Author Archives: LSAConnect

Economic Update 1-18-2022 Economic data for the week included continued historically-strong producer and consumer inflation readings, while retail sales came in weaker than expected. U.S. equity markets fell back last week, as investor continued to digest tighter monetary policy and … Continue reading →

Economic Update 1-10-2022 Economic data for the week included a disappointment in December nonfarm payrolls, although the unemployment rate continued to improve. ISM manufacturing and services both fell back for the month, but remained solidly in expansion. Minutes from the … Continue reading →

Economic Update 1-3-2022 For the final week of 2021, sparse economic data included a continued rise in national home prices, although pending sales fell back. Jobless claims continued to show downward improvement. Global equity markets ended the year on a … Continue reading →

Economic Update 12-27-2021 Economic data during the holiday week included a slight revision upward for Q3 U.S. GDP, and a slight improvement in consumer confidence. Durable goods orders and housing metrics were mixed. Global equity markets gained broadly last week, … Continue reading →

Economic Update 12-20-2021 Economic data for the week included the Federal Reserve announcing a faster pace in the tapering off of bond purchases, reflecting stronger growth and inflation pressures, as seen by last week’s high PPI number. Retail sales and … Continue reading →

Fed Note: The Federal Reserve Open Market Committee made no changes in interest rates today, as expected, staying at the target of 0.00-0.25%. However, in keeping with intensified market expectations in recent weeks (and signaled by the Fed itself), a … Continue reading →

Economic Update 12-13-2021 In a lighter week for economic data, releases included consumer price inflation reaching a 40-year high, while jobs statistics continued to show improvement. Global equity markets rose with waning concern over the severity of the Covid omicron … Continue reading →

Economic Update 12-06-2021 Economic data for the week included stronger manufacturing data and higher home prices, while consumer sentiment fell back a bit. The employment situation report came in far weaker than expected on a headline basis, although other data … Continue reading →

Economic Update 11-29-2021 In a holiday-shortened week, economic data included stronger personal income and spending, as well as recovering consumer sentiment, while durable goods orders fell back. Housing data was strong in both new and existing home sales. Global equity … Continue reading →

Economic Update 11-22-2021 Economic data for the week included strong reports for retail sales and industrial production, as well as a re-acceleration in manufacturing indexes. Housing data was mixed, while jobless claim improvement has flattened a bit as of late. … Continue reading →

Economic Update 11-15-2021 Economic data for the week included higher ongoing readings for producer and consumer price inflation—the latter rising at the fastest year-over-year rate in three decades. The trend in improving jobless claims also slowed, and consumer confidence fell. … Continue reading →

Economic Update 11-01-2021 Economic data for the week included weaker-than-expected U.S. GDP growth for the third quarter, and declines in durable goods orders and pending home sales. However, home prices, new home sales, consumer confidence, and jobless claims all improved. … Continue reading →