Showing posts with label economic outlook. Show all posts
Showing posts with label economic outlook. Show all posts

Financial Updates for The First Week of November

Here's the breakdown of the current market indicators for your review

 DateTime (ET)ReleaseForConsensusPriorImpact
Tu
Nov 5
10:00ISM ServicesOct54.054.4Moderate
W
Nov 6
10:00Leading Economic Indicators (LEI)Sep0.6%0.7%Moderate
W
Nov 6
10:30Crude Inventories11/2NA4.087MModerate
Th
Nov 7
08:30Initial Unemployment Claims11/2335K340KModerate
Th
Nov 7
08:30Continuing Unemployment Claims10/262.863M2.881MModerate
Th
Nov 7
08:30GDP–AdvancedQ31.9%2.5%Moderate
Th
Nov 7
08:30GDP Chain Deflator–Adv.Q31.4%0.6%Moderate
F
Nov 8
08:30Average WorkweekOct34.434.5HIGH
F
Nov 8
08:30Hourly EarningsOct0.2%0.1%HIGH
F
Nov 8
08:30Nonfarm PayrollsOct100K148KHIGH
F
Nov 8
08:30Unemployment RateOct7.3%7.2%HIGH
F
Nov 8
08:30Personal IncomeSep0.2%0.4%Moderate
F
Nov 8
08:30Personal SpendingSep0.2%0.3%HIGH
F
Nov 8
08:30Core PCE PricesSep0.1%0.2%HIGH
F
Nov 8
09:55Univ. of Michigan Consumer SentimentNov75.373.2Moderate
 

San Antonio Tops for Global Trade

Global Trade Magazine has named Texas its top state for global trade in the nation. Texas, which has led the nation in exports for the past 11 consecutive years, beat out Florida and California this year for the magazine’s top honor.

 “Over the last 10 years, Texas has built one of the best job creation climates in the nation by committing to low taxes, smart and predictable regulations, fair courts and a maintaining a highly-skilled and educated workforce,” says Texas Gov. Rick Perry. “This combination has not only attracted businesses of all sizes from around the world, it has also given Texas the opportunity to grow and thrive.”

Global Trade conducted a survey that compared production volume of small and midsize companies, which the magazine defined as a firm with fewer than 500 employees. The survey ranked each state by the quality of its infrastructure and regulatory hurdles placed on its companies. “Texas’ success is no doubt a sum of its parts,” Global Trade wrote. “Its excellent infrastructure, its commitment to low regulatory burdens and the wealth of global enterprises already established among its many cities all make the state the undisputed frontrunner for global trade.”

In a separate report, the magazine also named six Texas cities in its top 25 best cities for global trade. Houston took the top spot, followed by San Antonio, Dallas, Corpus Christi, Brownsville and Beaumont.

Source: SA Business Journal