Tag Archives: LSA

Weekly Economic Update

Domestic markets continued higher, with additional Fed promises of more accommodative policy, but were outshined by many foreign names.  Several more speculative areas that performed well last year, such as biotech and social media, have experienced negative results as of … Continue reading

Posted in Economic News | Tagged , , , , , , , | Leave a comment

Weekly Economic Update

Economic data remained mixed, but some of the winter effects of the past few months appear to be dissipating.  An important test in coming weeks/months will be how the much more extreme-than-average winter normalizes and if economic data can similarly … Continue reading

Posted in Economic News | Tagged , , , , , , , | Leave a comment

Weekly Economic Update

Just in time for spring break, last week’s economic data seem to suggest that the economy is bouncing back after two months’ of extreme weather. (-/0) Empire State Manufacturing Survey in March suggested business conditions for New York manufacturers continue … Continue reading

Posted in Economic News | Tagged , , , , , , | Leave a comment

Weekly Economic Update

U.S. retail sales growth was up slightly, but one of the better performances since the fall of last year.  It continues to appear that a ‘weather’ effect has taken place, but perhaps lessened in recent weeks. Concerns over the Ukraine/Russia … Continue reading

Posted in Economic News | Tagged , , , , , , , | Leave a comment

Weekly Economic Udpate

(+) The ISM manufacturing index rose from 51.3 in January to 53.2 in February, which beat expectations by about a point and reversed last month’s decline.  However, details were mixed with new orders and inventories up several points, employment flat … Continue reading

Posted in Economic News | Tagged , , , , , , , | Leave a comment

Weekly Economic Update

(-) The second estimate of 4th quarter GDP was a disappointment, although many watchers expected as much—the initial estimate of +3.2% was revised down to +2.4% (a tenth lower than the expected revision).  The majority of the difference came from … Continue reading

Posted in Economic News | Tagged , , , , , , | Leave a comment

Weekly Economic Update

On a holiday-shortened week, we ended up with a few noteworthy reports. (-) The Empire manufacturing survey for February came in positive at +4.5, but weaker than the expected +8.5 (and lower than January’s +12.5).  In the details of the … Continue reading

Posted in Economic News | Tagged , , , , , , | Leave a comment

Weekly Economic Update

The week was highlighted by a fair number of important industrial reports, as well as the closely-watched Fed meeting.  Unfortunately, there wasn’t enough decent news to offset emerging market-led concerns. (+/0) As we recapped separately mid-week, the FOMC continued the … Continue reading

Posted in Economic News | Tagged , , , , , | Leave a comment

Weekly Economic Update

After a fairly busy week, the MLK holiday led off a quieter one in terms of economic data releases. (-) The Markit manufacturing PMI fell from 55.0 in December to 53.7 in January (versus expectations for an unchanged reading).  Within … Continue reading

Posted in Economic News | Tagged , , , , , , | Leave a comment

Weekly Economic Update

It was a very busy week in regard to economic releases, so we had to be a bit brief for a few of the less critical pieces. (+) Retail sales for December came in stronger than anticipated on a relative … Continue reading

Posted in Economic News | Tagged , , , , | Leave a comment

Weekly Economic Update

(+) The ISM Manufacturing survey came in stronger than expected for December, at 57.0 versus a forecasted 56.8, but was a bit lower than November’s 57.3 result.  Underlying data was similarly strong, little changed from the prior month, with higher … Continue reading

Posted in Economic News | Tagged , , , | Leave a comment

Weekly Economic Update

During the holiday-shortened week, we received a small dose of economic data.  For the most part, the news was positive: consumer confidence rebounded while shopping for the holiday season, a stronger than expected number of durable goods orders in November, … Continue reading

Posted in Economic News | Tagged , , , | Leave a comment