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U S, Labor Market Slows Further as Initial Jobless Claims Hit 885,000

U S, Labor Market Slows Further as Initial Jobless Claims Hit 885,000
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United statesGeoffrey smithLabor departmentDiane swonkGrant thorntonPhiladelphia federal reserveஒன்றுபட்டது மாநிலங்களில்ஜெஃப்ரி ஸ்மித்தொழிலாளர் துறைமானியம் தோர்ன்டன்பிலடெல்பியா கூட்டாட்சியின் இருப்பு

New York Manufacturing Activity Edges Slightly Higher In December

New York Manufacturing Activity Edges Slightly Higher In December WASHINGTON (dpa-AFX) - A report released by the Federal Reserve Bank of New York on Tuesday showed regional manufacturing activity edged slightly higher in the month of December. The New York Fed said its general business conditions index slipped to 4.9 in December from 6.3 in November, but a positive reading still indicates growth in regional manufacturing activity. Economist had expected the index to dip to 5.8. Empire State manufacturing growth pulled back to a softer pace of expansion in December as the recovery cools and resurgent infection rates weigh on activity, said Oren Klachkin, Lead U.S. Economist at Oxford Economics.

New yorkUnited statesKostenloser wertpapierhandelOren klachkinFederal reserve bankNew york fedEmpire statePhiladelphia federal reservePhilly fed indexபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்கூட்டாட்சியின் இருப்பு வங்கிபுதியது யார்க் ஊட்டிபேரரசு நிலைபிலடெல்பியா கூட்டாட்சியின் இருப்புபில்லி ஊட்டி குறியீட்டு

The U S economy is showing more coronavirus cracks and the fissures are growing

+0.16% forecasts sales at U.S. retailers to decline in November for the first time since April, when the coronavirus shut down most of the economy. A chief reason: fewer auto sales. Vehicle purchases at car dealers account for about 20% of overall retail sales. Even if autos are excluded, however, sales are likely to be tepid. Bars and restaurants, for example, saw a drop off in foot traffic as the weather cooled in the fall, coronavirus cases exploded, and new government rules were imposed. Gas sales, another big retail category, also probably declined. “The rise in Covid cases started to weigh on retail sales growth in October, and likely resulted in a drop in total sales in November,” wrote economist Katherine Judge of CIBC Capital Markets in a note to clients.

New yorkUnited statesLewis alexanderFederal reserveKatherine judgePrime dayPhiladelphia federal reserveMarketwatch economicபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்லெவிஸ் அலெக்சாண்டர்கூட்டாட்சியின் இருப்புக்யாதரிந் நீதிபதிப்ரைம் நாள்பிலடெல்பியா கூட்டாட்சியின் இருப்பு

Economic forecasts are not an investment roadmap - Grand Rapids Business Journal

Grand Rapids Business Journal It is that time of year again where economic forecasters put together their predictions for the upcoming year. When I first got into the investment advisory services business in 2003, I loved reading these reports as I learned about the methodology and mathematical forecasting models used by some of the brightest minds in economics. I always tried to read at least five reports to obtain a variety of opinions to see if there were some common themes and correlations. Unfortunately, it was quite the opposite. I often found myself more confused as the standard deviation of numbers and percentages were all over the map.

United statesJan hatziusMorgan houselJohn kenneth galbraithMarket strategistGoldman sachsPhiladelphia federal reserve survey of professional forecastersStrategist surveyWall streetPhiladelphia federal reserveProfessional forecastersGreat depressionJohn kennethஒன்றுபட்டது மாநிலங்களில்மோர்கன் ஹவுசல்ஜான் கெநெத் கல்பிரைத்

Damien Venuto: The one thing Kiwi businesses don t need to hear in 2021

Damien Venuto: The one thing Kiwi businesses don t need to hear in 2021 10 Dec, 2020 04:52 AM 4 minutes to read Predictions are notoriously difficult to get right. Photo / Getty Images OPINION: Judging by the recent stream of emails and social media posts offering predictions and trends on what to expect in 2021, you d think 2020 was just a standard nothing to see here kind of year. It takes a particularly acute case of audacity to swirl the tea leaves after the past 12 months and pretend to see patterns revealing what comes next. Anyone venturing such predictions might bear in mind economist Irving Fisher s infamous claim, just before the Great Crash of 1929, that stock prices had reached a permanently high plateau . And even in less extreme times, numerous studies have shown that humans are notoriously bad at predicting the futures that don t benefit them.

United statesWill ferrellIrving fisherCaroline beatonChazz michael michaelsHenry fordGreat crashPhiladelphia federal reserveSimon peelHarvard business reviewஒன்றுபட்டது மாநிலங்களில்விருப்பம் ஃபெரெல்இவிஂக் மீனவர்கரோலின் பீட்டன்சாஸ்ஸ் மைக்கேல் மைக்கேல்ஸ்ஹென்றி ஃபோர்ட்