April 2015 – Economic Review
U.S. GDP growth for the first quarter was an unimpressive 0.2%. A large component of negative contributions can be traced to a stronger dollar in the first quarter.
The fall in oil prices, which are dollar-denominated, caused significant disruption to oil field activities. While oil production changed little, investment in new wells fell sharply.
In this issue:
- U.S. GDP Growth
- Rail Carloads
- Electricity Generation and Cost
- Market Returns as of April 30, 2015