Surprises in Just-released WalletHub’s Best- and Worst-run Cities in America
The consumer financial website WalletHub released its “Best- & Worst-run Cities in America” on Monday, and there were a number of surprises. ...
Sectors
Consumer Spending Rebounds a Record Eight Percent in May
The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) reported on Friday that consumer spending jumped to a new record in May: 8.1 percent over April, more than double the...
Many Signals Showing Strong U.S. Economic Rebound
The economic rebound from the government shutdown is surprisingly robust, which bodes well for Trump in November. ...
NFIB: Small Business Optimism Jumped in May
A new report shows that small business owners are itching to get back to work. ...
U.S. Economy Peaked in February; Republican Consumers to Drive the Recovery
Predictions as to how long the recovery will last and when the economy will get back to full steam are a dime a dozen, and most of them aren’t even worth...
Institute of Supply Management Says Purchasing Managers Are Guardedly Optimistic
The Purchasing Managers Index (PMI) showed that the economy is beginning to expand again. The only questions remaining are: "Just how strong will the rebound be?" and "Will it be strong...
ADP Reports 20 Million Lost Their Jobs in April
According to national payroll processor ADP, the U.S. economy lost more than 20 million jobs last month. ...
One in 10 Americans Out of Work; That Number Likely to Grow
The one in 10 Americans filing for unemployment insurance are sure to be joined by more Americans before the unemployment number starts dropping. ...
Polls Show Business, Consumer Sentiment Suffering Under Coronavirus Shutdown
Polls are consistent: Consumer and business sentiment is taking a dreadful hit thanks to the “social distancing” and “sheltering at home” protocols put in place last month to fight the virus....
Ipsos, Harris Polls Report Virus Shutdown Is Closing Small Businesses Permanently
Polls conducted among small business owners the third week of March by Ipsos and Harris are showing the damage already being done to small businesses by the coronavirus shutdown. ...
Wednesday’s ADP Jobs Report Misleading: Job Loss in March Much Worse
The drop in employment reported by ADP looks much better than it really is, as the latest report does not account for data from the last half of the month. Some...
U.S. Treasury to Offer Small Business Owners “Forgivable” Bridge Loans
The Federal Reserve is working closely with his agency to create a Main Street Business Lending Program that would give those owners an unsecured “bridge loan” to allow them to continue...
ADP Says 291,000 New Jobs in January; It’s More Like 336,000
More good news from the Trump economy: 336,000 new jobs in January. ...
Cities Interfere in Free Market by Restricting Dollar Stores
City officials would do better to make sure to police the streets, and put out the fires, rather than to dictate how much retail space is used for lettuce. ...
Shoppers Set Holiday Records This Year, Exceeding Expectations
The U.S. consumer continues to do what he does best: improve his standard of living through the amazing productivity of the free market, private capitalist system. ...