Durable Goods Down; Home Sales, Confidence Up
What message are economic data sending? It's hard to tell.
Home Construction to Boost U.S. Economy in 2015?
Janet Yellen is disappointed with the housing market, but many economists see it as a pivotal engine of growth this year.
China Growth Weakest in 24 Years
China's GDP expanded 7.4% in 2014, and declining investment in infrastructure and property could lead to an even slower 2015.
Risks to Outlook ‘Tilted to the Downside’: World Bank
Once again, the World Bank chops some basis points off global economic growth projections, describing the euro zone and Japan as "sputtering."
Purchasing Data Show Slowing Expansion Globally
The JPMorgan Global All-Industry Output Index hit a 14 month-low, hindered by output contraction in France, Italy, Russia and Brazil.
OECD Links Income Inequality to Weaker Growth
The evidence proves "that addressing high and growing inequality is critical to promote strong and sustained growth," says the OECD secretary general.
Past-Due Payments Signal Slower 4Q GDP Growth
Euler Hermes says business payment behavior suggests U.S. GDP may slow to 3% this quarter.
IMF Trims 2015 Growth Forecast to 3.8%
In addition, the financial markets of some advanced economies may be overheating, increasing the risk of an equity price correction this year, says the IMF.
Forecast for Equipment and Software Spending Rises
The Equipment Leasing & Finance Foundation points to a solidifying economic recovery and widespread availability of credit.