Domestic Economic Indicators 3/2-3/6 Monday 2/2 Personal Income and Outlays Personal Income showed a 0.3% raise after a 0.3% increase in December This was short of analysts’ forecasts of 0.4% increase Personal spending decreased by 0.2% after a decline of 0.3% in December Prices also fell, down 0.5% following a 0.2% fall […]
The word to sum up this week’s domestic economic indicators is “patience.” This is the word that the Fed has adopted as a mantra. The FOMC minutes were released this week and it seems to show that the Fed is unsure what to do next. The economy is making a turnaround in their opinion, so […]
The latest economic indicators over the past two weeks are not painting a pretty picture. While they are not showing any signs of catastrophe, the state of the U.S. economy may not be in as good of shape as we thought. GDP for the fourth quarter came in at a 2.6% increase; however this number […]
Domestic Economic Indicators 2/2/15-2/6/15 Monday 2/2 Personal Income and Personal Spending Personal Spending fell 0.3% which miss expectations of a 0.2% decline Personal Income rose 0.3% which was better than expected For the full year personal income is up 2.5% which is the biggest increase since 2006 PCE (Personal Consumption Expenditure) […]
Tuesday March 11 Wholesale Inventories -rose more than expected -rose 0.6% -key component of GDP -Economists believe the current inventory level is unsustainable and expect the build-up in unsold stocks to eventually reverse Wholesaler sales -fell 1.9% -biggest drop since March 2009 -sales pace it would take 1.2 months to clear shelves […]
Monday March 3 Personal Income -Was on the strong side which indicates a good start to Q1 growth -0.3% increase -private wages and salaries increased $14.8 billion after a $9.1 billion loss last month -factors that increased personal income were mostly federal -Affordable Care Act affected government social benefit payments -Cost of Living adjustments were […]
Tuesday February 25th Consumer Confidence -Fell to 78.1 from 79.4 -Concerns about near term outlook for business conditions and jobs led to decrease -Consumers don’t see considerable momentum in economy in coming months -Consumer confidence is an indicator of consumer spending which accounts for 70% of economic activity Wednesday February 26th New Home Sales […]
Monday February 17th -U.S. markets were closed for Presidents Day Tuesday February 18th New York Fed Manufacturing Survey -fell to 4.48 down from 12.51 the month before -was expected to fall but only to around 8 -new orders were near 0 but anything above 0 shows expansion -this survey is used to forecast the […]
Very simply, we wanted to take a closer look at something that’s been highlighted by media and Obama admin watchers; his taste for executive Orders. Many policies have been opposed by the majority, only to get passed through by these centralized devices that allow a leader to bypass other branches of power. Let’s look at […]
For the week of 2/10, data continuing through 2/14. This is the complete filing of economic data posted within the United States: Tuesday 2/11 Wholesale Inventories -rose less than expected in December -increased 0.3% -inventories are a key component of GDP changes = goes into calculation of GDP -many believe lower than expected because current level […]
