Economy

TD Economics: Growth of 3% to Drive U.S. Optimism

TD Economics projects growth of 3.0% in 2015 and 2.8% in 2016, driven by the highest annual gain in jobs since 1999 and falling inflation rates, will drive U.S. consumer optimism. read more

Steady Unemployment Numbers Signal Resilient Market

In the week ending March 14, the advance figure for seasonally adjusted initial claims was 291,000, unchanged from the previous week, signaling the labor market remains resilient even as the economy cools. read more

Marquette Funds $4.5MM to Jackson Pipe and Steel

Marquette Business Credit recently provided funding to Jackson Pipe and Steel under a new $4,500,000 revolving line of credit to provide growth working capital and allow for inventory expansion. read more

CFO: Will Lower Unemployment Drive Bankruptcies?

CFO reported in a recent article that rising employment could deal the death blow to companies teetering on the edge of bankruptcy. read more

Fitch: Highest Global Structured Finance Upgrades Post-Crisis

In 2014 global structured finance upgrades exceeded downgrades for the first time since the financial crisis, according to Fitch Ratings. read more

Earnings Forecasts Take a Downturn

An earnings season filled with warnings of continued volatility reportedly has analysts slashing estimates by the widest margin in six years. read more

Decrease in Jobless Claims Signifies Market Improvement

In the week ending March 7, 2015, initial claims decreased 36,000 from the previous week, the U.S. Department of Labor reported, possibly signaling a leveling of the market to more consistent improvement. read more

Jobless Claims Reach Highest Level in Nine Months

In the week ending February 28, the advance figure for initial claims was 320,000, an increase of 7,000 from the previous week's unrevised level of 313,000, the highest level in nine months. read more

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

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