Economy

Fed: Dealers See Mid-2015 Interest Rate ‘Liftoff’

According to the minutes of the U.S. central bank’s most recent meeting, the results of an October survey of primary dealers shows a projected path of the fed funds rate to be “middle of next year as most likely time of liftoff.” read more

U.S. Jobless Claims See Unexpected Rise

U.S. jobless claims were 290,000, an increase of 12,000 from the previous unrevised level of 278,000, an unexpected rise following October numbers, which reached a 14-year low. read more

NFIB: More Owners Plan to Make Capital Expenditures

The National Federation of Independent Businesses reported that according to a survey, small business owners were more upbeat about capital spending and sales expectations in October. read more

Jobless Rate Drops to Six-Year Low

Bloomberg reported, citing Labor Department data, the jobless rate fell to 5.8%, the lowest since July 2008. The increase in hiring last month followed a 256,000 advance that was larger than first estimated. read more

Survey: Solid Middle Market Revenue Growth in Q3

According to a survey conducted by the National Center for the Middle Market, the third quarter of 2014 market the third consecutive quarter of solid revenue growth for U.S. middle market firms. read more

U.S. Jobless Claims Fall to Lowest in 14 Years

The U.S. Labor Department reported the four-week average of jobless claims fell to 281,000 in the period ended October 25, the lowest since May 2000. read more

Bloomberg: Fed On Path Toward Higher Interest Rates

Bloomberg reported that Fed officials dismissed recent turmoil in global financial markets and focused instead on “solid” employment gains that will keep them on a path toward an interest rate increase next year. read more

Small Business Optimism Returns to Pre-Recession Levels

Small business owners’ optimism on business prospects and the economy continue to rise according to the Fall 2014 OPEN Small Business Monitor. Currently, 63% of business owners maintain a positive outlook, a level not reached since before the recession. read more

Jobless Claims Drop to Lowest Since Feb. 2006

In the week ending October 4, the advance figure for seasonally adjusted initial claims was 287,000, a decrease of 1,000 from the previous week's revised level, the U.S. Department of Labor reported. read more

FMOC: Global Slowdown Considered Risk to Outlook

Bloomberg reported that at the last FMOC meeting, Fed policy makers worried that slowing global growth and a stronger dollar posed risks to the U.S. economy as they decided to maintain a pledge to keep interest rates low for a “considerable time.” read more

Surge in Hiring Pushes Unemployment to Six-Year Low

The Labor Department announced the nation’s economic recovery continued in September with the addition of 248,000 new jobs. The unemployment rate fell to 5.9%, its lowest level since July 2008. read more

Bloomberg: Corporate U.S. Healthiest in Decades

Bloomberg notes that six years into president Barack Obama’s administration, companies in the Standard & Poor’s 500 Index are the healthiest in decades. read more

Survey: H2 Capital Expenditures Expected to Increase

According to a survey of mid-sized manufacturers, capital expenditures appear to be on solid ground for H2/14 as 42% are predicting an increase, up from 30% that planned to increase Capex over the final months of 2013. read more

TD Economics: U.S. Economy to Grow 3.0% by 2015

After averaging 2.2% in 2014, the economy is forecasted to grow by 3.0% in 2015, according to a report by TD Economics. The unemployment rate is expected to fall to 5.5% by year-end 2015. read more

Economic Indicators Climb at Slower Rate in August

The Conference Board’s index of leading economic indicators, a gauge of the outlook for the next three to six months, climbed 0.2% in August after increasing 1.1% in July and 0.7% in June. read more

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