Weekly Economic Update: November 11-15, 2013
The U.S. Treasury posted a $91.6 billion deficit for October. The U.S. trade deficit expanded more than expected by $3.0 billion (7.7%) in September to $41.8 billion. Nonfarm business productivity increased a less than expected 1.9% in the third quarter of 2013. Industrial production fell 0.1% in Oc...
Weekly Economic Update: November 4-8, 2013
Factory orders were down 0.1% in August and up 1.7% in September. The ISM services index edged up 1 point to 55.4 in October. GDP grew at a real annual rate of 2.8% in the 3rd quarter of 2013, according to the advance estimate. Consumer credit increased $13.74 billion in September to $3.051 trillion...
Real Federal Government Consumption and Investment Is Higher than when Recession Started
Business Investment Still Hasn't Recovered
Total GDP Growth Percent, 17 Quarters Following End of Recession
Recovery Growth Gap vs. Reagan
Recovery's Growth Gap Remains Large
Weekly Economic Update: October 28 - November 1, 2013
Industrial production rose 0.6% in September. Pending home sales fell 5.6% in September to 101.6. The topline producer price index fell 0.1% in September while the core PPI rose 0.1%. The topline consumer price index rose 0.2% in September while the core CPI rose 0.1%. The Case-Shiller home price in...
Weekly Economic Update: October 21-25, 2013
Existing home sales fell 1.9% in September to an annual rate of 5.29 million units. The economy added 148,000 nonfarm payroll jobs in September while the unemployment rate edged down to 7.2%. Construction spending increased 0.6% in August. The U.S. trade deficit widened $0.2 billion (0.5%) to $38.8 ...
