Economy Watch: October Job Report Details
The unexpectedly strong employment report for October—204,000 jobs created—spotlighted various positive employment trends for the economy.
Economy Watch: Jobs Uptick in October
The delayed jobs report for October came out on Friday, with the Bureau of Labor Statistics finding that the economy created 204,000 jobs during the month, an improvement from the September, and more than the average monthly growth for the last previous 12 months of 190,000.
Economy Watch: Non-Manufacturing Sectors Expands Again
The Institute for Supply Management reported in its latest Non-Manufacturing ISM Report on Business that the U.S. non-manufacturing sector is continuing to grow.
Economy Watch: Residential Price Increase Still Strong
CoreLogic reported that home prices nationwide, including distressed sales, increased 12 percent on a year-over-year basis in September.
‘Economy Watch’ Podcast with Dees Stribling: No Tapering Yet for QE3
No tapering yet for QE3, because the Fed thinks Congress isn’t handling the economy very well.
Economy Watch: Banks Loosen Lending Standards on Business Loans
The Federal Reserve reported in its October 2013 Senior Loan Officer Opinion Survey on Bank Lending Practices that U.S. banks have eased their lending standards in some cases, while experiencing little change in the demand for some kinds of loans over the past three months.
Economy Watch: Manufacturing Sector Continues Expansion
Activity in the U.S. manufacturing sector expanded in October for the fifth month in a row, and the nation’s overall economy grew for the 53rd consecutive month, according to in the Institute for Supply Management’s latest Report On Business.
Economy Watch: Federal Deficit Shrinks in Fiscal ’13
The U.S. Department of the Treasury said that the federal government ran a $75 billion surplus during September, which was the last month of fiscal 2013.
Economy Watch: Fed Says No Taper for Its Stimulus
The Federal Open Market Committee said that it plans to continue to stimulate the United States via its continuous (monthly) bond-buying program—at $85 billion a month—and isn’t going to taper that figure just yet.
Economy Watch: Case-Shiller Reports Continued Residential Price Hikes
Standard & Poor’s released the latest Case-Shiller home price indexes on Tuesday, and as expected, they indicated rising prices in a lot of markets.