Which Industries Are Growing the Strongest?

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…

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New Foreign Direct Investment in the U.S. Declined Last Year

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…

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Confidence Index Rose Further in May

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…

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Global Economic Confidence Now at Highest Level Since 2009

Here’s some good news: global economic confidence has rebounded strongly and now stands at its highest level since 2009.

This according to the latest Global Economic Conditions Survey (GECS) from ACCA (the Association of Chartered Certified Accountants) and IMA (Institute of Management Accountants).

There has been strong growth in…

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Service Sector Growth Slows a Bit

Economic activity in the non-manufacturing (service) sector grew in March for the 98th consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business. However, growth in the sector has slowed a bit.

The NMI registered 58.8 percent, which is…

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