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, [...]
On Friday the government released its third and final estimate of GDP for the 2nd quarter of 2014. It showed GDP in the April, May, June quarter increased at an annual rate of 4.6%. That’s pretty solid growth. This is not the best way to start the week economically: Led by declines in production-related indicators, [...]
On 2/21 the Conference Board Index of Leading Economic Indicators (LEI) was reported to have risen 0.2 percent in January, to 94.1 (2004 = 100), following a 0.5 percent increase in December and no change in November. Says Ataman Ozyildirim, an economist at the Conference Board, “The US LEI rose again in January pointing to [...]