Category Archives: Economy

Moodys warns

In a quarterly Global Macro Outlook 2016-17 report released Thursday, the ratings agency said that growth prospects were being hammered by China’s slowdown, a slump in commodity prices and tighter financing conditions in some emerging markets.

Residential US electric bill

According to a recent release from the U.S. Department of Energy – Energy Information Administration (EIA), the average residential monthly electric bill was $110.21 in 2013. The most expensive utility bill for homeowners is the electric bill, accounting for approximately 9% of expenditure on housing according to NAHB tabulations of Bureau of Labor Statistics (BLS) data on consumer expenditures.

EIA-average-residential-electric-bill-PDF

In the news

April pending U.S. home sales in are highest in nine years.

U.S. unemployment claims climb to five-week high.

Puerto Rico approves hike in sales tax.  Could support muni bonds.