Auto Industry Rebound Fires Animal Spirits
A survey of some 200 auto industry executives by Booz & Co. finds that 94% of the auto maker executives and 92% of automotive-technology-supplier executives are bullish.
Richmond Fed: May Manufacturing Index Declines
Economic activity among manufacturers in the central Atlantic region is slowing this month, the Federal Reserve Bank of Richmond reported Tuesday.
Secondary Sources: U.S.-Europe Work Hours, War on Data, Factory Puzzle
A roundup of economic news from around the Web.
Philly Fed Manufacturing Report Disappoints
Mid-Atlantic manufacturers said business conditions unexpectedly contracted in May, the first negative reading in 8 months, according to a release by the Philadelphia Fed.
Vital Signs: Strong Industrial Production
The Federal Reserve’s Industrial Production Index -- which measures the output of factories, mines and utilities -- rose 1.1% from March.
Has Canada Contracted Dutch Disease?
Asking whether Canada's economy is suffering from Dutch disease is a bit like asking whether the country's red-hot housing sector is in the midst of a bubble. It's hard to call definitely until you hear the pop.
Stagnant Wages Limit Consumer Spending
Hourly pay and hours worked flat-lined, meaning real weekly pay was unchanged in April. Since peaking in October 2010, real pay has declined by 1.2%.
