National Income and Product Accounts Gross Domestic Product: Less Than One Percent First Quarter 2017

National Income and Product Accounts Gross Domestic Product: Less Than One Percent First Quarter 2017

Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 0.7 percent in the first quarter of 2017 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2016, real GDP increased 2.1 percent. The Bureau emphasized that the first-quarter advance estimate released today […]

45% of Americans Chose Smartphones, Cars or Vacations Over Financial Security (Vacation Destinations Thank You!)

45% of Americans Chose Smartphones, Cars or Vacations Over Financial Security (Vacation Destinations Thank You!)

Windsor, CT…A new consumer survey by Voya Financial’s Annuities and Individual Life businesses revealed that many Americans might be willing to risk their financial security to keep some of their most-valued items. In fact, nearly half (45%) of Americans surveyed were willing to give up their financial security if it meant keeping either their smartphones, […]

Edward Jones Partners With SixThirty To Support Financial Technology Startups

Edward Jones Partners With SixThirty To Support Financial Technology Startups

St. Louis, MO….Financial services firm Edward Jones today announced a multi-year partnership with SixThirty, a St. Louis-based venture fund that invests in financial technology (FinTech) startup companies. Backed by the St. Louis Regional Chamber, SixThirty was founded in 2013 and to date has funded more than 25 startups across the globe. Edward Jones Chief Information […]

Eighteen Year Netflix Veteran Neil Hunt Retiring Mid-Year, Greg Peters to Become Netflix Chief Product Officer

Eighteen Year Netflix Veteran Neil Hunt Retiring Mid-Year, Greg Peters to Become Netflix Chief Product Officer

Los Gatos, CA…Netflix Inc. announced yesterday that Greg Peters will become Chief Product Officer in July, assuming the role from Neil Hunt, who for the last eighteen years has led the product team which designs, builds, and delivers the Netflix experience. Peters most recently has led international development efforts from the Netflix office in Tokyo […]

Private Sector Employment Increased by 263,000 Jobs in March According To ADP

Private Sector Employment Increased by 263,000 Jobs in March According To ADP

Roseland, NJ…Private sector employment increased by 263,000 jobs from February to March according to the March ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics. The report, which is derived from ADP’s actual […]

U.S. Census Bureau Daily Feature for March 29: Mom and Pop Businesses

U.S. Census Bureau Daily Feature for March 29: Mom and Pop Businesses

Washington, DC…Following is the daily “Profile America” feature from the U.S. Census Bureau: Profile America — Wednesday, March 29th. While shoppers and communities often welcome the opening of a major department store or a branch of a big-box chain, they are also the cause of some concern. Small local businesses face greater competition, yet those […]

Majority of U.S. Counties See Uninsured Rate for the Under Age 65 Population Drop From 2014 to 2015.

Majority of U.S. Counties See Uninsured Rate for the Under Age 65 Population Drop From 2014 to 2015.

Washington, DC…The following tip sheet was released today by the U.S. Census Bureau: The estimated uninsured rate for adults under age 65 decreased in 71.3 percent of the nation’s counties (2,239 counties) from 2014 to 2015, according to new statistics released today from the U.S. Census Bureau. Uninsured rates decrease for most counties from 2014 […]

Consumer Confidence Index Increased Sharply in March, Index Now at 27-Year High.

Consumer Confidence Index Increased Sharply in March, Index Now at 27-Year High.

New York, NY…The Conference Board Consumer Confidence Index®, which had increased in February, improved sharply in March. The Index now stands at 125.6 (1985=100), up from 116.1 in February. The Present Situation Index rose from 134.4 to 143.1 and the Expectations Index increased from 103.9 last month to 113.8. The monthly Consumer Confidence Survey®, based […]

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