Economic statistics are complicated, but when the government revises them, it’s not the result of politics.
This week, we’ll get reminders of the turbulent times in which we live. And that’s just the economy.
With baseball season now in full swing, the coming week’s lineup of economic reports features minor-leaguers. The best of the bunch is the government’s look at March retail sales, due Friday morning.
This week brings revised GDP for the fourth quarter, new home sales and consumer confidence.
The Fed meeting this week brought a couple of changes to the economic projections from the Federal Reserve. The projections are released four times per year and typically include forecasts for the direction of the gross domestic product, unemployment and inflation. This week’s new additions incorporate forecasts of the federal funds rate, including where participants
The stock market is a bit like the id in Freud’s theories. Pleasure-seeking and pain-avoiding, it reacts first and asks questions later. As a result, regular economic data reports can inspire whoops of enthusiasm or exaggerated despair in stock prices. Here’s a look at some of the economic reports coming out this week that could