Dees Stribling
Economy Watch: No Surprises From the Fed
As expected, the Federal Open Market Committee decided to keep interest rates as is, citing several economic factors that influenced its decision.
Economy Watch: Retail Sales Up in May
More consumers were out spending last month, with most retail categories seeing sales gains.
Economy Watch: Consumers A Little Less Optimistic
With several recent metrics pointing to sluggishness in the U.S. economy, it shouldn’t come as a surprise that U.S. consumers are a little more weary about the future.
Economy Watch: Service Sector Revenues Off in Q1
The Census Bureau’s estimated first-quarter revenue totals showed an overall drop or minimal growth in most service sectors.
Economy Watch: No Hint of Rate Hike Later This Month
Fed Chair Janet Yellen first speech since May’s sluggish job report had an optimistic tone, but showed no indication of a rate hike in June.
Economy Watch: Construction Growth Forges On
Despite stalled job creation in May, the construction industry is still growing in most major metro areas.
Economy Watch: Job Creation Stalls in May
While the unemployment rate dropped in May, job creation was minimal for the month.
Economy Watch: Beige Book Reports Expanding Construction, Real Estate Activity
The latest Beige Book had an overall positive outlook as residential and commercial construction increased in most districts.
Economy Watch: Personal Income, Spending Spike in April
Consumer spending increased in April, which is a good thing for the retail sector if it keeps up.
Economy Watch: GDP Growth Revised Upward
Despite meager GDP growth, consumers became more optimistic about their financial prospects in May.