Understanding the ADP National Employment Report
The ADP National Employment Report is a widely followed economic indicator that provides insights into the state of the labor market in the United States
Analyst Team
Understanding Construction Spending
Construction spending holds significant importance in driving economic recovery. During times of economic downturn, increased construction spending can stimulate the economy by creating jobs, boosting consumer spending, and generating demand for construction materials and services
Understanding the Beige Book Advantage
The Beige Book is compiled based on information gathered through surveys and interviews conducted by each Federal Reserve District. These reports are then analyzed to provide a comprehensive overview of the economic landscape
Understanding Gross Domestic Product (GDP)
Gross Domestic Product, or GDP, is a widely used economic indicator that measures the total value of all goods and services produced within a country’s borders during a specific period. It serves as a measure of a country’s economic activity and is often used as a gauge of its overall economic health
Understanding Economic Indicators in Forex Trading
Economic indicators are statistical measurements that provide information about the economic activity of a country. They serve as a barometer for assessing the overall health and performance of an economy. Economic indicators can range from macroeconomic indicators that reflect the overall state of the economy
Understanding Housing Starts in Forex Trading
Housing starts refer to the groundbreaking or commencement of construction on new residential buildings, such as single-family homes, townhouses, and apartment complexes
What’s The Difference Between Headline CPI & Core CPI?
Here we will explore these two inflation measures in greater detail, including their definitions, calculations, and components. Understanding the dissimilarities between headline CPI and core CPI is essential for interpreting CPI releases accurately and incorporating the data into your fundamental analysis
Understanding Claimant Count
The Claimant Count is a measure of the number of people who are claiming unemployment-related benefits in a particular country or region. It serves as an important gauge of the labor market’s health and can provide insights into the overall economic conditions
Understanding Factory Orders
Factory orders refer to the demand for manufactured goods placed by businesses, institutions, and consumers. These orders provide valuable insights into the health and performance of the manufacturing sector. Factory orders encompass both durable goods and non-durable goods
Understanding EIA Crude Oil Inventories in Forex Trading
The EIA Crude Oil Inventories refer to the weekly report released by the U.S. Energy Information Administration (EIA), which provides data on the total amount of crude oil held in storage by commercial firms in the United States