This week we turn the calendar page, and that change brings with it a raft of economic data. Fed Chairman Ben Bernanke will deliver his semiannual monetary policy testimony before Congress, while Wall Street waits on more earn…
A new report from the Philadelphia Fed shows America’s manufacturing sector is strongly bouncing back. Not only are firms reporting booming activity, strong shipments of goods and more unfilled orders, but jobs are being create…
If you glanced at just one or two headlines from last week’s reports on the U.S. economy, you might have concluded that things haven’t changed that much. In fact, digging deeper reveals that business conditions are improving. E…
U.S. factory orders fell 0.9% in October, however, the decline was offset by a substantial, upward revision in September’s orders, which jumped to a 3.0% gain from initial estimates of a 1.8% rise.
A Bloomberg survey had expected October factory orde…
The nation’s factories continue to show signs that they will support economic growth in the immediate quarters ahead, as manufacturing output rose 0.5% in October — the sector’s biggest gain in three months — the Federal Reserve announced Tuesday.
…