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Economy

“US manufacturing flat in March, capping weak Q1”

“American manufacturing was flat in March, which was good news after sharp declines in the prior two months that combined for a dismal first quarter, the Federal Reserve reported Tuesday. That weak performance has contributed to fears about a slowing… Continue Reading…

Economy

“Federal Spending Hit 10-Year High Through March; Taxes Hit 5-Year Low”

“The federal government spent $2,198,468,000,000 in the first six months of fiscal 2019 (October through March), which is the most it has spent in the first six months of any fiscal year in the last decade, according to the Monthly… Continue Reading…

Banking, Business, Economy

“The federal budget posted a record monthly deficit in February”

“The U.S. posted its largest monthly budget deficit on record in February with a gap of $234 billion, breaking the previous $231.7 billion mark set in February 2012, Bloomberg reports. The big picture: According to Treasury data released Friday, the… Continue Reading…