Economy/Ecommerce
Economy Watch: Job Growth Moderates in August
The U.S. economy created 142,000 jobs in August, according to the Bureau of Labor Statistics, down somewhat from the stronger gains of the last 12 months, which have averaged 212,000 per month.
Economy Watch: Economy Still Growing, But Not Gangbusters
The Federal Reserve released the latest “Summary of Commentary on Current Economic Conditions by Federal Reserve District,” better known as the Beige Book. According to the report, economic activity has expanded in all the 12 Federal Reserve districts since the previous book, but “none of the Districts pointed to a distinct shift in the overall pace of growth.”
Economy Watch: More Evidence That Home Prices Rising More Slowly
CoreLogic reported that home prices, including distressed sales, increased 7.4 percent in July 2014 compared with the same month a year earlier.
‘Economy Watch’ Podcast with Dees Stribling: Housing Appreciation Slows Down
Housing appreciation slows down, and fewer homeowners are under water.
Economy Watch: Personal Income Edges Up, Spending Dips
Personal income nationwide increased $28.6 billion, or 0.2 percent in July compared with June, according to the Bureau of Economic Analysis.
Economy Watch: U.S. GDP Expands at 4.2 Percent Rate in Second Quarter
The Bureau of Economic Analysis reported its revised, or “second,” estimate for Q2 2014 real U.S. gross domestic product growth, finding that GDP expanded at an annualized rate of 4.2 percent.
Economy Watch: Federal Deficit Continues to Shrink
The Congressional Budget Office estimated that the federal budget deficit for the fiscal year of 2014 (which ends Sept. 30) will amount to $506 billion, or about $170 billion lower than the shortfall in 2013.
Economy Watch: Home Prices Continue Their Deceleration
The latest S&P/Case-Shiller Home Price Indices, which were released on Tuesday by S&P Dow Jones Indices, show a sustained slowdown in U.S. home price increases.
‘Economy Watch’ Podcast with Dees Stribling: Fairly Good Housing News
Fairly good housing news during the Dog Days of summer.
Economy Watch: New Home Sales Drop in July
Sales of new single-family houses in July 2014 were at an annualized rate of 412,000 units, according to the Census Bureau and HUD.