3Q 2016 Economic Growth Estimate Slashed
THE “RECOVERY” ROLLS ON … The Atlanta Federal Reserve has slashed its “Nowcast” growth estimate for the third quarter all the way down to 1.9 percent...
U.S. economy
Balls! Consumer Comfort Tanks …
by FITSNews
MEASURE HITS 2016 LOW … This week we were really going to try and focus on some good news for a change. We were going to do...
About Those “Soaring” Income Levels
by FITSNews
MORE “RIGGED” RECOVERY … Some days we grow weary of our “contrarian” role in the marketplace of ideas. Seriously … it would be nice to...
Consumer Economy Still Struggling
by FITSNews
KEY ECONOMIC INDICATOR DEMONSTRATING “REMARKABLE INSTABILITY” Despite this week’s news that U.S. incomes rose last year for the first time since 2007, American consumers continue...
American Incomes: Everything Is Awesome!
by FITSNews
RIGHT? Median household income in the United States climbed by an unexpectedly large 5.2 percent in 2015, according to data released this week by the...
US Employment Estimates Lowered
by FITSNews
GOVERNMENT KILLS 150,000 JOBS … With the stroke of a pen, the U.S. Department of Labor (DOL) killed 150,000 jobs this week. Ouch, right? According...
Consumer Comfort: Disappointing U-Turn
by FITSNews
TWO-WEEK RALLY IS OVER … After matching its post-recessionary peak last week, consumer comfort in America has experienced an abrupt reversal. Bloomberg’s Consumer Comfort Index...
Robert Romano: Will Stalled Economy Stop Hillary Clinton?
by Letters
OR WILL BARACK OBAMA’S ABYSMAL ECONOMIC LEGACY ENDURE? || By ROBERT ROMANO || “The truth is, those looking overseas for growth opportunities are the smart...
2016 Second Quarter Growth: Still Stuck
by FITSNews
U.S. ECONOMY SPUTTERING ALONG … The American economy grew at an annualized rate of just 1.1 percent during the second quarter of 2016, according to...
Consumer Comfort Spike!
by FITSNews
GOOD ECONOMIC NEWS … FOR A CHANGE Some good economic news this week as consumer comfort in America enjoyed its biggest two-week uptick in more...