Tuesday, February 9, 2016

Archive: February, 2013

POSTED: Thursday, February 28, 2013, 11:22 AM
Following a closed-door party caucus, House Speaker John Boehner of Ohio, accompanied by fellow GOP leaders, meet with reporters, on (AP)

INDICATOR: Fourth Quarter GDP Revised/Weekly Jobless Claims

KEY DATA: GDP: +0.1% (from -0.1%)/Claims: 344,000 (down 22,000)

IN A NUTSHELL: "Small decline, small increase, it really doesn't matter as the government and inventory cut backs were the only problems with the economy at the end of last year.

POSTED: Wednesday, February 27, 2013, 2:16 PM
Welder Evelio Quintero, from Fort Worth, TX, working for Southeast construction, does his best to repair a piece of machinery that has broken while they have been drilling horizontally underneath the Susquehanna River in order to get the pipeline down to Dalls PA from Springville, AP. (Michael Bryant / Staff Photographer) (Staff Inquirer )

INDICATOR: January Durable Goods Order

KEY DATA: Durables: -5.2%; Excluding Transportation: +1.9%; Business Investment: +6.3%

IN A NUTSHELL:  "The surge in business capital spending is a good sign that the economy carried so decent momentum into the looming sequestration."

About this blog
Joel L. Naroff is the president and founder of Naroff Economic Advisors, a strategic economic consulting firm in Bucks County. He advises companies across the country on the risks and opportunities that economic developments may have on the organization’s operating environment. An accomplished public speaker, Joel’s humor and unique ability to make economics understandable have brought him a wide following. Reach Joel L. at joel@naroffeconomics.com .

Joel L. Naroff
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