Kathleen Madigan News

 
Forecasters Flying Blind When Predicting Repercussions of Greek Exit
Wall Street Journal (blog)
By Kathleen Madigan Economic computer models typically depend on the past to forecast the future. The possibility of Greece leaving the euro zone is an exception to the rule because no nation has exited before. Certainly, the Greek and European ...

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Kansas City Fed Reports Rebound in Region's Manufacturing
Wall Street Journal (blog)
By Kathleen Madigan Manufacturing activity in the Federal Reserve Bank of Kansas City's district this month recovered all the ground lost in April, according to a report released by the bank Thursday. The Kansas City Fed's manufacturing composite ...
Kansas City Fed May Manufacturing Index Rebounds To 9NASDAQ

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New Gauge Shows US Factory Growth Slowing
Wall Street Journal (blog)
By Kathleen Madigan The flash purchasing managers' index compiled by data provider Markit dropped to 53.9 in May from 56.0 in April, according to an economist who has seen the numbers. The Markit report said the index is the lowest since February.

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Investors Help Lift Home Demand, But Not Prices
Wall Street Journal (blog)
By Kathleen Madigan Demand for housing continues to show signs of stabilizing, as evidenced by the gain in sales of existing and new homes in April. Cheap mortgage rates, some loosening of credit conditions and better job growth are pulling buyers into ...

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Richmond Fed: May Manufacturing Index Declines
Wall Street Journal (blog)
By Kathleen Madigan Economic activity among manufacturers in the central Atlantic region is slowing this month, the Federal Reserve Bank of Richmond reported Tuesday. The service sector reported falling revenue this month. Employment improved in both ...

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Structural Unemployment Would Affect Both Sides of Fed Mandate
Wall Street Journal (blog)
By Kathleen Madigan Over the past few months, Federal Reserve Chairman Ben Bernanke and other Fed officials have wondered how many of the millions who lost their jobs during the Great Recession are morphing into structural unemployed.

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US May Flash PMI Falls To 53.9 In May Vs 56.0 In April -Markit
NASDAQ
By Kathleen Madigan, Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- A new gauge covering the US factory sector shows activity slowing in May. The flash purchasing managers' index compiled by data provider Markit dropped to 53.9 in May from 56.0 in April ...

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