Some good news on the economy got an upside revision last week.
In August, economists were surprised and thrilled by the latest report on labor productivity from the U.S. Bureau of Labor Statistics. The reason for this excitement? Productivity increased more during the second quarter of 2018 than it…
With all the talk of tariffs and trade war in the news these days it’s good to keep focused on the reason for all the drama: the U.S. trade deficit.
It’s officially called the goods and services deficit by the U.S. Bureau of Economic Analysis, and…
Here’s an interesting report that breaks down economic growth (GDP growth) by industry.
Published by the Bureau of Economic Analysis, the report goes beyond the singular top-line number, to show which industries are doing well, which are doing really well, and which ones are lagging.
First, the top…
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $259.6 billion in 2017, according to the government’s Bureau of Economic Analysis. This represented a big drop from previous years.
Expenditures were down 32 percent from $379.7 billion (revised) in 2016 and were…
Consumer confidence is on an upward trend, and this a good thing for a consumer-driven economy like ours.
The Conference Board reports that its Consumer Confidence Index increased in May, following a modest decline in April (after a downward revision).
The Index now stands at 128.0 (1985=100…