Beige Book: Economic Activity Expands Across Most Regions

According to the latest Fed Beige Book, reports from the twelve Federal Reserve Districts indicate that economic activity continued to expand across most regions and sectors from early January through mid-February. read more

Drop in Jobless Claims Boosts U.S. Consumer Confidence

In the week ending February 14, the advance figure for seasonally adjusted initial claims was 283,000, a decrease of 21,000 from the previous week's unrevised level of 304,000. read more

U.S. Economy to Grow at 3.1% Pace in 2015

The U.S. economy is expected to maintain solid growth throughout 2015, with real GDP forecast to grow at a pace of 3.1%, a report issued by BMO Economics and run by CNN Money said. read more

U.S. Bank Stocks Reach Monthly High

U.S. Bank stocks rallied to the highest in a month, amid interest rates that are at a 6-year low and positive jobless claim figures, according to a Bloomberg report. read more

Jobless Claims Signal Improving Market

The U.S. Department of Labor reported jobless claims ending the week of January 31, 2015 were 278,000, an increase from the previous week, but fewer than were expected to file. read more

U.S. Jobless Claims Reach 15-Year Low

In the week ending January 24, the advance figure for seasonally adjusted initial claims was 265,000, the lowest level for initial claims since April 15, 2000. read more

U.S. Business Spending Weakens, But Consumers Upbeat

U.S. business investment spending reportedly fell for a fourth straight month in December, but consumers remained upbeat. read more

Jobless Claims Increase Following Holidays

Jobless claims increased by 19,000 in the week ending January 10, according to a U.S. Labor Department report. Bloomberg reported the increase was due to companies letting go of seasonal employees. read more

CapX Partners Provides $6MM Equipment Lease to Oil & Gas Company

CapX Partners announced the closing of a $6 million equipment lease line of credit to support the financing needs of All Around Roustabout, an energy services company focused on oil and natural gas. read more

Beige Book: ‘Faster Growth Expected Over Coming Months’

According to the most recent Fed Beige Book report, most Districts reported a “modest” or “moderate” pace of growth. However, the report notes most contacts say they “expect somewhat faster growth over the coming months.” read more

U.S. Jobless Claims Decrease in First Report of 2015

Jobless claims decreased in the first week of 2015, according to a U.S. Labor Department report. In the week ending January 3, initial claims of 294,000, decreased 4,000 from the previous week. read more

FOMC: Rate Rise Unlikely Before Late April

Bloomberg reported the Federal Reserve confirmed being “patient” on interest rates means no increase before late April. Risks from overseas are largely offset by domestic strength. read more

ISM: New Orders, Employment and Production Growing

According to the latest Manufacturing ISM Report on Business, economic activity in the manufacturing sector expanded in December for the 19th consecutive month, and the overall economy grew for the 67th consecutive month. read more

Unfilled Orders Highest Since NAICS First Published in 1992

The Census Bureau said new orders for manufactured durable goods in November decreased $1.7 billion or 0.7% to $242.3 billion. Unfilled orders, however, increased to its highest level since the NAICS was first published in 1992. read more

Wells Fargo/Gallup: Investor Optimism at Seven-Year High

According to the Wells Fargo/Gallup index, the overall Investor and Retirement Optimism Index is now the highest it has been since 2007, following several years of gradual, steady increases. read more

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