PrimeRates Market Talk: Jobs, GDP And Gasoline
While it is tough to predict short term market movements it is often quite easy to know what the “experts” will be talking about.
Steady unemployment and continued sluggishness in the United States economy helped drive consumer confidence to its lowest level in 2012.
The GDP measures the output of goods and services within U.S. borders.
The United States Census Bureau released the report on the sale of new homes in June. The results are that June sales were weaker than expected, and the number of...
The latest release of the National Federation of Independent Businesses (NFIB) Index of Small Business Optimism shows a 0.1% decrease.
Fed Beige Book Reports Mixed Results for US Economy in June.
This morning, July 19, 2012, US Department of Labor released the initial July jobless claims data for the week ending July 14, 2012.
The Consumer Price Index represents the broadest measurement employed by the Labor Department because the gauge includes goods and services.
With gasoline purchases excluded from the data retail sales slid by 0.3 percent in June.
A big cause in the split on whether QE3 was necessary is the possibility that another financial stimulus could lead to increased inflation.
The US economy appears stuck in a holding pattern – businesses and employers are on the sideline.