The latest revision to second-quarter GDP data is the third and final one. According to the newest data from the Bureau of Economic Analysis, real disposable income turned out to be healthier than initially reported. On Thursday (Sept. 26), the bureau said in a news...
The number of Federal Reserve districts reporting flat or declining economic activity rose from five in July to nine in August. Only three of the 12 districts reported slight growth in economic activity in August, The Federal Reserve said Wednesday (Sept. 4) in a national summary of...
The Producer Price Index (PPI), which measures wholesale prices, rose in June after seeing no change in May. Final demand prices rose 0.2% in June after remaining unchanged in May and increasing 0.5% in April, in seasonally adjusted figures, the Bureau of Labor Statistics (BLS)...
New orders for manufactured durable goods increased by 0.7% in April. Orders increased by $1.9 billion to $284.1 billion during the month, the U.S. Census Bureau said in a Friday (May 24) press release. April’s increase in orders for durable goods followed a 0.8% increase in March and marked...
April 05, 2023
Market shifts and macro turmoil have savvy CFOs examining internal processes to ensure sustainable growth. “I think every CFO right now is concerned about macroeconomics,” Arlen Shenkman, president and CFO at Boomi, told PYMNTS in a recent conversation. “When you’re in a rising interest rate environment where it’s unclear whether or not you will have […]
October 10, 2024
The effects of Hurricane Helene, cutbacks in the auto industry and furloughs related to a strike at Boeing drove U.S. jobless claims to their highest total in a year. During the week ended Saturday (Oct. 5), there were 258,000 initial claims for unemployment insurance — a total that was 33,000 higher than the previous week and […]
September 04, 2024
The number of Federal Reserve districts reporting flat or declining economic activity rose from five in July to nine in August. Only three of the 12 districts reported slight growth in...
July 12, 2024
The Producer Price Index (PPI), which measures wholesale prices, rose in June after seeing no change in May. Final demand prices rose 0.2% in June after remaining unchanged in May...
May 24, 2024
New orders for manufactured durable goods increased by 0.7% in April. Orders increased by $1.9 billion to $284.1 billion during the month, the U.S. Census Bureau said in a Friday (May 24) press release....