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July 2016 Chicago Purchasing Managers Barometer Down But Remains In Expansion

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The Chicago Business Barometer which recently has spent more time in contraction than expansion declined but remans in expansion. This survey came in above expectations.

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 more WWRT

What We Read Today 28 July 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

Infographic Of The Day: Traveling Abroad Is Cheaper Than Staying Home

Did you know that visiting a foreign country can actually be less expensive than living at home.

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Infographic Of The Day: Traveling Abroad Is Cheaper Than Staying Home

Did you know that visiting a foreign country can actually be less expensive than living at home.

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Video of the Day:

Tesla's Autopilot system is the most advanced available right now, but it has limitations, and some of those limitations might be us.


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 more investing, markets, precious metals & forex

29Jul2016 Pre-Market Commentary: US GDP Falls Sharply, US Dollar Drops Precipitously, Gold And Crude Prices Remain Steady, Markets Expected To Open Lower



 more opinion

The 50 Altered States Of American Housing

by Danielle DiMartino Booth, Money Strong

Money Strong Article of the Week

Oh the horror! Movies that is. Its summertime and once again they're out there, all those shriek-worthy trailers just waiting to pounce. They'll grab you by the psyche and parade just for you and your mind's viewing pleasure an all-inclusive review of your horror genre past. And if you happen to have been born squeamish and came of age in the '80s, you know it only took sitting through a handful of scream inducers before you gave up the fight and relinquished the field. A little Halloween here, a dash of Friday the 13th there with some Freddy K thrown in for good measure and yours truly duly checked out for life.

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 USA economy at a glance (boxed items are updates in last 7 days)

Advance Estimate 2Q2016 GDP Quarter-over-Quarter Growth at 1.2 Percent. Disappointing To Most Forecasts.

Written by Doug Short and Steven Hansen

The advance estimate of second quarter 2016 Real Gross Domestic Product (GDP) is a positive 1.2 %. This is a moderate improvement from the previous quarter's 0.8% (revised down from 1.1 %) if one looks at quarter-over-quarter headline growth.Year-over-year growth slowed so one could say economic growth was mixed. There was significant backward revision starting in 2013.

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