Young Woman Wearing Glasses Sitting At Desk Looking At Paper

When mapping out a monthly budget, the biggest tasks for many is separating needs vs. wants. Fortunately, we have plenty of tips to help you.

Read More
Money and Graph

The Economy Grew at Just 2.1 percent (Annual Rate) in the Second QuarterReal gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1 percent.These latest numbers show…

Read More
Personal Income FNL

Personal income increased $35.7 billion (0.2 percent) in September according to estimates released by the Bureau of Economic Analysis. Did you get your share? Disposable personal income (DPI) increased $29.1 billion (0.2 percent) and personal consumption expenditures (PCE) increased $53.0 billion (0.4 percent). Real DPI (inflation-adjusted) increased 0.1 percent in September and Real PCE increased…

Read More
Growth by Industry FNL

Here\’s an interesting report that breaks down economic growth (GDP growth) by industry. Published by the Bureau of Economic Analysis, the report goes beyond the singular top-line number, to show which industries are doing well, which are doing really well, and which ones are lagging. First, the top-line number. Growth is strong. Economy-wide, real gross…

Read More
Inflation FNL (1)

Prices rose faster over the past year than they have for the previous six years, according to a new report from the government\’s Bureau of Labor Statistics. According to BLS The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in June on a seasonally adjusted basis after rising 0.2 percent in May.…

Read More
Inflation FNL

A key measure of price inflation rose in May, and year-over-year now stands at a six-year high, according to the U.S. Bureau of Labor Statistics. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in May on a seasonally adjusted basis after rising 0.2 percent in April. Over the last 12 months,…

Read More
Consumer Confidence FNL

Consumer confidence is on an upward trend, and this a good thing for a consumer-driven economy like ours. The Conference Board reports that its Consumer Confidence Index increased in May, following a modest decline in April (after a downward revision). The Index now stands at 128.0 (1985=100), up from 125.6 in April. The Present Situation Index…

Read More
The Next Recession FNL

The United States will likely enter the next recession in 2020, according to a survey of economists and housing experts conducted by online real estate company Zillow. Monetary policy is the likeliest cause of the next recession. These are some of the findings of the 2018 Q2 Zillow Home Price Expectations Survey. The quarterly survey, sponsored…

Read More