Research Center
Economy Watch: Sandy Put Dent in Incomes, Spending
U.S. personal income, which had been edging upward in recent months, stayed essentially flat in October, according to the Bureau of Economic Analysis.
‘Economy Watch’ Podcast with Dees Stribling: Mostly Good News—If You Ignore the Fiscal Cliff
Mostly good news, if you ignore the fiscal cliff—and there’s no real news about that yet anyway.
Economy Watch: GDP Expands More Than Thought
The Bureau of Economic Analysis revised its estimate of real U.S. GDP to an annualized 2.7 percent in the third quarter, compared with the initial estimate of 2 percent.
Economy Watch: Fed Says Growth at “Measured Pace”
The Federal Reserve released the latest Beige Book and for the moment, the central bank isn’t characterizing the U.S. economic as experiencing “moderate” or “modest” growth.
Economy Watch: Home Prices Continue Upward
According to the latest S&P Case-Shiller Home Price Indexes residential property prices are still on the rise.
Economy Watch: Greece, Sandy to Cost Many Billions
At the conclusion of the latest round of marathon meetings in Brussels, euro-zone finance ministers optimistically asserted that they’ve hit on a formula for putting the Greek economy on a more sound footing.
Economy Watch: Black Friday Sales Up; Most States See Unemployment Drop
According to the National Federation of Retailers, U.S. shoppers made a record 247 million visits to physical stores and websites over Black Friday weekend, up from 226 million last year (the number of unique shoppers making those visits was 139.4 million adults).
‘Economy Watch’ Podcast with Dees Stribling: Fiscal Cliff
Who’s afraid of the fiscal cliff?
Economy Watch: Existing Home Sales See Healthy Increase
Existing U.S. home sales were up to an annualized rate of 4.79 million units in October, according to the National Association of Realtors.
Economy Watch: Industrial Production Dips Due to Sandy
Even if temporary, the storm has had an outsized impact on certain aspects of the entire economy, because it hit such a densely populated and economically active part of the Eastern Seaboard. Without the storm, industrial production would have increased for the month.