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Now that the third quarter has come to an end, and with the election dominating the fourth quarter, 24/7 Wall St. wanted to take a look at the broader economic snapshot.
Thursday's barrage of economic reports included the U.S. Department of Commerce's final revision for the second-quarter GDP reading.
Durable goods are showing not to be all that durable, and this matters as it can add up to a lot of the impact on gross domestic product.
The Federal Reserve Bank of Chicago releases its nationally focused Chicago Fed National Activity Index each month, and the reading for August was negative, after having been positive in July.
The FOMC meeting is key because many of the regional Federal Reserve branch presidents and Fed Chair Janet Yellen have been jawboning about the need to raise interest rates.
Fannie Mae is calling for GDP to be up almost 2% in 2016. What matters here is that it remains among the groups seeing accelerated growth for the rest of the year.
Unfortunately, the Business Roundtable CEO Economic Outlook Index is not looking very good at all despite what is still a reading in positive territory.
For years Texas was one of the stronger driving forces of the U.S. economy. It turns out the persistent weakness in energy has continued to pressure the economy now.
The Federal Reserve has released its Beige Book for September of 2016. With so many economists, investors and market watchers being concerned about an imminent interest rate hike, this Beige Book...
It is always hard to call a recession, particularly in a foreign country. But is it too soon to worry about a recession for our trading partners in the north?
With the fresh reading on America's durable goods orders coming in quite strong, some watchers are wondering if the odds of a rate hike went up.
One interesting view for the larger economic snapshot is seeing how much each gold medal and then all Olympic medals would cost based on each nation's GDP.
Even though 2016 is an election year, no politician really will try to tackle the issue of a decline in overall labor productivity.
Maybe America is supposed to just be happy that GDP is up at all when the rest of the world is sucking wind and suffering with negative interest rates.
Durable goods matter because they sum up what is happening in the big-ticket items that help make up U.S. gross domestic product.