The consolidated economic report from the 12 Federal Reserve Districts (Beige Book) said that "economic activity continued expanding across most regions and sectors during the reporting period from July to mid-August". The previous report said "economic activity expanded from mid-May through June". It is hard to tell if overall growth rate went up or down - and the usefullness of the Beige Book is diminished when the Fed does not "guess" whether there was a change in the rate of growth.
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Those days are over but we were lucky to have lived then once upon a time, in a land far far away. Growing up in Jonesboro, AR in the '50's. NOTE: THE NARRATOR FOR THIS VIDEO IS JACK PARNELL.
Infographic Of The Day: College Student Storage Tips
When summer finally rolls around, the last thing you want to do is drag your entire dorm room contents all the way home (especially if you typically fly home and ship your belongings) and try to squeeze your stuff into your parents’ house.
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Zhi: A Critique of Modern Money Theory and the Disequilibrium Dynamics of Banking and Government Finance
by Dirk Ehnts, Econoblog101
Such is the title of Tianhao Zhi's recent paper.
Written by Gary
WTI oil reserves up 4.7% and prices drop below 44, currently in the 44's. Markets followed suit and dropped fractionally, but have risen to where the OW is up over one percent. Volume is moderate and falling.
02Sep2015 Pre-Market Commentary: Pre-Market Up, Oil Down But Trading Sideways, Markets Expected To P
Written by Steven Hansen
US Census says manufacturing new orders improved. Our analysis says new orders crashed. Unadjusted unfilled orders' growth is now in CONTRACTION year-over-year. No matter how you cut the data, it is bad. The headline analysis is extremely misleading this month.