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Succinct Summation of Week’s Events 5.21.21
Succinct Summations for the week ending May 21st, 2021 Positives: 1. Economic reopening and normalization is appearing all over the country. 2. Index of leading economic indicators rose 1.6% m/o/m. 3......»»
Economic Report: U.S. consumer credit surges again in March
U.S. consumer credit rose $25.8 billion in March, the second straight month of strong gains, the Federal Reserve said Friday......»»
The US Economy Is Gaining Steam
The Index of Leading Economic Indicators increased 1.3% in MarchRelated Stocks: SPY, IWM, QQQ,.....»»
Economic Report: U.S. weekly jobless claims keep falling to new post-pandemic lows
U.S. jobless claims fell to 547,000 from a revised 586,000 in the prior week, the Labor Department said Thursday. That's the second big drop. Analysts were forecasting an increase......»»
Market Snapshot: Dow, S&P 500 add to records on rosier economic outlook
Stock benchmarks climb on Monday, as U.S. investors see another round of good economic news from the services sector, adding to the array of improving economic indicators including a stellar March jobs report from last Friday......»»
Market Snapshot: Dow, S&P 500 extend gains into record territory after ISM services index hits highest since 1997
Stock benchmarks climb on Monday, as U.S. investors saw another round of good economic news from the services sector, adding to the array of improving economic indicators including a stellar March jobs report from last Friday......»»
Economic Report: U.S. manufacturing takes temporary step back in February as durable goods orders post first drop in 10 months
U.S. orders for long-lasting manufactured goods fell in February for the first time since last spring in a month pockmarked by severe weather, but the lapse in growth is likely to prove temporary as the economy regains momentum after a winter lull......»»
Metals Stocks: Gold prices lose grip on $1,700 as markets weigh hot February U.S. jobs report
Gold futures lose their hold on the $1,700 mark, with prices set to post a third straight weekly loss, as the U.S. dollar index touched its highest level in over three months and U.S. Treasury yields briefly topped 1.6% ......»»
Economic Report: Durable-goods orders post biggest gain in six months in a good sign for the economy
U.S. man.....»»
Economic Report: U.S. economy set to speed up, leading index signals
The U.S. economy is still growing and likely to speed up in the first six months of 2021, a new survey suggests......»»
U.S. leading economic indicators climb 0.6% in November
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Economic outlook as more Americans file for unemployment
Washington Post economics correspondent Heather Long joined "Red and Blue" to discuss what U.S. economic recovery may look like after more than 1 million people filed for unemployment for the 14th week straight......»»
Economic Report: Consumer prices post biggest decline since 2008 as coronavirus puts clamps on inflation
One thing anxious Americans don’t have to worry about, with the COVID-19 pandemic shutting down large slices of the economy, is inflation. Consumer prices sank 0.8% in April to mark the biggest decline since the 2008 Great Recession......»»
Economic Report: Coronavirus costs the U.S. 20.5 million jobs in April as unemployment soars to 14.7%
The coronavirus pandemic destroyed 20.5 million jobs in April, driving the unemployment rate to a post Word War Two high of 14.7% as the United States faced its biggest economic crisis in almost a century......»»
Economic Report: U.S. GDP in the first quarter is going to be bad — and the damage is far from done
The spring is shaping up to post the biggest contraction in U.S. economic growth since the Great Depression in the 1930s, but the first quarter is also likely to be pretty bad......»»
Economic Report: Chicago Fed economic index plunges, latest measure to reflect crippling effect of coronavirus on U.S. growth
A slump in factory output and a hit to employment indicators as the globe buckled under the coronavirus pushed the Chicago Federal Reserve’s monthly index tracking the national economy deep into negative territory last month.....»»
Leading Economic Indicators Show Worst Trends in 60-Year History
When the Conference Board released its Leading Economic Index on Friday, it showed the largest single monthly decline in the index's 60-year history......»»
US "Leading" Economic Indicators Crash By Most In Over 60 Years
US "Leading" Economic Indicators Crash By Most In Over 60 Years The US Conference Board's leading economic index crashed 6.7% in Ma.....»»
Bond Report: Treasury yields edge lower as jobless claims tops 5 million for third straight week
Longer-dated Treasury yields fall Thursday as jobless claims data underline the labor market’s travails in the coronavirus-driven economic slump this year......»»
Economic Report: Jobless claims might top 5 million for third straight week, push unemployment to 15%
Some 5 million Americans likely applied for jobless benefits for the third week in a row in mid-April as the coronavirus took an even bigger bite out of the U.S. economy, pushing the unemployment rate to around 15% unofficially......»»