courtesy U.S. Federal ReserveThe bond market and stock market have both been anxiously awaiting the announcement from the FOMC and a conference from Ben Bernanke after the Fed’s two-day meeting. Perhaps the markets have…
ThinkstockThere was tremendous excitement among members of Congress and then the general public when the Congressional Budget Office (CBO) released data that showed that “enacting S. 744 would generate changes in direct spending and…
ThinkstockA new alert has gone out from the National Weather Service regarding tropical storm activity. The note signals that Tropical Depression Two has formed in the 2013 hurricane season. The storm’s current location is…
ThinkstockStocks were already higher this Monday morning in early trading, and now we have some economic readings to support the gains. The Empire Manufacturing Index is released monthly by the Federal Reserve Bank of…
ThinkstockThe U.S. recovery may have tame inflation and weak capacity and production, but now have the most highly watched report of the day, which is actually not even a government economic report. The Reuters/University…
ThinkstockThe U.S. current account aims to measure the nation’s international trade balance, and it considers all goods, services and unilateral transfers each quarter. Today’s report was a first-quarter measurement, so it should have little…
ThinkstockFriday’s big government release for economic data was the Producer Price Index (PPI). The aim is to measure wholesale inflation to determine what will happen to consumer prices and consumer inflation in the months…
ThinkstockAfter falling for five consecutive years, the number of violent crimes across the United States rose by 1.2% in 2012. Based on data published by the Federal Bureau of Investigation (FBI), the increase was…
ThinkstockU.S. gross domestic product (GDP) grew by 2.5% in 2012 after growing 1.6% in 2011, the most the economy has grown since 2006. Nationally, manufacturing, trade and the finance and insurance industry made some…
ThinkstockThe only economic report on Tuesday is the report on wholesale trade, which is a figure for April. Inventories were up by 0.2% to $504.8 billion for the month, matching the Bloomberg and Dow…
ThinkstockNew data from Interest.com indicates that most other studies of how financially tough retirement will be for almost every American are accurate. The recent study indicates that older Americans face income shortfalls in 48…
ThinkstockThe Federal Reserve reported that American wealth has recovered to pre-recession levels. As a matter of fact, on an adjusted basis, it is the best it has been since the 1940s. It remains an…
ThinkstockThe shale oil boom has done remarkable things for North Dakota. It is a shame there are not huge deposits of it in every state in the Union, or that some state governments have…
ThinkstockThe Great Recession left many families in need of greater economic security. Although federal programs provide some safety net, the states supply much of the security. A new report rated Washington as the state…
Courtesy EADS/AirbusFactory orders for the month of April have now been released from the Commerce Department. They were up 1.0%, short of the 1.4% expected by Bloomberg and short of the 1.5% expected by…