The Desolate Wilderness

THE DESOLATE WILDERNESS Here beginneth the chronicle of those memorable circumstances of the year 1620 as recorded by Nathaniel Morton, keeper of the records of Plymouth Colony, based on the account of William Bradford, sometime governor thereof: So they left that goodly and pleasant city of Leyden, which had been their resting place for above [...]


Small Business Index Jumped to New All-Time High

Small Business Index Jumped to New All-Time High Small business owners do not appear to have been unnerved by the recent rise in trade tensions with China or the associated sell off in the stock market. The latest quarterly Wells Fargo/Gallup Small Business Index jumped 11 points to new all-time high. Wells Fargo Today is [...]


Third Quarter GDP Increased at Annual Rate of 2%

BEA Reports Third Quarter GDP Increased According to the “third” and final estimate of third quarter GDP by the Bureau of Economic Analysis (BEA), the value of goods and services produced by the nation’s economy, less the value of goods and services used up in production, adjusted for price changes, the third quarter GDP increased [...]


Declines in Production-Related Indicators

Declines in Production-Related Indicators Slows Economic Activity Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) moved down to-0.30 in November from -0.17 in October. The index’s three month moving average (CFNAI-MA3) decreased to -0.20 in November from -0.18 in October. November’s CFNAI-MA3 suggests growth in national economic activity was somewhat [...]

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