Economy

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Eleven Countries with Soaring Inflation

ThinkstockWhile inflation has been relatively tame in the United States and Europe, several large nations have struggled with rising prices. Sadly, most instances are simply stagflation, where prices are rising but the economic growth…

Jon C. Ogg · 13 years ago

Payroll to Population Employment Rate Dips in August: Gallup

ThinkstockIn a tracking survey that estimates the percentage of the U.S. population employed at least 30 hours a week, Gallup reports that the Payroll to Population (P2P) employment rate fell from 44.6% in July…

Paul Ausick · 13 years ago

All Jobless Numbers Likely to Impact Unemployment Rate

Ed Brown, via Wikimedia CommonsFriday’s report from the U.S. Department of Labor likely either will shock or enthrall the stock and bond market. After all, we have a tentative Syrian military strike to contend…

Jon C. Ogg · 13 years ago

World Economic Forum: Chad Listed as Least Competitive Nation

The World Economic Forum just issued the current Global Competitiveness Report (2013-2014). The study is one of the most dense and complex assessments of national economies. It also pretends to rate nations on which…

Douglas A. McIntyre · 13 years ago

ISM Manufacturing Growth Surprisingly Rises Much Higher

ThinkstockThe Institute for Supply Management (ISM) has reported that manufacturing expanded in August with a reading of 55.7%. This is up by 0.3 percentage points when compared to July’s reading of 55.4%, and it…

Jon C. Ogg · 13 years ago

OECD: Who Needs China?

ThinkstockThe Organization for Economic Co-operation and Development (OECD) released its “Interim Economic Assessment” for 2013. The agency expects modest growth in global gross domestic product (GDP), a point of view held by many economists.…

Douglas A. McIntyre · 13 years ago

The Suez Canal by the Numbers: Ship Attack Raises Risk

ThinkstockOne of the most important shipping lanes in the world may be in jeopardy. According to Bloomberg: Egyptian authorities moved to bolster security along the Suez Canal after a foiled attack on a ship traversing…

Douglas A. McIntyre · 13 years ago

PMI Recovers in China and Much of Europe

ThinkstockIt would make sense that China’s economy might make some modest recovery because it has been such a powerful GDP engine for so long. Not so Europe, where the recession has lingered for a…

Douglas A. McIntyre · 13 years ago

As War Risk Falters: Syria’s Economy by the Numbers

thinkstockThe United Kingdom has decided to refrain from an attack on Syria, although the United States may go it alone (or perhaps with France.) Obama has agreed to pass the decision to Congress which…

Douglas A. McIntyre · 13 years ago

August Farm Prices Take Sharp Drop

ThinkstockThe U.S. Department of Agriculture (USDA) released its preliminary report on August farm prices on Friday afternoon. The August all-products price index dropped by 12 points (6%) to 188 month-over-month, with the crop index…

Paul Ausick · 13 years ago

Consumer Sentiment Sags Again in August

ThinkstockAfter an unexpected jump to a six-year high 85.1 in July, the Thomson Reuters/University of Michigan consumer sentiment index fell back to earth on Friday. The final index reading for August came in at…

Paul Ausick · 13 years ago

Americans’ Income, Spending Growth Slows

ThinkstockIn its report on personal income and spending for July, the U.S. Bureau of Economic Analysis data shows that personal income in current dollars grew by 0.1% month-over-month, as did personal spending (called personal…

Paul Ausick · 13 years ago