Research

18% of US Energy Comes From Renewable Sources

Over the past 10 years, renewable power-generation capacity has accounted for 55% of all new construction. In 2017, the percentage of U.S. power generated from renewable sources rose from 15% ...
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US Oil Rig Count Rises by 7 as Crude Price Remains Steady

In the week ended February 16, 2018, the number of land rigs drilling for oil in the United States totaled 798, up by seven compared to the previous week and ...
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Consumer Sentiment Ignores Equity Markets, Soars on Tax Cuts

The preliminary University of Michigan Consumer Sentiment Index for February reached its second-highest level since 2004 in the first half of the month despite the carnage in the equities market ...
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January Housing Starts Soar Nearly 10%

The U.S. Census Bureau and the Department of Housing and Urban Development reported Friday morning that new housing starts in January rose to a seasonally adjusted annual rate of 1.326 ...
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A New Forecast That Cars Are Going Away

With the dawn of the self-driving cars and ride-sharing services, many experts have said that sales of traditional sedans, coupes, crossovers, sport utility vehicles and pickups will plunge. This would ...
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February Homebuilder Confidence Remains Strong

The National Association of Home Builders (NAHB)/Wells Fargo housing market index (HMI) for February remained unchanged at 72, down two points from an 18-year high of 74 in December. Economists ...
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Natural Gas Price Ticks Up as Inventory Dips More Than Expected

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 194 billion cubic feet for the week ending February 9. Analysts were expecting a ...
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Why January Retail Sales Were Lower Than Expected

U.S. consumer spending increased by 3.6% year over year to $492 billion in January but dipped by 0.3% month over month from a downwardly revised December total of $493.3 billion. ...
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Fiat, Chrysler Fall at Bottom of New JD Power Dependability Study

J.D. Power has released its 2018 U.S. Vehicle Dependability Study. Fiat Chrysler Automobiles N.V. (NYSE: FCAU) brands Fiat and Chrysler took two of the bottom three spots, joined by niche ...
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Highway Fatality Rate Highest in Wyoming, Lowest in DC

Highway fatalities represented 1.3% of all deaths in 2015, according to a new research report from the University of Michigan’s Sustainable Worldwide Transportation group. Researchers Michael Sivak and Brandon Schoettle ...
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Mortgage Delinquencies Decline in November; Remain High in Hurricane-Affected Areas

The share of home mortgage loan payments that are 30 days or more past due fell from 5.2% in November 2016 to 5.1% in November 2017. The foreclosure inventory rate ...
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January Small Business Optimism Rises, Wages to Rise

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for January rose by 2.0 percentage points from 104.9 in December to come in ...
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US Shale Crude Oil Production to Rise 110,000 Barrels a Day in March

Between March of 2017 and March of 2018, U.S. crude oil production from seven major shale regions is forecast to rise by 1.88 million barrels of oil per day to ...
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US National Average Gasoline Price Sees First 2018 Drop

U.S. retail gasoline prices slipped last week to a national average of $2.57, down 2.5 cents from the prior week, and diesel fuel also slipped a bit, 2.0 cents a ...
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Idle Hands Not Only the Devil’s Workshop; Cost $100 Billion Annually

While many American workers might believe that -- and behave as though -- they have too much work to do and too little time to get it done, there is ...
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