ThinkstockIf Hurricane Sandy hurt retail sales and closed businesses through the Mid-Atlantic and Northeast, the problem is about to repeat itself as another storm, albeit a smaller one, approaches. Some economist have said Sandy’s…
ThinkstockThe Labor Department data is often written with what feels like a political bend, but admittedly that has been the case for more than two decades now. So when today’s Labor Department report on…
ThinkstockThe Institute for Supply Management is out with a delayed “Report on Business” for the New York region. Hurricane issues in New York delayed the report from last week, and we have already seen…
ThinkstockToday’s key economic report was the Institute for Supply Management Nonmanufacturing Index from October. The ISM gave a reading of 54.2%, and that is still in the growth area above the 50.0 mark. But…
courtesy of philip morris internationalToday’s big report was from the Labor Department on the Employment Situation in October, but we also received word on factory orders for the month of September. With this being…
ThinkstockThe National Association of Credit Management has released its economic report for October, and the group saw a decline in its metrics. This is not ever really a market moving number on its own…
courtesy of philip morris internationalToday’s report from The Institute for Supply Management showed that the manufacturing sector was not in contraction during the month of October. The PMI came in at 51.7%, versus 51.5%…
courtesy of General MotorsConsumer confidence is up at a year high! The Conference Board reported that the month of October showed a reading of 72.2. The problem is that this was light against estimates,…
The Chicago Purchasing Managers Index for the month of October did manage to tick up from September, but it is unfortunately still in contraction territory. The report came in at 49.9 in October, and 49.7…
ThinkstockInflation in wages is not really present right now. A report for the third quarter showed that the Employment Cost Index slipped to +0.4% from +0.5% in the second quarter. Bloomberg was calling for…
The Federal Reserve Bank of Dallas is now showing that growth is present but slowing in its region. Today’s Texas factory activity increased in October based on the responses of business executives. The Texas…
There is another economic report to digest ahead of closed markets this Monday. The Chicago Fed Midwest Manufacturing Index fell by 0.4% in the month of September. The new reading is down to a…
The markets may be closed for trading due to Hurricane Sandy, but the futures were scheduled to stay open until 9:15 a.m. EST on Monday. The Commerce Department today released personal income and spending…
The effects of Hurricane Sandy already have been felt on Wall St. as the major exchanges have elected to close today, and perhaps tomorrow. Much less certain is the damage the storm may do…
Halloween is not just for fun. It adds billions of dollars to the economy. And if early projections come true, then Halloween 2012 will be the biggest ever. That is good news for just…