US Economic Growth Is Cooling …
We’re still several weeks away from the U.S. Department of Commerce releasing its initial (“advance”) estimate of third quarter economic growth – a.k.a. gross domestic...
GDP
Q2 Revision: 3.7 Percent Growth
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BUT WHAT’S DRIVING IT? || By FITSNEWS || Stop the presses … happy days are here again! Thanks to the magic of “double seasonal adjustment,”...
Atlanta Fed Doubles Its GDP Estimate On … Automobile Manufacturing?
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MORE “FAKE IT TILL YOU MAKE IT” DATA FROM THE GOVERNMENT || By FITSNEWS || It’s not the best of times for U.S. automakers. For...
Preliminary Estimate: Q2 Economy Grew At 2.3 Percent
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“NOT DEAD YET …” || By FITSNEWS || Like the old man in the Monty Python skit who’s “not dead yet,” the U.S. economy still...
GDP: Contraction
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IS ANOTHER RECESSION ON THE HORIZON? || By FITSNEWS || Is up down? Or is down up? Who knows anymore … Last week we wrote...
Atlanta Fed Downgrades Q2 Growth Forecast
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RECESSION, HERE WE COME! || By FITSNEWS || In what could be another mile marker on the road to the next American recession, the Atlanta...
Retail Unchanged …
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MORE ECONOMIC SLUGGISHNESS … || By FITSNEWS || America’s economy continued sucking wind in April, with retail sales remaining unchanged from the month of March....
Southern Discomfort …
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|| By FITSNEWS || Bloomberg’s Consumer Comfort Index (CCI) is at its lowest level in eight weeks … and at its lowest level all year,...
Q2 “Growth” Isn’t Looking So Hot Either
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U.S. ECONOMY LIMPING ALONG … || By FITSNEWS || The big economic news this week was obviously the thud-worthy first quarter growth estimate from the...
GDP Tumbles … Economy In Trouble
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FIRST QUARTER “GROWTH” AN ABYSMAL 0.2 PERCENT … || By FITSNEWS || The U.S. economy “grew” at an abysmal 0.2 percent rate in the first...