Stock Market Highs Indicate Rising American Prosperity On Wednesday the Dow Industrials rose 298 points, the S&P and Nasdaq hit new highs as well. Bank stocks and industrial companies led the charge as the Trump Train continues to roll on to rising American prosperity. The stock market has been rising since the election. Advance Report [...]
Texas Factory Activity Increased for Second Month in a Row The Federal Reserve Bank of Dallas released its Texas Manufacturing Outlook Survey for the month of April 2016 and reports Texas factory activity increased for a second month in a row, according to business executives responding to the survey. The US Department of Commerce Advance [...]
Manufacturers Anticipate Robust Business Conditions During the Next Six Months The Federal Reserve Bank of Richmond released its Fifth District Survey of Manufacturing activity and reports that manufacturing activity expanded in March. Both shipments and the volume of new orders increased…Manufacturers anticipate robust business conditions during the next six months. Chicago Fed National Activity Index [...]
BEA Reports Third Quarter GDP Increased According to the “third” and final estimate of third quarter GDP by the Bureau of Economic Analysis (BEA), the value of goods and services produced by the nation’s economy, less the value of goods and services used up in production, adjusted for price changes, the third quarter GDP increased [...]
The Chicago Business Barometer Increased to Highest Level Since January Led by strong gains in both Production and New Orders the Chicago Business Barometer increased 7.5 points to 56.2 in October from 48.7 in September. The sharp increase in the Barometer pushed it to its highest level since January and marks a promising start to [...]
The Federal Reserve Bank of Richmond Fifth District: Survey Finds Manufacturing Activity Increased Fifth District manufacturing activity increased moderately in July…shipments and new orders picked up this month and order backlogs also strengthened. Manufacturing employment softened this month and average wages continued to increase at a moderate pace. Prices of raw materials rose more quickly [...]
US employers resumed a solid pace of hiring last month and the jobless rate fell, priming the economy to snap back from a brutal winter…the unemployment rate fell to 5.4 percent.” WSJ, Friday 5/8/15 5/4/15 Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders March 2015: New Orders for manufactured durable goods in March [...]
In another sign of economic weakness US employers sharply slowed hiring in March to the weakest pace in more than a year. The US Department of Commerce last week released its Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for February 2015: New Orders for manufactured durable goods in February decreased 1.4 percent. [...]
The CFNAI Edged Up in January Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) edged up in January to +0.13 from -0.07 in December. The index’s three month moving average (CFNAI-MA3) ticked down to +0.33 in January from +0.34 in December. January’s CFNAI-MA3 suggests growth in national economic activity was [...]
Estimated Third Quarter GDP Increased 3.9% According to the Bureau of Economic Analysis, real gross domestic product-the value of the production of goods and services in the United States, adjusted for price changes, increased at an annual rate of 3.9 percent in the third quarter of 2014, according to the “second” estimate. In the second [...]