Consumer Confidence Hit Highest Level Since 2000 Consumer Confidence hit highest level since 2000. Only in eleven individual months since 1967 have we seen confidence higher than it is today. Nine of those months were in the year 2000. The other two were in 1999. This is the thin air of high peaks... The euphoria [...]
Expect Solid Growth in US Economy into the New Year The Conference Board Leading Economic Index (LEI) for the US increased 1.2 percent in October following increases in August and September (.01 and .04 respectively). The US LEI increased sharply in October as the impact of the hurricanes dissipated,” said Ataman Ozyildirim, Director of Business [...]
Manufacturers Anticipate Robust Business Conditions During the Next Six Months The Federal Reserve Bank of Richmond released its Fifth District Survey of Manufacturing activity and reports that manufacturing activity expanded in March. Both shipments and the volume of new orders increased…Manufacturers anticipate robust business conditions during the next six months. Chicago Fed National Activity Index [...]
The Bureau of Economic Analysis (BEA) “Second Estimate” of 4th Quarter 2015 GDP Increased The Bureau of Economic Analysis (BEA) released its “second estimate” of 4th quarter 2015 GDP and reports the value of goods and services produced by the nations’ economy less the value of goods and services used up in production, adjusted for [...]
Manufacturing Output Declined The 2.0 percent drop in utilities output was broadly expected and the 0.8 percent drop in mining should also come as little surprise in the context of the steep decline in energy prices. What is more disappointing, in our view, is that manufacturing output declined, this component, which comprises roughly three quarters [...]
This is marvelous We have the former governor of Virginia, Bob McDonnell and his complicit wife, indicted by the Federal Government on corruption charges this week. Naturally, he claims innocence and accepts no responsibility. We also have Wendy Davis, state senator from Texas who lied to her constituents by embellishing her life story in order [...]
Monday September 16, 2013 another tragedy in America 12 people murdered at the Navy Yard outside Washington, DC. The shooter was killed though now it is unlikely we will learn of his twisted motivation to commit such a cowardly act on innocent people. How did he get past security? He had a couple of firearm [...]
