Friday’s reading from the Chicago Purchasing Managers managed to get back above the breakeven line into positive territory. The adjusted index rose to 50.4 in November, versus 49.9 in October. Bloomberg was calling for…
The National Association of Credit Management’s economic report for November 2012 has shown that it has regained the losses seen back in October. The reading jumped to 55.2 in November from 54.4 in October.…
Personal income and spending fell for the month of October, but this is yet another economic report that is marred from the impacts and uncertainty around Hurricane Sandy. Personal income was unchanged in October,…
The Federal Reserve Bank of Kansas City has now released its November Manufacturing Survey and it revealed that Tenth District manufacturing activity continued to fall in the month of November. Producers’ expectations were unchanged…
The Commerce Department is out with its first revision on third-quarter gross domestic product. GDP growth was initially said to be 2.0%, up from 1.3% in the second quarter. Final demand was what offered…
ThinkstockThe Commerce Department has reported that durable goods were effectively unchanged in the month of October at a seasonally adjusted $216.95 billion. Dow Jones had a consensus expectation of -1.2% and Bloomberg had an…
ThinkstockThe University of Michigan consumer sentiment reading for the end of November, a revised number from earlier in the month, came out at 82.7, versus a prior reading of 84.9. That prior reading seemed…
ThinkstockMarkit is out with its November Flash PMI reading, which came in at 52.4, up from 51.0 in October. Bloomberg had a consensus expectation of 51.0, and the range of estimates was 50.5 to…
courtesy of Wal-Mart Stores Inc.Retailing giant Wal-Mart Stores Inc. (NYSE: WMT) has filed an unfair labor practices complaint against a union that the company says has been illegally supporting worker rallies at the company’s…
ThinkstockToday’s report from the Fed on industrial production and capacity utilization for October is yet another report that is marred by the impact of the hurricane hitting at the end of the month. Let’s…
This morning already brought a mostly in-line report from the Empire Manufacturing district of New York. That was still negative from New York, and now we have another drop being reported from the Philadelphia…
ThinkstockJanet Yellen, Vice Chair of the Federal Reserve, is speaking at the Haas School of Business at the University of California, Berkeley in Berkeley, California today. Her speech is about the recent revolution and…
ThinkstockWholesale inventories for the month of September came in with a gain of 1.1%, according to the Commerce Department. This has a lag because it is a September report. This is also less current…
ThinkstockThe Reuters/University of Michigan has released its report on consumer sentiment, which is not to be confused with the broader consumer confidence report from the Conference Board. This is a preliminary report for the…
ThinkstockConsumer credit rose in the month of September, albeit at a slower rate. The Federal Reserve showed an increase of some $11.36 billion versus August to $2.737 trillion. The increase was put at an…