Topic: Business Conditions

March Business Conditions Monthly

– March 9, 2017

The U.S. economy continues to expand at a solid pace. The AIER Business-Cycle Conditions indexes all posted results well above the neutral 50 level in the latest month, February. Our Leaders registered 75 for the third consecutive month (Chart 1). Amon …

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Jobs Friday Surprise Could Seal the Deal for Fed Rate Hike

– March 8, 2017

ADP, a global provider of cloud-based Human Capital Management (HCM) solutions and widely known for its payroll processing services, released its estimate for February private, nonfarm payroll jobs. The report is issued two days before the national emp …

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Economic Data are Mixed as Fed Members Talk Up a Rate Hike

– March 3, 2017

  A large amount of economic data released over the past two days show that the U.S. economy continues to gain momentum, but the overall pace remains moderate. The current expansion is now the third longest in U.S. history, though the average pace …

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Capital Spending Prospects Remain Favorable

– February 27, 2017

  New orders for durable goods jumped 1.8 percent in January following revised monthly declines of 0.8 percent and 4.7 percent in the prior two months. The gain is January was largely a result of enormous increases in both defense and nondefense a …

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Home Prices Heading Higher

– February 22, 2017

  Sales of existing homes rose 3.3 percent to a seasonally adjusted annual rate of 5.69 million sales in January. There were gains in three of the four regions in the country: Sales in the Northeast rose 5.3 percent, the South increased 3.6 percen …

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Economy Gaining Speed, Rate Hikes Coming

– February 15, 2017

The U.S. consumer continues to drive the economy. The latest data from the U.S. Commerce Department show retail sales rose 0.4 in January percent following a 1 percent jump in December. Combined with other recent data on the economy such as job creatio …

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February Business Conditions Monthly

– February 13, 2017

The U.S. economy performed solidly in 2016, according to the latest data from the Bureau of Economic Analysis. Our index of Primary Leading Indicators also remained well into expansionary territory in the latest month, suggesting a low risk of recession in the months ahead. With the Federal Reserve’s slow approach to a tightening monetary policy, the greatest risk is that we don’t know what to expect from Trump administration policies.

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ISM Survey Data Suggest Better Economic Conditions

– February 7, 2017

The Institute for Supply Management surveys its members monthly regarding business activity at their respective companies. These surveys are very timely readings on levels of current activity across a broad range of industries.  The surveys are co …

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Jobs Day Surprise…And Disappointment

– February 3, 2017

The Bureau of Labor Statistics released a January employment report this morning that has both surprises and disappointments. On the positive side, job creation was stronger than expected, showing a net gain of 227,000 jobs. Even better, the private se …

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Good News for the Manufacturing Sector

– February 1, 2017

  During an 18-month campaign, primary, and election process, newly-elected President Donald Trump focused heavily on the manufacturing sector in the U.S. Today, the Institute for Supply Management (ISM) and ADP, the payroll and human resources se …

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January Business Conditions Monthly

– January 12, 2017

The outlook for the U.S. economy continues to improve. Our index of Primary Leading Indicators rose again in the latest month, the labor market continues to show strength, financial conditions remain favorable, and business and consumer confidence are broadly upbeat.

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Labor Market Indicators Remain Upbeat

– January 10, 2017

Newly updated indicators for the labor market suggest a positive outlook for the economy. The Job Openings and Labor Turnover Survey for November shows the number of open positions in the private sector rose by 21,000 to 4.97 million. Adding in a 48,000 increase in the number of open government jobs, and the total number of open positions in the economy stands at 5.52 million, the 11th month above 5.5 million in the past 20 months.

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