The widely expected second-quarter economic comeback arrived on schedule, as a report issued late last month showed that the nation’s gross domestic product had increased by 2.6% in the second quarter, up from a listless 1.2% pace tallied in the first three months.
The economic fundamentals remain largely supportive. On point, the past few weeks have seen notable recoveries in housing starts and building permits (up 8.3% and 7.4%, respectively, in June), reassuring stability in new and existing home sales, a solid upswing in consumer confidence, and a better-than-expected 0.6% increase in the leading economic indicators
The good news is coming on several fronts as the third quarter proceeds. First, the Institute for Supply Management reported a jump in manufacturing in June, boosted by a surge in new orders. Then, that trade group issued data showing a pickup in non-manufacturing, led, as well, by strengthening orders.
If you’re just starting to take charge of your financial future, it can be stressful approaching financial planning with confidence. Do you ever talk to your bank or financial manager and think that they’re speaking a foreign language?
The third quarter is likely to begin in much the same way that the second three months ended. That is, we expect some reports to show increasing economic strength, while others suggest the economy is proceeding less smoothly.
Smart-phones are less of an option these days and more of an extension of everyday life. Your phone is there for you when you need to know the weather, connect with your friends and colleagues, and when you just have to post that perfect Instagram of yesterday’s brunch.
Summer’s finally here. The sun is out, it’s warm, the days are longer, and your worries seem just a little bit further away. But, folks, I’m sorry to say, sometimes storms roll in on the sunniest of days.
First off, what even is an Individual Retirement Account (IRA)? Other than that retirement account you have through work an IRA is something you can set-up for yourself. An IRA is just a savings account that specially designed to help you save for retirement with specific tax advantages. There are two types of IRAs: Traditional and Roth.
Your student is planning on following in your footsteps and will be receiving that admissions letter of acceptance sooner than you think.