Bernanke on Manufacturing; Good News on Retail Sales
Ben Bernanke, chairman of the Federal Reserve, testified today before the Joint Economic Committee of Congress. In his prepared statement, he talked about the U.S. manufacturing economy: On balance,...
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Weekly Economic Report – March 5
Two narratives dominated last week’s economic discussion. First, as the Beige Book from the Federal Reserve Board stated, the economy “continued to increase at a modest to moderate pace in January and...
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Monday Economic Report – July 15, 2013
Here is a summary of this week’s Monday Economic Report: Federal Reserve Chairman Ben Bernanke made news last week in a speech before the National Bureau of Economic Research. He said that monetary...
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Monday Economic Report – July 22, 2013
Here is the summary for this week’s Monday Economic Report: The manufacturing sector received a bit of good news last week with new data suggesting that the sector has improved in June and July from...
View ArticleLower Gasoline Costs Push Consumer Prices Down in October
The Bureau of Labor Statistics said that consumer prices declined 0.1 percent in October, the first decrease in six months. The decrease was almost entirely attributable to lower gasoline prices, which...
View ArticleFed Minutes: Highly Accommodative Policies to Continue, Tapering Could Start...
The Federal Reserve released the minutes to the October 29-30 Federal Open Market Committee (FOMC) meeting, providing an inside look at the internal deliberations. As noted earlier, the FOMC made no...
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Monday Economic Report – November 25, 2013
Here is the summary of this week’s Monday Economic Report: The latest forecast from the Organisation for Economic Co-operation and Development (OECD) calls for continuing improvements in markets around...
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