US Economy Recovered Significantly in Q3

US Economy Recovered Significantly in Q3 The US economy recovered significantly Q3 quarter as Gross Domestic Product (GDP) increased 7.4% over the quarter, an annual rate of 33.1%, recovering about two-thirds of the ground lost as the pandemic took control. Consumer Confidence fell by less than half a point in October Durable goods order in [...]

2020-11-09T14:14:59-05:00A View|

US Economy Expansion in Q4

US Economy Expansion in Q4 Expected US economy expansion in Q4 is expected, but at a slower rate. The Conference Board released its September 2020 Leading Economic Index (LEI) and reports the index increased by .07 percentage point, following increases in August and July, driven primarily by declining unemployment claims and rising housing permits. NAHB [...]

2020-10-27T12:28:23-04:00A View|

Re-Openings Inspiring Confidence

Re-Openings Inspiring Confidence Re-openings inspiring confidence is reflected in the National Federation of Independent Business (NFIB) Small Business Optimism index, which rose 3.8 points in September. Overall confidence and hiring appear to be benefitting from re-openings finally getting underway in some of the nation's largest states. Consumer sentiment continued to improve in October, in the [...]

2020-10-27T12:00:17-04:00A View|

Cleveland-Cliffs Acquires ArcelorMittal USA

Cleveland-Cliffs Acquires ArcelorMittal USA Cleveland-Cliffs acquires ArcelorMittal USA in a substantial agreement to obtain all its operations and subsidiaries. Economic Expectations Continue to Improve Consumer confidence rose in September by the most in more than 17 years as economic expectations continue to improve. Texas Manufacturing Expands for Fourth Consecutive Month The Federal Reserve Bank of [...]

2020-10-06T14:43:10-04:00A View|
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