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Economic activity should continue advancing in the near-term according to data from the Conference Board’s Leading Economic Index (LEI).  This forward-looking indicator improved 0.4 percent in August 2017 after advancing 0.3 percent in July.  In the six months ending August 2017, the LEI advanced 2.3 percent (roughly 4.7 percent on an annualized basis), an improvement relative t

Transaction volume slowed in the existing homes market during the month of August 2017 according to the National Association of Realtors.  Declining 1.7 percent, there were 5.35 million units sold on an annualized basis, down from 5.44 million in July.  Compared to a year earlier, transactions gained just 0.2 percent, the slowest pace since August 2016.

Transaction volume slowed in the existing homes market during the month of August 2017 according to the National Association of Realtors.  Declining 1.7 percent, there were 5.35 million units sold on an annualized basis, down from 5.44 million in July.  Compared to a year earlier, transactions gained just 0.2 percent, the slowest pace since August 2016.

As Britain negotiates its exit from prior trading contracts as a member of the European Union, it has begun to forge new economic relations and reinforce others. On September 20, 2017, the island nation held a signing ceremony at the U.S. Department of State marking an $88 million commitment to participate in a particle physics experiment.

Consumers were unwilling to increase their outlays in August 2017 according to the latest data from the Census Bureau.  In fact, they spent less in the period than in July.  Including the 0.2 percent monthly decline, the year-over-year statistic decelerated to 3.2 percent from 3.5 percent at the start of the third quarter.  Adding to the dour tone of this release, July’s ta

Industrial Production is the latest economic indicator to disappoint.  American output of all physically made goods declined 0.9 percent in August 2017 according to the Federal Reserve.  This setback follows six consecutive months of increases.  The central bank estimates Hurricane Harvey had an impact on the figure, reducing the total by 0.75 percentage point. 

Prices increased for Americans in August 2017 according to the Consumer Price Index from the Bureau of Labor Statics.  Rising 0.4 percent, this latest increase follows an uptick of 0.1 percent in July.  Year-over-year, this price proxy increased 1.9 percent, accelerating from 1.7 percent a month earlier.  Core inflation which excludes food and energy increased at a more subdued p

Prices paid by producers and wholesalers rose 0.2 percent in August 2017. This most recent release followed a slight decline a month earlier and an increase of 0.1 percent in June. Versus a year ago, the Bureau of Labor Statistics’ Producer Price Index was 2.4 percent higher, accelerating from 1.9 percent in July.

We’ve all come across an individual who is good at everything.  You know, that friend who speaks several languages or excels at games of logic.  How about those folks who pick up musical instruments for the first time and instantly play a generational favorite?  Perhaps this describes you.  One thing is for sure, it does not describe me.  These unique individuals

Small business owners continued feeling ebullient in August according to the National Federation of Independent Business (NFIB).  Increasing one-tenth of a percentage point, the Small Business Optimism Index matched its highest reading in 12 years, reaching 105.3 in August 2017.  Details in the report were mixed, but the magnitude of the rate of change for rising categories was greate