August 1, 2023
“Caterpillar revenue surged 22% in the second quarter as demand for its construction products rose despite higher prices. Total revenue increased to $17.32 billion, lifted by higher sales across all three of its major segments, compared with $14.2 billion in… Continue Reading…
August 29, 2022
“EDITOR’S NOTE: While Yellen’s re-definition and reframing of “recession” caused some controversy a few weeks back, there hasn’t been much pushback on recent data indicating that the housing market is experiencing a recessionary slide. So, what data might be indicating a… Continue Reading…
October 4, 2020
“The firm’s monthly private-sector jobs count showed growth of 749,000, ahead of the 600,000 expected from a Dow Jones economist survey… The ADP results are “incrementally positive” for the jobs outlook, said Goldman Sachs, which estimates nonfarm payroll growth of… Continue Reading…
July 17, 2020
“Construction of U.S. homes jumped 17.3% in June as some states reopened… The Commerce Department reported Friday that new homes were started at a seasonally adjusted annual rate of 1,186,000 in June after a modest recovery in May followed steep… Continue Reading…
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