• Gasoline prices exhibit seasonal strength. • Crude oil prices continue to rise as production is curtailed. • Natural gas prices fall further due to oversupply. As more people took to the road with the spring weather, the price for a [...]
Global| Jun 09 2020U.S. Gasoline & Crude Oil Prices Continue to Strengthen
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 09 2020
U.S. Small Businesses Optimism Rebounds in May
• NFIB Small Business Optimism Index rebounded to 94.4 in May from a seven-year low in April. • Eight out of ten components rose in May. • Respondents are optimistic about future business conditions and expect the recession to be [...]
by:Sandy Batten
|in:Economy in Brief
The National Association for Business Economics expects 3.6% growth in real GDP during 2021. This follows a record recession in 2020, when GDP is expected to contract 5.9%. Quarterly growth is expected to average 4.8% next year after [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 08 2020
Response to: BLS Failed Its Mandate: "Fearless Publication of the Facts"
In his Viewpoint commentary, Joseph Carson said the Bureau of Labor Statistics (BLS) "failed to live up to its mandate as it published two employment reports for April and May filled with distorted and corrupt data". He notes that [...]
- Global| Jun 08 2020
Response to: BLS Failed Its Mandate: "Fearless Publication of the Facts"
In his Viewpoint commentary, Joseph Carson said the Bureau of Labor Statistics (BLS) "failed to live up to its mandate as it published two employment reports for April and May filled with distorted and corrupt data". He notes that [...]
The National Association for Business Economics expects 3.6% growth in real GDP during 2021. This follows a record recession this year, with GDP expected to contract 5.9%. The National Bureau of Economic Research has specified [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 08 2020
German Industrial Production Follows New Orders Lower; Records One-Month Drop in IP at -17.9%
The German industrial data are very consistent. All measures are showing extreme weakness in April. April data have been among the most consistently weak in Western economics. In April output in the capital goods sector is the weakest [...]
The National Association for Business Economics expects 3.6% growth in real GDP during 2021. This follows a record recession this year, with GDP expected to contract 5.9%. The National Bureau of Economic Research has specified [...]
by:Tom Moeller
|in:Economy in Brief
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