Items Tagged with 'U.S. economy'

ARTICLES

  • Jobs Report: Private sector hiring slows as construction, manufacturing shed jobs

    Companies add fewest jobs in 18 months
    The pace of hiring slowed in March as employers fretted about a slowing economy. Companies hired 129,000 employees, the slowest pace in 18 months, according to a report today from ADP and Moody's Analytics. Goods-producing jobs, such as construction and manufacturing, contracted for the first time since December 2016.
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  • JPMorgan Chase chief economist bets against 2020 recession

    "The economy is slowing, but it is not going to go into a recession"
    Anthony Chan, chief economist at JPMorgan Chase, is confidently forecasting 2% economic growth in the year ahead and shooting down fears of a looming recession. Speaking before a packed room at Chicago Agent Magazine's Accelerate Summit at the Chicago Merchandise Mart on Tuesday, Chan predicted the U.S. economy will grow in 2019, just not as rapidly as it did last year.
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  • Yet another sign from the housing market of a looming recession

    Single-family housing authorizations show persistent declines
    A number of market analysts have pointed to signs of weakness in the U.S. housing market as an indicator of a possible economic recession ahead. A slowdown in the housing market – evident by dampening home price growth, a decrease in home sales, and a downturn in housing starts – can be a key signal of the wavering health of the overall economy. Now, the housing market has revealed yet another sign of a potential economic instability: a persistent decline in single-family housing authorizations.
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  • Economists: There's now a 25% chance of a recession in the next year

    Reuters poll shows growing concern over a future recession
    A new poll from Reuters shows that there's a 25% chance of a recession in the next 12 months. "There is a lot of uncertainty and there are some good reasons to forecast a slowdown in 2019 as compared to in 2018," Jim O’Sullivan, chief U.S. economist at High Frequency Economics, told Reuters.
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  • Goldman Sachs economist claims little chance of recession in the next 3 years

    Daan Struyven's research indicates the U.S. economy is only midway through its expansion
    Worried about the coming recession? Don't be. Goldman Sachs is calling bull on all the bearish naysayers out there. According to the famed firm, the U.S. is only in the middle of its economic expansion and the possibility of a recession in the next three years is “below average.”
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  • Freddie Mac: Mortgage rates reach highest level since May

    Mortgage rates inch forward for fourth consecutive week
    Mortgage rates inched forward for the fourth consecutive week, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said the 30-year fixed-rate mortgage increased once again to its highest level since May.
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  • The jury is in: This cycle ends in 2020

    Wall Street Journal survey reveals 59% of economists predict a slowdown in 2020
    We have been hearing about this for a while now, but the jury is finally in: Most economists predict this up cycle will end in 2020. America may have less than two fat years to make hay while the sun is still shining on the economy.
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  • Who cares if the Dow hit 20K? Not most of us

    Nearly half of American adults don’t own stocks, so why should they care?
    On the floor of the New York Stock Exchange, at the offices of investment brokers, and in corporate boardrooms throughout the country, there were hearty celebrations on Wednesday morning as an artificial number hit an arbitrary target. People doffed cheap embroidered hats. They poured Champagne. Frivolity was the order of the day. But for the rest of us, the Dow hitting 20,000 doesn’t mean a damn thing.
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  • Freddie agrees with Fannie: The economy is improving

    Freddie Mac outlook indicates mortgage debt will increase in 2015
    A new report from Freddie Mac suggests that improving household balance sheets will make it more enticing for Americans to take on mortgage debt in 2015, echoing the sentiment of a report from Fannie Mae.
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