Expansion Still Has Plenty of Fuel in the Tank The expansion still has plenty of fuel in the tank, according to the Monthly Economic Outlook from the Wells Fargo Economics Group. The advance 2nd qtr GDP data not only showed the economy grew solidly in the 2nd qtr but also showed that income growth has [...]
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 [...]
On Monday the Chicago Business Barometer was released and it eased to 62.6 in June from a seven month high of 65.5, but was still up sharply in the quarter and consistent with a bounceback in Q2 GDP. The Barometer was up considerably from 52.0 one year ago marking the fourteenth consecutive monthly expansion and [...]
