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Both the ADP employment report and the ISM services PMI came in below estimates, suggesting weakness in the recovery.
November 4 -
The economy will bounce back and stimulus will be provided no matter who is in charge, R.J. Gallo says.
November 3 -
Municipals were weaker in the 10-year range by as much as one basis point on Monday as all eyes fixate on election results.
November 2 -
No one expects any change to the fed funds rate target when the Federal Open Market Committee meets on Wednesday and Thursday, but that doesn’t mean there’s nothing to watch for.
November 2 -
Personal income increased 0.9% in September after a 2.5% decline in August, the Commerce Department reported Friday, while personal consumption grew 1.2% after a 0.7% gain in August.
October 30 -
Gross domestic product surged in the third quarter's first read, but analysts suggest the rising number of coronavirus cases bodes ill for fourth quarter growth.
October 29 -
Consumers cut back on purchasing plans, suggesting they see a tough fourth quarter, economists said.
October 27 -
The economic news was mixed again Monday, with home sales unexpectedly dipping, while two reads of manufacturing showed expansion continued, but one suggested a slower rate of growth.
October 26 -
Jobless claims fell to below 800,000, existing home sales soared, leading indicators rose more than expected and the Kansas City Fed manufacturing index also climbed in the latest reading.
October 22 -
Housing starts and building permits both rose in September, as the housing market remains the "best part of the U.S. economy."
October 20