Category: Economy

The ISM Manufacturing Index declined to 47.8 in February, lagging the consensus expected 49.5. (Levels higher than 50 signal expansion; […]

Personal income rose 1.0% in January (+1.1% including revisions to prior months), easily beating the consensus expected +0.4%.  Personal consumption […]

Real GDP growth in Q4 was revised slightly lower to a 3.2% annual rate from a prior estimate and consensus […]

New orders for durable goods declined 6.1% in January (-6.3% including revisions to prior months), lagging the consensus expected -5.0%. […]

New single-family home sales increased 1.5% in January to a 0.661 million annual rate, below the consensus expected 0.684 million. […]

Every day this week, investors will get data on the economy.  New home sales today, then capital investment, GDP, consumer […]

Existing home sales increased 3.1% in January to a 4.000 million annual rate, narrowly beating the consensus expected 3.970 million. […]

A key economic mistake people make is thinking growth leads inflation.  One reason they do that is because inflation is […]

Housing starts declined 14.8% in January to a 1.331 million annual rate, coming in well below the consensus expected 1.460 […]

The Producer Price Index (PPI) rose 0.3% in January, coming in above the consensus expected +0.1%.  Producer prices are up […]

Industrial production declined 0.1% in January (+0.1% including revisions to prior months) versus a consensus expected gain of 0.2%.  Utilities […]

Retail sales declined 0.8% in January (-1.4% including revisions to prior months), lagging the consensus expected decline of 0.2%.  Retail […]

The Consumer Price Index (CPI) rose 0.3% in January, above the consensus expected +0.2%.  The CPI is up 3.1% from […]

Last week the Congressional Budget Office set out new projections for budget deficits and debt in the decade ahead, and […]

The trade deficit in goods and services came in at $62.2 billion in December, slightly larger than the consensus expected […]