Displaying 57 results
Will higher inflation in December affect advisors’ 2024 outlooks?
The biggest takeaway from the December CPI report could be that the Federal Reserve is done raising rates, rather than the timing or number of its cuts.
Bob Doll’s 10 predictions for 2020
Nuveen’s chief equity strategist is heading into 2020 with a generally bullish outlook
Gov’t projects $205B deficit fall
The U.S.’s federal deficit has fallen $43 billion so far this year, reduced by economic growth and new jobs, according to the Office of Management and Budget.
Wholesale inventories climb in May
Inventories at U.S. wholesale companies increased 0.5% in May as automobiles, metals and electrical supply inventories grew.
Yellen: Inflation still a danger
Current monetary policy will encourage growth and falling inflation, but risks remain, said San Francisco Fed president Janet Yellen.
Service economy picks up steam
The non-manufacturing sector grew at a stronger pace in June than at any time since April 2006.
Leading manufacturing indicator rises
The ISM manufacturing index rose to 56% in June, from 55% in May.
Inflation moderates in May
Core inflation slowed in May, increasing a modest 0.1%, according to the Department of Commerce.
Consumers blue about economy
Pessimism about the economy reached a 10-month low in June as mortgage rates rose and household budgets were strained by high gasoline prices.
Revised GDP inches up
The U.S. real gross domestic product was revised upward to 0.7% for the first quarter, according to the Bureau of Economic Analysis.
Hard goods take heavy fall
Durable goods orders plummeted in May, falling below expectations and reflecting a rocky month for manufacturing and business investment.
New home sales still stumbling
In a sign that the housing market is still reeling, sales of new homes fell by 1.6% in May, marking the fourth drop in the past five months.
Consumer confidence keeps fading
Confidence among U.S. consumers plummeted to a 10-month low in June.
Home sales continue to droop
Sales of existing homes in the United States fell 0.3% in May while the median home price lost ground for the 10th consecutive month.
May economic indicators in the black
The Conference Board's index of leading indicators increased 0.3% in May, as stock prices rose and claims for unemployment benefits fell.
Home construction numbers decline
The number of homes in construction fell 2.1% to 1.47 million in May, down from 1.53 million in April, according to the Department of Commerce.
Capital flows up markedly in May
Capital flows to the U.S. increased sharply from $81.7 billion in April to $111.8 billion in May, the Treasury said today.
Energy prices bump up CPI
Gas prices raised consumer prices during May, but core inflation remained moderate, according to a report released today by the Bureau of Labor Statistics.
Latest Beige Book a good read
Economic activity grew modestly from mid-April through May, the Federal Reserve said today.
Retail sales, imports rise in May
Retail sales increased 1.4% in May, marking the largest increase in 16 months, according to the Department of Commerce.