German Business Climate at Record High

      Fletcher Mangum
      Post by Fletcher Mangum
      May 23, 2017
      Results of the German Center for Economic Studies' May 2017 Ifo Business Climate Survey show a high level of economic optimism among German businesses. The Ifo Business Climate Index rose to a record high of 114.6 points from a previous level of 113 points last month, the ...
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      Lower New Home Prices Aren't Enough to Sell More Houses

      Fletcher Mangum
      Post by Fletcher Mangum
      May 23, 2017
      According to data from the U.S. Census Bureau, new home sales fell in April by 11%, dropping to a seasonally adjusted annual ...

      Fair Warning for Economic Developers on the High Risks of the Internet of Things

      David Zorn
      Post by David Zorn
      May 23, 2017
      The International Data Corporation estimates that there were 15 billion Internet of Things (IoT) endpoints at the end of ...

      Overall and for Manufacturing in Particular the US Labor Market Tightens

      Fletcher Mangum
      Post by Fletcher Mangum
      May 19, 2017
      The US Labor Department reported that jobless benefits fell slightly in the second week of May 2017, reflecting tightness in ...

      UK Retail Sales Rise in April

      Fletcher Mangum
      Post by Fletcher Mangum
      May 19, 2017
      According to a report by the UK's Office for National Statistics covering retail sales in Great Britain for April 2017, the ...

      EIA Reports that Crude Oil Stocks Decreased Last Week

      Fletcher Mangum
      Post by Fletcher Mangum
      May 17, 2017
      According to a weekly update by the Energy Information Administration, US refineries produced 363,000 more barrels per day ...

      UK Employment Continued to Rise in the First Quarter

      Fletcher Mangum
      Post by Fletcher Mangum
      May 17, 2017
      According to the Labour Market Report from the UK's Office of National Statistics, the number of workers in Great Britain ...

      Mixed Economic Reports in the US

      Fletcher Mangum
      Post by Fletcher Mangum
      May 16, 2017
      Housing starts in April fell by 2.6% from March and came in significantly below expectations given the relatively strong ...

      Modest Growth Across Europe

      Fletcher Mangum
      Post by Fletcher Mangum
      May 16, 2017
      According to the UK's Office for National Statistics the Consumer Price Index annual inflation rate in Great Britain was ...

      A 210-Acre Silver Cloud comes to Henrico County

      Fletcher Mangum
      Post by Fletcher Mangum
      May 16, 2017
      A former chip manufacturing plant with over 1,000,000 sq ft of building on 210 acres in Henrico county is the site of a new ...
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