In Hoc Anno Domini In this year of the Lord When Saul of Tarsus set out on his journey to Damascus the whole of the known world lay in bondage. There was one state, and it was Rome. There was one master for it all, and he was Tiberius Caesar. Everywhere there was civil order, [...]
The Dow Industrials surged 421 points on Thursday ... its biggest gain since December 2011, bolstered by reassurances from the Federal Reserve that it remains in no rush to raise interest rates. The Empire State Manufacturing Survey for December ... indicates that business activity for New York manufacturers declined in December. The headline general business [...]
Strongest Year of Job Creation in 15 Years Recording its strongest year of job creation in 15 years, US payrolls grew by 321,000 in November as the jobless rate remained unchanged at 5.8 percent. The job gains continued a stretch of robust payroll gains to keep the economy on track. That would be very good [...]
The Institute for Supply Management | Report On Business for November Issued on Monday this week: economic activity in the manufacturing sector expanded for the eighteenth month in November and the overall economy grew for the 66th consecutive month say the nations supply executives. The report was issued by Bradley J. Holcomb, CPSM, CPSD, chair [...]
Estimated Third Quarter GDP Increased 3.9% According to the Bureau of Economic Analysis, real gross domestic product-the value of the production of goods and services in the United States, adjusted for price changes, increased at an annual rate of 3.9 percent in the third quarter of 2014, according to the “second” estimate. In the second [...]
The Conference Board Leading Economic Index (LEI) The LEI for the United States increased 0.9 percent in October following a 0.7 percent increase in September. The LEI rose sharply in October with all components gaining over the previous six months, despite negative contribution from stock prices in October and minimal contributions from new orders for [...]
Gratitude and Respect The 239th birthday of the United States Marine Corp was on Monday, November 10. Semper Fi… Veterans Day was celebrated on Tuesday November 11. God bless all who are serving now and those who have served before them. The sacrifices our men and women volunteer to make in order to preserve our [...]
The Chicago Business Barometer rose 5.7 points to a one year high of 66.2 in October Fueled by a double digit gain in new orders, the bounce back of the barometer marks a solid start to the fourth quarter and suggests that against a backdrop of concerns about weakening growth in Europe and China, the [...]
Happy Halloween Ghouls and Goblins…. 10/30/2014 from the Bureau of Economic Analysis (BEA): The FIRST of 3 estimates on third quarter GDP growth was issued today- the value of the production of goods and services in the United States-adjusted for price changes-increased at an annual rate of 3.5 percent in the third quarter of 2014, [...]
US raw steel production rose 1.0 percent last week ... as mills operated at an Average Capability Utilization Rate (ACUR) of 75.7 percent. In the corresponding week last year mills operated at an ACUR of 76.5 percent. For the year mills have operated at an ACUR of 77.1 percent up 0.5 percent from the same [...]
