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Tag Archives: Economy of the United States

US Economy: A recovery not stalled, A Europe still suffering for longer

IMF’s reduction of estimates for US growth dropped US 2012 estimates as well as those for 2013 to 2% ¬†and 2.25% as did all the nine regional Feds when they … Continue reading

July 3, 2012

The Thursday Fed Update: Non revolving credit up, Canada and China step up to the plate

The Afternoon’s Consumer credit report from the Fed (G.19) had a double cause to cheer as Non revolving credit grew 7% on April 2011 to take the Consumer credit above … Continue reading

June 7, 2012

US Economy (EoD Review): The week ahead April 16 – April 23, 2012

Things could not have started better for the US Economy than with the Bank Earning Season’s opening day laurels going to neither of the winners but to the comeback of … Continue reading

April 13, 2012

US Economy (EoD Review): Yield Curve steepening at the short(wrong) end

Goldman Sachs took its turn to mute down expectations for Q2, betting on a lower GDP growth rate of 2% (zerohedge) but confirmed a Jobs accretion of 150k per month … Continue reading

April 11, 2012

US Economy (Friday Blanks): Personal Income data worries are back, Chicago PMI

Personal income data rang a few alarms despite a positive disposition, that is spending for the year is up 4.1% with income only up 3.2% and that should worry anyone … Continue reading

March 30, 2012

US Economy: Jobless claims start the Thursday rush order for data

The ISM Manufacturing Index of course would be key to watch esp as the GDP growth of 3% did not mean much in Q4 and strong ISM was the beginning … Continue reading

March 1, 2012

US Economy: NO, its not the Economy..

Well the trade deficit of $48.8 bln and the Greek relapse may be blamed by a few but the Dow futures are down today because the strength expected in the … Continue reading

February 10, 2012 · 2 Comments

US Economy: Apparently it’s Spring already!

While the 3 month and 6 month auctions went by with a 4.5 x coverage and slightly higher coupons ( which would have been welcome at the Fed ) the … Continue reading

February 7, 2012 · 3 Comments

US Economy: A Services thrust is in the making

The ISM Services consensus was somehow muted at 53.6 and the numbers that came out hinted at a reading of the previous data again and again. The employment data is … Continue reading

February 3, 2012 · 1 Comment

US Economy: ISM Manufacturing PMI at 54.1

Production sub index jumped to a 59.9 in the December report and understandably got a subdued 55.7 in today’s report. With Seasonally adjusted 53.1 for ISM in December 2011, the … Continue reading

February 1, 2012 · 2 Comments