GDP
GDP Articles
ThinkstockIt turns out that the first quarter drop of 2.9% in gross domestic product (GDP) was truly a blip, just like economists had been saying all along. What is more of a surprise is just how...
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Thinkstock24/7 Wall St. wanted to make an update for its readers about the dual importance of economic reports. It is unemployment that rules the roost in most months, but this week will be an...
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ThinkstockTuesday marks the beginning of the July Federal Open Market Committee (FOMC) meeting of the Federal Reserve. This is a two-day meeting and the FOMC meeting announcement is slated for around...
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ThinkstockIn most months, the biggest single economic report is the Employment Situation report issued by the U.S. Department Labor on the first Friday of the month. That may not hold true this week....
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ThinkstockWhile all eyes will be on the upcoming July unemployment and payrolls on Friday, August 1, the other big economic report during the week will of course be second-quarter gross domestic...
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ThinkstockFriday’s report on durable goods was one we were paying close attention to. After all, this is the last major broad production and consumption number ahead of the first look at...
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ThinkstockOn Friday we will get to see the report for Durable Goods for the month of June. This is an incredibly important report because it is for June, marking the end of the second quarter. This...
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ThinkstockAfter a 2.9% drop in gross domestic product (GDP) in the first quarter of 2014, all eyes have been on June economic readings. After all, June marks the end of the second quarter. Now we...
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ThinkstockAs the economy recovers slowly, among the most critical questions about GDP recovery is how much money Americans actually have to spend for more than essentials. High energy and food...
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Thinkstock24/7 Wall St. covers many economic readings throughout each week, month and year. Many economic reports are trumped up in their value by the financial media and by short-term traders, but...
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ThinkstockThe Federal Reserve has released its latest installment of the so-called Beige Book. The Fed is getting yet another chance to move the market with data that should have already been known....
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ThinkstockFed Chair Janet Yellen is delivering her semiannual Monetary Policy Report in front of Congress on Tuesday. The testimony is before the Committee on Banking, Housing and Urban Affairs of...
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ThinkstockJune turned out to not be a great month for retail sales. The Census Bureau reported that advance monthly sales for retail and food services rose by only 0.2% to $439.9 billion on a...
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ThinkstockIt may be that economists are wrong so often that their forecasts about growth and the odds for or against future recessions are of little value. Nevertheless, the National Association of...
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Most media and analyst forecasts call for the Dow Jones Industrial Average (DJIA) to remain at about 17,000, or for it to plow ahead toward 20,000. The June jobs reports was good enough to lift the...
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