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GDP Articles
Now there is Hurricane Ophelia, but what makes it unusual is where the current storm path is headed — Ireland. But just how ready is Ireland for a hurricane?
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Since so much of China's manufactured goods are exported, a strong PMI reading likely signals demand for China's goods is robust in larger countries.
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Second-quarter U.S. GDP was pegged at 3.1%, Volkswagen warned that the the diesel scandal still is hurting its earnings, Whole Foods was hit by hackers, and more important headlines.
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If there was a contest to find the one major government economic report that is the most volatile and unpredictable through good times and bad times alike, the durable goods report would have to win...
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The Chicago Fed National Activity Index indicated slower growth in the month of August, in part due to the impact of Hurricane Harvey.
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While storms may drive a frenzy of buying goods tied to the home, the evidence has been mounting that two major storms are going to hurt GDP and industrial production.
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Florida has the fourth largest economy among all states, but Hurricane Irma could undermine business and financial activity across the state.
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The American economy seems impossible to derail. However, two factors, completely unrelated, could ruin current progress.
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Stronger-than-expected second-quarter GDP growth got its biggest boost from consumer spending and its biggest anchor from residential fixed investments (home buyers).
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The European Union will tighten the screening process for foreign takeovers of companies, Bitcoin prices moved above $4,000 for the first time, and more headlines.
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While most economic reports have come in with mixed readings lately, the common theme seems to be moderate growth but with mild inflationary pressure.
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The Chicago PMI had been steadily accelerating in 2017, and it reached a three-year high in June, but the July report offered a weaker reading.
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It might seem counterintuitive to think that the economy needs higher inflation. Still, that's the current thinking.
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A new ransomware cyberattack has hit more than 300,000 computers, Nestle may buy back $21 billion worth of its shares and Apple has acquired an eye-tracking software company.
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The monthly release of wholesale inventories data rarely moves the markets. Yet the latest reading might actually have a negative impact on gross domestic product in the second quarter.
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