Overall durable goods orders are expected to show a slight decrease in March confirming a slow economic recovery ever since the beginning of the quarter. […]
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Home Prices Expected to Fall More Slowly in February
Home prices are expected to drop at a slower rate for the second month in a row, a sign of a new, if faint, stabilization […]
Existing Home Sales for March Expected to Rise
A surprisingly warm weather, low mortgage rates and an overall positive economic outlook will likely drive the US existing home sales up for March. The […]
Excluding Autos, Retail Sales Still Going Strong
A sharp drop in auto sales will likely drag down the overall increase in retail sales, but other sectors are likely to show strong gains. […]
As More Shoppers Go Online, Retailers Close Stores, Open Warehouses
Best Buy, a consumer electronics retailer, will close 50 stores this year. Sears, best known for selling appliances, tires and tools, also plans to close […]
Europe’s failing economy: a one-two punch for U.S. exports
The global consequences of weak demand in Europe will likely drive up the U.S. trade deficit for February and in the coming months. In January, […]
Job Numbers Up, but Disappointing
The economy seems to be losing momentum as job growth slows dramatically at the end of the first quarter. The addition of 120,000 private sector […]
Chrysler and Co. Pump Out Another Strong Month for Autos
Smaller, fuel-efficient cars powered total vehicle sales in March, bolstering the resurgent American economy and accelerating the auto industry. Chrysler sold more than 163,000 vehicles […]
Jobless Claims Down Again. Does it Matter?
Initial jobless claims on the whole are declining, making a slight decrease in tomorrow’s report highly probable but also rather negligible. Based on the last […]
Pent-Up Demand Ramps Up Factory Activity
By Ken Christensen In response to improvements in overall job growth and consumer spending, factories continued to recover last month from their severe hit during […]