Hard hitting global and local news
Hard hitting global and local news
Read the article: Investigating the GDP Deflator: Wildly Differing Results Depending on Your Choice
View article: Costco vs. Walmart and Reader Responses Over Minimum Wage
The Richmond Fed reports Manufacturing Sector Activity Remained Soft; Employment and Wages Grew Mildly Overall, manufacturing conditions remained soft in April. The composite index for manufacturing moved to a reading of -3 following last month’s reading of -8. The index for shipments and the index for new orders gained seven points in April, although both indicators finished at only -6.
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Philly Fed Positive, but New Orders Stall, Backlog of Orders Contracts, Prices Contract; Why the Optimism? As typical, there is not much to cheer about in the latest Philadelphia Fed Manufacturing Survey . The index is hovering above zero where it has been for months
Original post: Homebuilding Off to Slow Start in 2015; Starts Miss Expectations; Atlanta Fed GDP Forecast 0.1%
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Incredible Tornado Footage from Illinois, Yesterday Posted by Michael Shedlock at 6:05 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)