Tag Archives: US Economy

The United States is the land of opportunity, where anyone with an idea can bring it to market. This philosophy has fueled the growth and prosperity of America and made the U.S. the global leader of innovation.America’s economic success is being threatened by proposals in Congress that will make creating …

The Bureau of Economic Analysis reported Thursday that the U. S. economy grew at an annualized rate of only 2% in the third quarter.The highly infectious Delta variant of the coronavirus, supply chain chaos, worker shortages, sluggish jobs numbers and higher prices weighed on economic activity.It was far lower than …

Investors eye how strong growth in Q3 gross domestic product will be when the government reports the official advance estimate on Thursday.Following the first two quarters when the annual rate of growth came in at 6.3% and 6.7%, respectively, the arrival of the delta variant this summer and ongoing disruptions …

The largest U.S. manufacturers including do encounter logistics headache and higher costs as a result of global supply bottlenecks that could continue into 2022, but most companies agree that the hit to profits can be compensated by charging higher prices for their goods.Companies globally pushed the alarm button reiterating that …

Americans welcome winter weather as temperatures drop, but the market is getting warmer and even hotter. The U. S. economy is boomed after the Delta wave had caused considerable recovery slowdown in August and September. October is witnessing progress on multiple fronts recording overall gains.Americans are spending more. Several signs …

The U.S. Treasury yields were mixed on Tuesday as investors prepared to filter through a myriad of economic data releases ahead of next week’s Federal Reserve meeting. Yields on 2 to 7 year debt out recorded higher performance, meanwhile the 10-year yield swung between advances and declines and the 30-year …

The U. S. dollar has hesitated around 0.9200 on Tuesday. As the USD/CHF pair was able to rebound from 7 week lows at 0.9150, it found resistance at 0.9225 earlier today. As for the broader picture, the USD/CHF remains trapped within a clear downtrend from September highs at 0.9365. The …

Lockheed Martin shares surged by 11.4% Tuesday as the defense equipment manufacturer lowered its 2021 revenue guidance after supply chain issues kept its Q3 figures behind expectations.The maker of F-35 fighter jets cut its 2021 revenue expectation by 2.5%, to $67 billion, and said next year’s revenue could fall to …

The index of U.S. consumer confidence rose to 113.8 in October from a revised 109.8 in September.The index has risen in October for the first time in four months, since June to 113.8 as concerns around the delta variant eased.The Conference Board’s index advanced to 113.8 from an upwardly revised …

Gold fell in Tuesday morning trading in Asia. While the dollar, which usually moves in reverse with gold, rose 0.07% on Tuesday, recovering from a one-month low hit during the previous session. Gold futures were also down 0.07% at $1,805.55 by 11:15 PM ET as investors await this week’s key …