AFP EconWatch--Weekly Economic Newsletter
AFP EconWatch, edited by Kevin Roth (Managing Director, Research), provides financial professionals every Monday morning with commentary on the latest economic news and the possible effects on their organization. The newsletter also incorporates This Week in Corporate Finance, a weekly column edited by Brian Kalish (Director, Finance Lead) reviewing the previous week's key finance news.
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It turns out that the U.S. economy grew even faster during the spring than previously thought. For the second time in two months, the Bureau of Economic Analysis upwardly revised its estimate of growth in the Gross Domestic Product (GDP), this time from a 4.2 seasonally adjusted annualized rate gain to an increase of 4.6 percent.(PDF, Log-in required)
Personal spending grew during August at its fastest rate since March, boosted by increased spending on vehicles and services. The Bureau of Economic Analysis estimates consumption grew 0.5 percent during the month and was up 4.1 percent from a year earlier.
September 22, 2014
September 15, 2014
September 8, 2014
September 1, 2014