Economics in a Nutshell Archive: June, 2013

Sluggish pay gains holding economy back

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INDICATOR: May Income and Spending/Weekly Jobless Claims KEY DATA: Consumption: +0.3%; Disposable Income: +0.5%; Prices: +0.1%/Jobless Claims:... Read more

One foot on the brake and one on the gas

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INDICATOR: Second Revision of First Quarter GDP KEY DATA: GDP: 1.8% (down from 2.4%) IN A NUTSHELL: "With economic growth so modest, the... Read more

Rising interest rates may slow recovery

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INDICATOR: May New Home Sales/April Housing Prices KEY DATA: New Home Sales: up 2.1%/Case-Shiller 20-City Home Prices: up 2.5% (12.1% over... Read more

Believers buying big-ticket items

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INDICATOR: May Durable Goods Orders/June Consumer Confidence KEY DATA: Durables: +3.6%; Excluding Aircraft: +0.9%: Business Investment: +1... Read more

Housing demand should bolster consumer confidence

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INDICATOR: May Existing Home Sales/Leading Indicators KEY DATA: Housing Sales: up 4.2%; Median Prices (year-over-Year): up 15.4%/Leading Indicators:... Read more

June 19, 2013 FOMC decision

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In a Nutshell: "If the incoming data are broadly consistent with (the members') forecast, the Committee currently anticipates that it would... Read more

Home building should keep booming

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INDICATOR: May Housing Starts and Permits KEY DATA: Starts: up 6.8%; Year-to-Date: up 28.1%; Permits: down 3.2% IN A NUTSHELL: "With builder... Read more

Fed taking foot off the gas too soon?

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INDICATOR: May Industrial Production and Producer Price Index KEY DATA: IP: 0.0%; Manufacturing: +0.1%/PPI: +0.5%; Excluding Food and Energy:... Read more