Category: econ_news

Week Ending 18 May 2013: Rail Traffic Now Showing Solid Growth Trend

Econintersect: Week 20 of 2013 ending 18 May shows same week total rail traffic improved according to data released by the Association of American Railroads (AAR):Four week rolling average is improving (normal for this time of year);13 week rolling… more »

NY Fed Economic Forecast Is More Optimistic

Econintersect: New York Federal Reserve staff has forecast real GDP growth, the unemployment rate, and inflation in 2013 and 2014 - and  the 2013 forecast is roughly similar to the Blue Chip consensus (a poll of top business economists) and the Survey of… more »

Kansas City Fed: Manufacturing Activity Expands in May 2013

This is the first manufacturing survey in May which shows expansion - and it was the first expansion after seven months of contraction. Please see below. TENTH DISTRICT MANUFACTURING SURVEY IMPROVED SOMEWHATTenth District manufacturing activity impr… more »

18 May 2013 Unemployment Claims 4 Week Average Is Statistically Unchanged

Blue Line 4 Week Average The market was expecting 348,000 to 350,000 vs the 340,000 reported. The more important 4 week moving average is statistically unchanged, moving from 339,250 (reported last week - but backward revision now revised last weeks… more »

Tornado History

Econintersect: Associated Press Science writer Seth Borentstein has reported that the strength of the Moore, Oklahoma tornado on 21 May 2013 dwarfed the "awesome energy of the atomic bomb that leveled Hiroshima". Just how powerful was this storm? How… more »

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