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Consumer products sector sees improving growth


August 27, 2014 12:49 pm ET

It is late summer, and we are already almost two-thirds of the way through the third quarter. But I find myself wanting to bask in the warm afterglow of the economic data from the second quarter a bit longer.

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Consumer spending accelerates in second quarter


August 13, 2014 11:34 am ET

The United States Commerce Department recently released the advance estimate of U.S. gross domestic product in the second quarter of 2014. Their data indicate that real GDP expanded by 4 percent in the second quarter. This rate of expansion was...

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Residential construction set for steady growth


July 31, 2014 10:27 am ET

After a sluggish start to the year, activity levels in the residential construction sector gained momentum in the second quarter of this year. The total number of new houses started in the United States actually declined slightly in the first...

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Strong manufacturing profits portend more M&A activity


July 15, 2014 2:40 pm ET

By now you have probably heard the disconcerting news about the negative economic growth in the first quarter of this year. But in case you have not, here is a recap: according to the latest data released by the Bureau of Economic Analysis, total...

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Economic confidence is up, but hold the celebration


June 25, 2014 4:17 pm ET

This past spring the U.S. economy marked the fifth anniversary of the current economic expansion. I choose to use the word “marked” rather than “celebrated” here because the pace of growth in the economy during the past five...

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Medical equipment output remains strong despite drop


June 10, 2014 12:33 pm ET

The Federal Reserve Board's monthly index that measures U.S. industrial production of medical equipment and supplies registered 120.8 in April (in 2002, it was 100). This value was down slightly from the previous month, but it represented a gain of...

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Despite recent data, recovery remains intact


May 29, 2014 12:52 pm ET

Just when it appeared we had escaped the icy grip of a harsh winter and were poised to take the next step forward in this economic recovery, we get a couple of data reports that suggest the recovery might have taken a step backward.

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U.S. demand for autos back on track for solid growth


May 12, 2014 12:55 pm ET

After a few lackluster months this past winter, U.S. demand for new autos has rebounded this spring.

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Construction sector could be getting its groove back


May 5, 2014 12:32 pm ET

After a shaky start in the first quarter of this year, the residential construction sector is now poised to regain upward momentum and get back on a track of steady growth.

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Plastics jobs continue their ever-so-gradual recovery


April 23, 2014 1:39 pm ET

According to data that is compiled and reported every month by the Bureau of Labor Statistics (BLS), the total number of jobs in the plastics processing industry increased by 1.7 percent in 2013. This followed annual increases of 1.6 percent in 2012 ...

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