Real GDP grew at a 2.9 percent pace in the fourth quarter as domestic demand surged. Most of the major components of GDP made positive contributions, and core consumer prices rose at a modest pace, however, corporate profits did show a decline.
READ MOREThe Consumer Confidence Survey from The Conference Board shows consumer attitudes pulled back slightly in March but remain at historically favorable levels overall, suggesting support for ongoing economic expansion.
READ MORENew orders for durable goods rose 3.1 percent in February to $247.7 billion. Over the past 12 months, total durable-goods orders are up 8.9 percent, and since hitting a recent low of $211.5 billion in June 2016, the gain is 17.1 percent.
READ MOREAIER’s Business Cycle Conditions Leading Indicators index rose to a reading of 92 in February returning the index to the three-year high recorded for November and December. The Roughly Coincident Indicators index held at 92 for a second month, while th …
READ MOREAIER’s Business Cycle Conditions Leading Indicators index fell to a reading of 88 in January, slightly below the three-year high of 92 recorded for November and December. The Roughly Coincident Indicators index pulled back to 92 after two months at 100 …
READ MOREAIER’s Business Cycle Conditions Leading Indicators index held at 92 in December, matching the highest level since 2014 and the best multi-month performance since a run of four readings of 100 between October 2013 and January 2014. The Roughly Coincide …
READ MOREAIER’s Business Cycle Conditions Leading Indicators index jumped to 92 in November from a reading of 79 in the prior month. The Roughly Coincident Indicators index rebounded to a perfect 100 after seven consecutive months at 100 were followed by a 92 i …
READ MORERecent indicators for the labor market from ADP, Challenger, Gray, and Christmas, and state unemployment insurance programs remain quite strong, suggesting continuing gains in jobs in the U.S. economy.
READ MOREAuto sales eased back to 17.5 million in November, the second monthly slowing following a hurricane-related surge to 18.6 million in September. Despite the slowing over the latest two months, auto sales remain at a high level by historical comparison.
READ MOREAIER’s Business Cycle Conditions Leading Indicators Index increased to 79 in October from a reading of 75 in the prior month. The Roughly Coincident Indicators Index fell to 92 following seven consecutive months at 100 while the Lagging Indicators Inde …
READ MOREThe advance estimate for third quarter real gross domestic product (GDP) shows 3.0 growth, but that headline number masks a notable slowdown in private domestic demand.
READ MOREThe Chicago Fed National Activity Index composite of 85 economic data series suggests growth accelerated in September.
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