Beige Book: All Districts Report ‘Expanded’ Activity

According to the latest Beige Book report, all twelve Federal Reserve districts noted that economic activity expanded during the current reporting period. Energy-related activity was described in certain districts as “expanded strongly” and “robust.” read more

Four-Week Jobless Claims in U.S. Lowest Since 2007

Jobless claims fell by 27,000 to 300,000 in the week ended May 24. The four-week average declined to the lowest level since August 2007, before the last recession began, according to a Bloomberg report. read more

Report: CAPEX Down, But Outlook Better Than Expected

According to a report, business investment has fallen by substantially more than economists’ forecast, but they say the future outlook is decidedly more positive than they had expected. read more

Conference Board: GDP Growth Could Move Closer to 3%

The Conference Board said its leading indicators increased 0.4% in April after an upwardly revised 1.0% gain in March. The Board said GDP growth could move closer towards the 3.0% range if consumers continue to spend and businesses pick up the pace of investment. read more

U.S. Continuing Jobless Claims Lowest Since Dec. 2007

Though jobless claims increased by 28,000 to 326,000 in the week ended May 17, 2014, continuing claims fell to the lowest since December 2007, Bloomberg reported. read more

Low Productivity Growth Linked to Weak Spending

According to a report posted by, the decrease in worker productivity has been linked to the lack of spending on equipment, software and structures that workers need to increase output. read more

CFO: Private Companies Expect Revenue Growth to Soar

CFO reports, according to a survey, that private companies are expecting revenue growth to soar far past that of GDP and are in hiring mode not seen since pre-recession days. read more

Small Businesses Still Face Challenges Despite Economic Optimism

Small businesses are still feeling the effects of a challenging economic landscape, but are increasingly optimistic about the future of their business and the economy, according to Capital One’s latest Spark Business Barometer. read more

Business Investment Proxy Jumps Highest Since Jan/13

According to the Commerce Department, March factory orders and shipments advanced for the second month in a row. Core capital goods orders signaled business investment plans increased largest amount in more than a year. read more

Unemployment Rate Falls to 6.3%, Lowest Since September 2008

The U.S. Bureau of Labor Statistics said total nonfarm payroll employment rose by 288,000, and the unemployment rate fell to 6.3% in April, the lowest since September 2008. read more

Bloomberg: Fed Resigned to Diminished Growth Expectations

Bloomberg notes in a report that Fed chairman Janet Yellen and her colleagues have lowered their sights on how fast the economy needs to expand to meet their goal of cutting unemployment. read more

Commerce Department: U.S. Economy Stalls Dramatically in Q1

Real gross domestic product increased at an annual rate of 0.1% in the first quarter of 2014, compared to Q4/13, according to the Bureau of Economic Analysis, U.S. Commerce Department. In the fourth quarter, real GDP increased 2.6%. read more

Business Leaders Rank Companies Stronger than Economy

Business owners and top decision-makers are more optimistic about their own businesses in 2014 than they are about the overall U.S. economy, according to an annual survey sponsored by SunTrust, citing purchasing/leasing of equipment as a major growth stimulator. read more

National Center for the Middle Market Sees Revenue Growth

The National Center for the Middle Market saw an increase in revenue growth, demonstrating the mid-market's position as key engine of growth in U.S. economy. read more

Bloomberg: Labor Market Continues to Strengthen

Bloomberg reported the number of Americans filing for unemployment insurance hovered last week near the lowest level in almost seven years, and consumer confidence improves, showing the world’s largest economy is speeding up. read more

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