Economic Report 28 results

U.S. Leads in Global Economic Expansion, According to March Report

With one year having passed since the Covid-19 pandemic began in the U.S., many are curious as to what the economic trajectory of the country looks like. This is especially important for gauging how effective the economic recovery efforts taken by the government have been. Now, a new March report from IHS Markit shows just how well the U.S. is performing compared to four of its main contemporar...

New Industrials Earnings Help Shed Light on U.S. Economy

Covid-19 had impacted the economies of countries all over the world, and the U.S has been no exception. Many companies saw a decline in their industrial and manufacturing capacities due to lockdowns, and concerns over another wave of them has left some worried about how they impact recovery efforts. Some newly released industrials earnings now help give a picture of where the economy is at, and ...

American Economy Contracts For First Time In Six Years

As the COVID-19 pandemic has been severely impacting the global economy, the United States, in particular, has anticipated a see sharp decline from their previous numbers. Now, the recently released first-quarter GDP numbers and the Institute for Supply Management’s Manufacturing Report On Business index show just how hard the pandemic has hit the American economy. The ISM Purchasing ...

Empire State Manufacturing Report Posts Largest Drop In History

The Empire State Manufacturing Report took a sharp nosedive this month, falling 26.4 points to -8.6 as reported this past Monday. This precipitous drop represents the first time the index has dipped into negative territory since October of 2016. Any number below zero represents a contraction in manufacturing activity in New York state. Analysts had predicted a significantly more favorable number ...