Author Archives: LSAConnect

Economic Update 2-22-2022 Economic data for the week included retail sales that came in higher than expected, as well as gains in industrial production, mixed regional manufacturing sentiment and housing metrics, and a slight pullback in the index of leading … Continue reading →

Economic Update 2-14-2022 In a light week for economic data, consumer price inflation came in higher than expected, again reaching new multi-decade levels. Consumer sentiment worsened, while jobless claims continued to show improvement. U.S. equity markets fell back with continued … Continue reading →

Economic Update 2-07-2022 Economic data for the week included a much stronger than expected employment situation report for January, as well as a pullback in the ISM manufacturing and services indexes, although the two still lie solidly in expansion. Global … Continue reading →

Economic Update 1-31-2022 Economic data for the week included the Fed signaling upcoming rate hikes, a stronger-than-expected GDP growth report for Q4, and robust housing data, but a weaker durable goods report. U.S. equity markets ended mixed to higher in … Continue reading →

Fed Note: The Federal Reserve Open Market Committee made no changes in interest rates today, as expected, staying with the target of 0.00-0.25%. But, times are changing. The formal statement language was significantly simplified from December, that economic activity and … Continue reading →

Economic Update 1-24-2022 Economic data for the holiday-shortened week included mixed regional manufacturing results and housing data, higher jobless claims, but continued gains in the index of leading indicators. U.S. equity markets, especially the Nasdaq-heavy group of technology stocks, fell … Continue reading →

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 →