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Read the original: Income Up 0.4%, Spending Flat (Lower Than Any Economist’s Estimate); Rent, Dividend, Obamacare Analysis
It appears the eurozone is one step closer to an "accident" today.
Librarians: 64% College Professors: 3.2% I disagree with some of those.
Read More: Who’s Driving the Rohingya into the Sea?
First Quarter GDP -0.7%; GDPNow Second Quarter Forecast +0.8%; Economists Get Zero Accolades; Smoothed Recession Odds First quarter GDP came in at -0.7% pretty much in line with the Bloomberg Consensus estimate of -0.8%. First-quarter GDP was revised down about as expected, to minus 0.7 percent vs expectations for minus 0.8 and compared with an initial reading of plus 0.2 percent. Updated source data made for a bigger negative contribution from net exports as imports spiked 5.6 percent from an initial gain of 1.8 percent.
Read this article: Five Chicago Suburbs Headed for Bankruptcy (More Illinois Cities Will Follow)
See the article here: Chicago PMI Unexpectedly Crashes: New Orders, Production and Employment Down by More Than 10%
See original article: Introducing the Zero Labor Factory (90% Free Actually); Robots at Chili’s, Applebees, Panera