Economy

NFIB: Small Business Optimism Jumped in May

A new report shows that small business owners are itching to get back to work. ...

Bob Adelmann June 9, 2020

U.S. Economy Peaked in February; Republican Consumers to Drive the Recovery

Bob Adelmann June 8, 2020

Predictions as to how long the recovery will last and when the economy will get back to full steam are a dime a...

Gun and Ammo Sales Spike Amid Coronavirus Fears and Civil Unrest

James Murphy June 5, 2020

Gun stores nationwide are reporting a sharp upsurge in sales amid first the COVID-19 scare and now the civil unrest occurring due to...

May’s Jobs Report Shows Strong Economic Recovery Underway

Bob Adelmann June 5, 2020

The jobs report showed the resiliency of the U.S. economy, contrasted with those predicting more job losses and higher unemployment. ...

Institute of Supply Management Says Purchasing Managers Are Guardedly Optimistic

Bob Adelmann June 1, 2020

The Purchasing Managers Index (PMI) showed that the economy is beginning to expand again. The only questions remaining are: "Just how strong will...

Estimated Worldwide Cost of COVID-19 Shutdown in the Trillions

Bob Adelmann May 19, 2020

Economists are predicting that the worldwide cost of the COVID-19 pandemic and related government shutdowns at anywhere from $3.3 trillion up to $82...

Trio of Reports for April Show Economy Might Be Turning Around

Bob Adelmann May 15, 2020

Three reports released on Friday give a glimmer of hope that the worst may be behind for the U.S. economy. ...

ADP Reports 20 Million Lost Their Jobs in April

Bob Adelmann May 6, 2020

According to national payroll processor ADP, the U.S. economy lost more than 20 million jobs last month. ...

Pending Home Sales Dropped 20 Percent in March; Realtors Are Coping

Bob Adelmann April 29, 2020

Given sufficient motivation, it's remarkable what realtors are able to accomplish, even during the shutdown. ...

Trump Announces Cautious Reopening of U.S. Economy

Bob Adelmann April 17, 2020

On Thursday, President Trump announced his “Opening up America Again” plan to reopen the economy in a three-phase, “science-based” strategy that he is...

More Than 5M File for Unemployment; 22M Since March 1. Professors: Jobless Rate 20 Percent

R. Cort Kirkwood April 16, 2020

More than five million Americans filed for unemployment last week, for a total of 22 million who have claimed unemployment benefits. Two professors...

One in 10 Americans Out of Work; That Number Likely to Grow

Bob Adelmann April 9, 2020

The one in 10 Americans filing for unemployment insurance are sure to be joined by more Americans before the unemployment number starts dropping. ...

Polls Show Business, Consumer Sentiment Suffering Under Coronavirus Shutdown

Bob Adelmann April 7, 2020

Polls are consistent: Consumer and business sentiment is taking a dreadful hit thanks to the “social distancing” and “sheltering at home” protocols put...