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…
ThinkstockThe news for this coming Friday’s unemployment and non-farm payrolls report is now expected to be a bit muted. ADP released its monthly jobs projection for the month of May, and the numbers really…
ThinkstockBond and stock market participants have been fighting over exactly when the Federal Reserve will start tapering off on the bond buying under quantitative easing. These market participants have even gone as far as…
ThinkstockThe Institute for Supply Management has released its national manufacturing data for the month of May. Monday’s report is very soft at only 49.0% and is a disappointment, considering that last week’s data was stronger than…
ThinkstockStocks were trading weak this morning before the economic news was out, but the markets had recovered going into the Chicago Purchasing Managers Index and ahead of the revised Reuters/University of Michigan Consumer Sentiment…