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Richmond Fed Manufacturing Soars Into Expansion At +14 27 Aug 2013 | 07:12 pm
The manufacturing activity index from the Richmond Fed’s regional manufacturing survey was a reading of +14 in August. This is a significant increase from the -11 reading in July, and moves the index ...
Consumer Confidence Ticks Up To 81.5 27 Aug 2013 | 07:06 pm
U.S. consumer confidence was a reading of 81.5 in August, the Conference Board reports. this is a small increase from the prior month’s revised reading of 81.0. The present situation index declined t...
Case-Shiller House Prices Up 12.1% Y/Y In June 27 Aug 2013 | 06:37 pm
The Case-Shiller 20 city house price index increased 2.2% in June, the S&P reports this morning. That increase follows a 2.5% increase in May, and brings the year over year gains to 12.1%. The compos...
Store Sales Stay Mostly Flat 27 Aug 2013 | 05:59 pm
Store sales were little changed last week, suggesting small but consistent growth in retail sales. The ICSC-Goldman store sales index is up 2.3% year over year (4 week MA) from up 2.4% Y/Y last week....
A Long Commute Leads To A Lack Of Political Interest 26 Aug 2013 | 11:30 pm
A new study finds that people with longer commutes have less interest and participation in politics. This holds true only for the commuting time though and is not correlated with the entire workday le...
Dallas Fed Manufacturing Expands Slightly To +5.0 26 Aug 2013 | 07:37 pm
The general business activity index of the Dallas Fed’s monthly manufacturing survey was a reading of +5.0 in August. This is an increase from July’s reading of +4.4, and indicates economic expansion ...
New Orders For Durable Goods Fall 7.3% 26 Aug 2013 | 05:44 pm
New orders for manufactured durable goods in July were $226.6 billion, a 7.3% decrease from June’s $244.4 billion. This decrease follows three consecutive monthly increases. Durable goods orders are ...
The Chinese Are Getting The Most Sleep At Night 26 Aug 2013 | 01:58 am
Studies have shown that most people probably work harder than they need to, which is one of several factors affecting how much sleep people get at night. But work ethic and determination don’t seem to...
Rebalancing Your Portfolio Diversifies, But Does Not Generate Greater Returns 25 Aug 2013 | 10:49 pm
A new study finds that, contrary to popular belief, rebalancing your portfolio will not generate returns greater than you would have earned otherwise. Portfolio rebalancing of course does however help...
When Will The Fed Taper? 25 Aug 2013 | 05:55 am
Now a buzzword, “taper” has come to symbolize the potential slowing of bond purchases that the Federal Reserve will presumably begin in the near future. The U.S. economic recovery has been deemed acce...
