up Only Slightly

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…

Chris Lange · 12 years ago

ZEW Announces Sharp Drop In German Economic Sentiment

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…

Douglas A. McIntyre · 12 years ago

Top 6 Economic Reports for the Week Ahead

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…

Jon C. Ogg · 12 years ago

Student Debt Woes in America Have Surpassed Startling Levels

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…

Jon C. Ogg · 12 years ago

U.S. Workers in Line for Bigger Paychecks

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…

Paul Ausick · 12 years ago

China July Trade Surplus–The Official Announcement

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…

Douglas A. McIntyre · 12 years ago

Will Unit Labor Costs Confirm Wage Inflation Fears?

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…

Chris Lange · 12 years ago