Austerity Bites: GDP Revised Lower
The United States economy has definitely begun to feel the effects of austerity. Cuts to government spending held back growth more than initially expected during the first quarter. Drawing on revised...
View ArticleEconomists: Auto Sales Fueling Consumer Spending
Without the increase in home buying and new car sales, economists might not have much good news for investors this month. As it is, economists are betting that consumer spending jumped more in May...
View ArticleAt First Glance: Better-Than-Expected GDP Is Still Anemic
The United States economy grew faster than expected in the second quarter of 2013. However, the overall level of economic activity remained anemic, as consumers limited spending to necessities, and...
View ArticleIs Consumer Spending Still on the Rise?
Both the housing and labor markets improved last month, and consumer spending most likely rose in July for the third consecutive month. According to Bloomberg, economists have forecast that the...
View ArticleWill Higher Personal Income Turn Consumer Sentiment Around?
Source: http://www.flickr.com/photos/76657755@N04/ Personal income in the United States (money earned from wages and salaries) increased by 0.5 percent in September, according to the Bureau of...
View ArticleU.S. Trade Deficit Widens on Petroleum Imports
Source: http://www.flickr.com/photos/s4intly/ The U.S. trade deficit increased by 8 percent in September, according to the Bureau of Economic Analysis. The BEA reported on Thursday that the U.S....
View ArticleHoliday Spending: Will It Be Coal for Retailers This Year?
“Consumers appear to be willing to spend beyond what the tepid job creation and minimal income growth over the past several quarters would suggest,” wrote Sterne Agee economist Lindsey Piegza in a...
View ArticleWill Housing Market Boost Economy Before Year’s End?
With three months left in the year, the Commerce Department is giving the economy a little boost — approving construction of houses and apartments at a extremely quick rate, according to ABC News. The...
View ArticleAmericans Spend More and Earn Less in October
Source: http://www.flickr.com/photos/76657755@N04/ Personal income in the United States (money earned from wages and salaries) decreased by 0.1 percent on the month in October, according to data...
View ArticleWholesale Trade: Durable Goods Inventories Build as Sales Contract
Sales from merchant wholesalers increased 1 percent on the month to $440.1 billion in November and are now up 5.5 percent on the year, according to the latest Monthly Wholesale Trade report, which was...
View ArticleAusterity Bites: GDP Revised Lower
The United States economy has definitely begun to feel the effects of austerity. Cuts to government spending held back growth more than initially expected during the first quarter. Drawing on revised...
View ArticleEconomists: Auto Sales Fueling Consumer Spending
Without the increase in home buying and new car sales, economists might not have much good news for investors this month. As it is, economists are betting that consumer spending jumped more in May...
View ArticleAt First Glance: Better-Than-Expected GDP Is Still Anemic
The United States economy grew faster than expected in the second quarter of 2013. However, the overall level of economic activity remained anemic, as consumers limited spending to necessities, and...
View ArticleIs Consumer Spending Still on the Rise?
Both the housing and labor markets improved last month, and consumer spending most likely rose in July for the third consecutive month. According to Bloomberg, economists have forecast that the...
View ArticleWill Higher Personal Income Turn Consumer Sentiment Around?
Source: http://www.flickr.com/photos/76657755@N04/ Personal income in the United States (money earned from wages and salaries) increased by 0.5 percent in September, according to the Bureau of...
View ArticleU.S. Trade Deficit Widens on Petroleum Imports
Source: http://www.flickr.com/photos/s4intly/ The U.S. trade deficit increased by 8 percent in September, according to the Bureau of Economic Analysis. The BEA reported on Thursday that the U.S....
View ArticleHoliday Spending: Will It Be Coal for Retailers This Year?
“Consumers appear to be willing to spend beyond what the tepid job creation and minimal income growth over the past several quarters would suggest,” wrote Sterne Agee economist Lindsey Piegza in a...
View ArticleWill Housing Market Boost Economy Before Year’s End?
With three months left in the year, the Commerce Department is giving the economy a little boost — approving construction of houses and apartments at a extremely quick rate, according to ABC News. The...
View ArticleAmericans Spend More and Earn Less in October
Source: http://www.flickr.com/photos/76657755@N04/ Personal income in the United States (money earned from wages and salaries) decreased by 0.1 percent on the month in October, according to data...
View ArticleWholesale Trade: Durable Goods Inventories Build as Sales Contract
Sales from merchant wholesalers increased 1 percent on the month to $440.1 billion in November and are now up 5.5 percent on the year, according to the latest Monthly Wholesale Trade report, which was...
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