Wholesaler economic data

Today saw the release of several positive economic numbers for U.S. wholesalers. First, the U.S. Department of Commerce reported that wholesaler inventories in February grew by 0.6%.  Second, also in Februay, wholesaler sales were up by 0.8%. Analysis: That sales...

Quiet before the storm?

Happy Friday everyone! I have not posted in a week because there really has not been much to comment on in terms of business activity, the economy, or investing.  However, today marks a return to posting, mostly because next week kicks off the first quarter earnings...

Unemployment rate stays the same

The Department of Labor this morning released its payroll figures for the previous month.  The data show that the United States added 162,000 jobs in March, the most jobs since three years ago in March.  A group of economists had expected the economy to add 200,000...

Best economic news in months

The major auto makers today announced sales results for the month of March (as compared to one year ago) and the data are very encouraging: Nissan…up 43% Toyota…up 41% Ford…up 40% Honda…up 22% GM…up 21% Hyundai…up 15% Some car...

Further mixed economic data

Today saw the release of other economic data beyond initial jobless claims.  Specifically, the U.S. Department of Commerce’s construction spending figures and the Insitute of Supply Management’s manufacturing index. Construction spending in February fell...