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US Economy and Economic Indicators
This week new research was released on the current makeup of the US middle class, the continuing commodities price slump, other — more general — US economic indicators provide a somewhat less murky, if still muted, projection of the health of the US economy over the next year or two. Said Bill McBride in his…
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Commodities 2016 and Beyond
This week Manulife Financial, Canada’s largest life insurer, announced it is looking to add more commodities to its investment mix after prices plunged for metals including zinc and copper. As well, the Financial Times forecast the end of this commodities price slump. Global Commodities Outlook Commodities Price Cycle Not Yet Hit Bottom Manulife wants to…
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US GDP, Economy 3Q 2015
The US economy grew at an annualized rate of 1.5 per cent in the 3Q of the year, the Commerce Department said Thursday, matching the estimates of economists surveyed by The Wall Street Journal. That was off from 2Q’s torrid 3.9 per cent growth rate. Compared with the same quarter a year ago, the economy…
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ISM Manufacturing Index, US: August 2015
The Institute for Supply Management’s manufacturing purchasing managers index, released Tuesday, fell to 51.1 in August from 52.7 in July. Manufacturing Index, US The ISM survey’s exports index declined to 46.5 last month from 48 in July. That gauge has slid each month since May—the last time it was at a break-even level. The new-orders…
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US Industrial production and Capacity Utilization – March 2015
Industrial production in the US decreased 0.6 per cent in March after increasing 0.1 per cent in February. For 1Q 2015, industrial production declined at an annual rate of 1.0 per cent, the first quarterly decrease since 2Q 2009. The decline last quarter resulted from a drop in oil and gas well drilling and servicing…