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December 22, 2016 - Industry News

Economic Watch: Overall Growth Revised Higher, Business Investment Up

The economy expanded more than previously estimated in the third quarter, and separate reports offered up some relatively positive economic news just in time for the holidays.

Tags: Economy, GDP, Durable Goods, Home Sales, Leading Economic Indicators, Personal Income, Gross Domestic Product

November 29, 2016 - Industry News

Economic Watch: GDP Posts Biggest Jump in 2 Years, Consumer Confidence Soars

Overall U.S. economic growth increased more in the third quarter of the year than first projected, according to a new Commerce Department report, and will likely pave the way for an interest rate hike in December.

Tags: Economy, GDP, Consumer Confidence, Consumer Sentiment, Gross Domestic Product

October 28, 2016 - Industry News

Economic Watch: GDP Growth Roars Back, Hits 'Turning Point'

Growth in the U.S. economy accelerated in the third quarter of the year, posting its biggest gain in two years, according to Commerce Department numbers released Friday morning. However, a separate report shows consumer confidence slipped.

Tags: Economy, Interest Rates, GDP, Consumer Sentiment, Gross Domestic Product

October 19, 2016 - Industry News

Economic Watch: Consumer Prices Jump, May Push Interest Rates Higher

While the strength of nation’s homebuilding market has eased just a bit, it remains robust. Meanwhile, a measure of consumer prices show it’s approaching a level the Federal Reserve has said it needs to hit in order to raise interest rates.

Tags: Economy, Interest Rates, GDP, Home Starts, Consumer Prices, Federal Reserve, Home Building, Gross Domestic Product

August 24, 2016 - Industry News

Economic Watch: Manufacturing Declines, GDP Expectations Lowered

A preliminary look at the nation’s manufacturing sector shows it continues to expand following a recent downturn. Separate reports show expectations of long-term economic growth have been moved lower and the housing market is suffering from low inventory levels.

Tags: Economy, GDP, Manufacturing, Home Sales, Gross Domestic Product

August 5, 2016 - Industry News

Economic Watch: Unemployment Falls, Trade Deficit Jumps

Both trucking and the wider economy added jobs in July, according to new Commerce Department figures, while separate reports show the U.S. trade deficit grew in June to a one-year high and new factory orders fell again.

Tags: Economy, GDP, Unemployment, Factory Orders, Employment, Factory Shipments, Gross Domestic Product

July 29, 2016 - Industry News

Economic Watch: New GDP Reading Disappoints, Consumer Sentiment Falls

Hopes that the American economy picked up a good head of steam in the second quarter of the year were quickly dashed on Friday following numbers being issued by the U.S. Commerce Department.

Tags: Economy, GDP, Consumer Sentiment, Gross Domestic Product

May 27, 2016 - Industry News

Economic Watch: GDP Growth Improves, Still Weak; Consumers Happy

Despite the nation’s gross domestic product in the first quarter of the year moving higher than first thought, growth remains at its lowest level since the first quarter of 2015, according to a Commerce Department report released Friday. Yet a separate survey shows this has yet to damper consumers’ feelings.

Tags: Economy, GDP, Consumer Sentiment, Gross Domestic Product

April 28, 2016 - Industry News

Economic Watch: GDP Stalls in First Quarter

Feelings that the American economy slowed to a crawl in the first quarter of the year were confirmed on Thursday morning when the Commerce Department released its report showing the gross domestic product increased at an annual rate of just 0.5%.

Tags: Economy, GDP, Gross Domestic Product

March 25, 2016 - Industry News

Economic Watch: GDP Growth Revised Upward, Durable Goods Fall Again

Growth in the overall American economy in the final quarter of last year improved by double the government's initial estimate, according to a U.S. Commerce Department report released Friday. A separate reports shows the country’s manufacturing sector is still sluggish but housing continues to do well.

Tags: Economy, GDP, Durable Goods, Manufacturing, Home Sales, Gross Domestic Product

February 26, 2016 - Industry News

Economic Watch: GDP Improves; Capital Spending, Consumers Rebound

Following a raft of disappointing economic news, there are new encouraging signs about the health of the American economic, with improvements in some of the most closely watched measures – including the beleaguered manufacturing sector.

Tags: Economy, GDP, Durable Goods, Home Sales, Consumer Sentiment, Personal Income, Personal Spending, Gross Domestic Product

January 29, 2016 - Industry News

Economic Watch: GDP Growth Slows, Consumers Still Optimistic

Overall U.S. economic activity eased back on the gas considerably in the final quarter of last year while it expanded in 2015 at the same pace as the year before.

Tags: Economy, GDP, Consumer Confidence, Consumer Sentiment, Gross Domestic Product

December 22, 2015 - Industry News

Economic Watch: GDP Stable, Existing Home Sales Drop

The latest measure of strength in the overall U.S. economy shows it maintained its momentum in the third quarter of the year. A separate report shows a big decline in existing home sales for the second straight month.

Tags: Economy, GDP, Home Sales, Gross Domestic Product

November 24, 2015 - Industry News

Economic Watch: Overall Conditions Improve, Manufacturing Eases

Third-quarter GDP numbers fuel talk that the Federal Reserve will raise interest rates next month for the first time in many years – despite a disappointing report on manufacturing.

Tags: Economy, GDP, Manufacturing, Gross Domestic Product

September 25, 2015 - Industry News

Economic Watch: GDP Revised Upward, Consumer Sentiment Declines

The U.S. economy performed better in the second quarter of the year than earlier thought, according to a new Commerce Department report Friday, leaving some wondering if this puts the Federal Reserve closer to raising interest rates.

Tags: Economy, GDP, Consumer Confidence, Federal Reserve, Gross Domestic Product

August 27, 2015 - Industry News

Economic Watch: Growth Accelerates in Second Quarter

The U.S. economy grew by leaps and bounds in the second quarter of the year compared to the first quarter, according to a new government estimate released Thursday, which should ease investors fears in the wake of a global stock market sell-off.

Tags: Economy, GDP, Gross Domestic Product

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