When the Roman poet Phaedrus cautioned that "things are not always what they seem; the first appearance deceives many," he could easily have been describing the latest report on the U.S. economy.
While most eyes were focused on the better-than-expected gross domestic product data for last year’s fourth quarter, this week’s report from the Commerce Department’s Bureau of Economic Analysis also included details on U.S. personal income.
When looking at the GDP report, and trying to look at what is driving growth, it is important to keep in mind that now all parts of GDP are of equal size, and thus equal importance. Furthermore, some parts of GDP tend to be very stable, while others ca…
New Home Sales fell 7.6% in December from November to a seasonally adjusted annual rate of 342,000. This was well below the consensus estimate of a 366,000 annual rate and even 8.6% below the year ago rate of 374,000. The major consolation in the repor…
The IMF released its update to the World Economic Outlook – a respected, useful and comprehensive report on the progress and prospects of the global economy. This article provides a brief analysis of some of the key points of the update in the usual Ec…
LAS VEGAS, Jan. 27 /PRNewswire-FirstCall/ — Patriot Gold Corp. (OTC Bulletin Board : PGOL) today announced completion of a resource study at its Moss Mine Gold Project located 10 miles east of Bullhead City, Arizona and approximately 70 miles southeas…
COSTA MESA, Calif., Jan. 27 /PRNewswire/ — Experian®, the global information services company, today announced the availability of a Market Insight Snapshot report that provides a powerful and descriptive portrait of identity fraud victims.
Leve…
Statement from The National Campaign to Prevent Teen and Unplanned Pregnancy
WASHINGTON, Jan. 26 /PRNewswire-USNewswire/ — The nation’s teen pregnancy rate rose 3% in 2006, according to a report released today by the Guttmacher Institute. The increase…
CLEVELAND, Jan. 26 /PRNewswire/ — The 2009 Venture Capital Report for the Cleveland Plus Region announces that between 2005 and 2009, $1.1 billion has been invested by venture capitalists and angel investors in 183 unique companies in the region. In t…
NEW YORK, Jan. 25 /PRNewswire/ — According to a new report released today by PricewaterhouseCoopers LLP (PwC), the debate over patent reform has become more strident in the past few years as many of the world’s largest companies face increasing threat…