Thursday will mark yet another Labor Department report covering weekly jobless claims. The question we and others will be asking is whether we have seen a cycle peak in jobless claims and in unemployment.…
ThinkstockWednesday morning, the U.S. Department of Commerce released the number for the U.S. trade deficit for the month of June. This was an unexpected turn from what was expected, partially due to U.S. domestic…
The Institute for Supply Management has released its non-manufacturing report on for July. The index rose to 58.7%, from 56% in June.
ThinkstockThe Institute for Supply Management reported last Friday that its purchasing managers index (PMI) for the month of July showed a stronger-then-expected gain in its manufacturing index. The question is if the ISM can show…
ThinkstockThe Conference Board Employment Trends Index, the so-called ETI, has been released for the month of July. It looks a tad better than Friday’s unemployment and payrolls report. July’s ETI rose to 120.31 from…
ThinkstockThe U.S. Census Bureau reported this morning that construction spending in June decreased by 1.8% to an estimated seasonally adjusted annual rate of $950.2 billion from an upwardly revised estimate of $967.8 billion in…
ThinkstockThe Institute for Supply Management reported its purchasing managers index (PMI) for the month of July showing a handy gain. The index rose 1.8 points to 57.1% from the 55.3% reported a month ago.…
Ed Brown, via Wikimedia CommonsThe Labor Department managed to release its July unemployment and payrolls report without spooking the markets into a panic that rate hikes and the end of stimulus would have to…
ThinkstockThe recovery has been marked by a sharp drop in unemployment, which may fall below 6% in the next month or two. However, as notes from the Federal Open Market Committee (FOMC) showed, the…
ThinkstockWe have yet another economic report this Thursday. This was a report from the National Association of Credit Managers (NACM). You can guess what they track — credit availability, accessibility and performance trends. The…
ThinkstockThe public, market watchers, investors and traders of all walks will be watching Friday’s payrolls and unemployment reports from the U.S. Department Labor. 24/7 Wall St. wanted to provide a preview for what readers should expect.…
ThinkstockThe Institute for Supply Management (ISM) and Market News International (MNI) have released the Chicago Business Barometer, and the number was an absolute dud for the month of July. Thursday’s headline purchasing managers’ index…
(July, 2011) Standard and Poor's State Credit Rating, Provided by The Tax FoundationAs far as S&P is concerned, holders of Argentina’s sovereign paper may as well burn it The press release: RATING ACTION On…
Janet Yellen and the Federal Reserve have released their statement for the July 29 to 30 FOMC meeting. As expected, we got more tapering of the monthly bond buying and we had no formal…
ThinkstockThis week is a very busy week for employment data. We are still awaiting the Friday unemployment and payrolls report from the Labor Department, but we now have two preliminary views that economists try…