Job Security High Among Younger Workers
ThinkstockIf you are between the ages of 18 and 29, you think you have more job security today than you did a year ago. Only 18% of workers older than that feel more secure…
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Newest first · Page 332Positive Reports on Weekly Jobless Claims and on Personal Income
Ed Brown, via Wikimedia CommonsWe have two key pieces of employment data for Thursday’s key economic reports. Weekly jobless claims data is out from the U.S. Labor Department and personal income and spending data…
Countries Spending the Most on the Military
courtesy Boeing Co.For the first time since 1998, global military spending is down. This coincides with a major decline in U.S. spending, which fell by more than $40 billion between 2011 and 2012. Even…
Fitch Joins the Rest of the World in Cutting China Growth Forecast
ThinkstockAn increasingly long list of private economists, credit firms and investment banks have downgraded China’s growth prospects. The latest comes from Fitch, one of the world’s largest credit rating agencies. And if such a…
German Unemployment Improves
ThinkstockThere is a debate, based on official government figures, private assessments and forecasts, about whether Germany is one of the few large nations in the world that has entered a true recovery. New information…
Q1 GDP Takes Sharp Negative Revision on Consumer Spending
ThinkstockThe Commerce Department has released its second and (supposedly) final reading of the first-quarter gross domestic product (GDP) for 2013. As this is a second revision, it would require a significant revision to have…
German Confidence Rises: GfK
ThinkstockA recovery of the overall German economy has been questioned, based on negative data from Eurostat and Markit. New information from GfK states that Germany has not only recovered from economic doldrums, but that…
Consumer Confidence at Surprising Post-Recession High
ThinkstockThe Conference Board has released its consumer confidence reading for the month of June. This report is much broader in the sampling than the consumer sentiment report from the University of Michigan, and the…
A Very Pleasant Surprise from Durable Goods
Courtesy EADS/AirbusDurable goods figures are one of the most volatile economic releases issued each month. The Commerce Department report for May shows a very positive surprise of 3.6% to a seasonally adjusted $231 billion.…
The Most Competitive Cities of the Future
ThinkstockSingapore is currently the most competitive city in the world, beating out New York and London, according to the Economist Intelligence Unit (EIU), which focuses on global research. However, says the EIU, by 2025,…
Dallas Fed: Manufacturing Surges in June, Outlook Better as Well
ThinkstockThe Federal Reserve Bank of Dallas is out with regional economic data for the month of June. The Manufacturing Production Index rose to 17.1 in June from 11.2 in May. The Business Activity component…
New York Fed President Argues for More Accommodation
ThinkstockLike his colleague James Bullard at the St. Louis Fed, New York Fed President William Dudley thinks the last week’s Federal Open Market Committee (FOMC) statement was not the best the central bank could…
Chicago Fed Still Sees Negative National Economic Trends for May
ThinkstockThe Federal Reserve Bank of Chicago has issued its National Activity Index (CFNAI) for the month of May. While the number appears to be an improvement over April, it is unfortunately still a negative…
Ifo Business Climate Index: Germany “Holds Its Course”
ThinkstockGermany’s very, very modest economic improvement continued. However, the pace is slow enough that continued problems among other European Union nations could still drag it under. And those problems do continue, based on recent…
Shanghai Composite Drops 5.3% as Nikkei Ends Down
ThinkstockWorry about a slowing economy and a future lack of credit in the market caused the Shanghai Composite to be crushed — down 5.3%. Related worries, which also concerned those about the possible end…