Research

US Oil Rig Count Unchanged, Crude on Track for 3% Weekly Loss

In the week ending August 17, 2018, the number of land rigs drilling for oil in the United States totaled 869, unchanged compared to the previous week and up by ...
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August Consumer Sentiment Slides to 11-Month Low

The preliminary University of Michigan Consumer Sentiment Index for August slipped 2.7% to a reading of 95.3, after posting a reading of 97.9 in July. The preliminary reading is 1.5% ...
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Nvidia–Crypto Stings, Big Picture Intact

By Gene Munster and Steve Van Sloun of Loup Ventures Shares of NVDA [were] down 5% after-hours [Thursday]. The company missed expectations in its OEM and IP segment as the ...
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The Rust Belt Needs Capital to Turn Talent and Innovation Into Jobs

By John C. Austin, nonresident senior fellow in the Metropolitan Policy Program at the Brookings Institution Since Rust Belt voters tipped the results of the 2016 election, interest in effective ...
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July Housing Starts Resume Slow Growth

The U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that new housing starts in July rose to a seasonally adjusted annual rate of 1.168 ...
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Natural Gas Price Drops on Storage Increase, Weather Forecast

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 33 billion cubic feet for the week ending August 10. Analysts were expecting a ...
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Relocation for Work Reaches Historic Lows

In the 1980s, over one-third of job seekers were willing to move for a new position. Now more than ever this number is dramatically shrinking as new trends are emerging ...
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US Drivers Learn More About Self-Driving Cars, Like Them Less

Over the past two years, U.S. drivers have become more aware of autonomous (self-driving) vehicles. More than three-quarters (78%) have some knowledge of autonomous vehicles that a human driver may ...
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Salt: Not as Bad As We’ve Been Told?

Salt may have gotten a bad rap all these years. At least that's the conclusion of a new study published this week in the U.K. medical journal The Lancet. According ...
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Homebuilder Confidence Dips Slightly in August

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for August slipped one point from July's index reading of 68 to 67. The HMI posted an 18-year ...
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Recognizing Infrastructure’s Role as a Local Economic Anchor

By Joseph Kane, senior research associate and associate fellow at the Metropolitan Policy Program of the Brookings Institution In the race to grow their economies and create new jobs, localities ...
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Retail Spending Remains Strong, Up More Than 6% in July

U.S. consumer spending increased by 6.4% year over year to $507.5 billion in July and up by 0.5% month over month from a downwardly revised June total of $504.9 billion. ...
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US Shale Oil Production to Rise 90,000 Barrels a Day in September

Between August of 2017 and August of 2018, U.S. crude oil production from seven major shale regions is forecast to rise by 1.4 million barrels of oil per day to ...
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Musk Fills in the Blanks and Addresses Funding Questions

By Gene Munster and Will Thompson of Loup Ventures Elon Musk wrote a blog post titled Update on Taking Tesla Private addressing the most common questions following last weeks going ...
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Rebuilding the Employment Security System for the Rust Belt That Created It

By John C. Austin and Richard Kazis of the Metropolitan Policy Program at the Brookings Institution Industrial transformation, brought on by global trade, new digital technologies, and changes in the ...
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