Economic growth, as expressed in real gross domestic product (GDP), decreased in all 50 states and the District of Columbia in the second quarter of 2020, as real GDP for the nation decreased at an annual rate of 31.4 percent, according to statistics released by the U.S. Bureau…
Real average hourly earnings for all employees decreased 0.4 percent from June to July, seasonally adjusted, the U.S. Bureau of Labor Statistics reports.
This result stems from an increase of 0.2 percent in average hourly earnings being more than offset by an increase of 0.6 percent…
Company credit report supplier Creditsafe recently reported that many Fortune 500 companies are delaying payments to suppliers – a phenomenon that could help make it harder for the economy to emerge from recession. However, there is one bright point: grocery chains have sped up payments to suppliers.
As Creditsafe puts it…
Many investors can’t stomach minor dips in the stock market, according to the latest survey by MagnifyMoney, a LendingTree company, and as evident in the market drops driven by coronavirus fears.
The report revealed 19% of investors said they would
tolerate no more than a 5% market decline…
A key measure of consumer price inflation rose 0.1 percent in January on a seasonally adjusted basis, after rising 0.2 percent in December, the U.S. Bureau of Labor Statistics reports.
Over the last 12 months, this measure, (The Consumer Price
Index for All Urban Consumers) increased 2…