Author Archives: LSAConnect

Economic Update 12-23-2024 Economic data in a busy pre-holiday week included the Federal Reserve cutting interest rates, as expected, although assumptions for next year have tightened. U.S. GDP for Q3 was revised higher by several tenths, while retail sales rose … Continue reading →

Economic Update 12-16-2024 Economic data included consumer price inflation rising, but at a similar pace to the prior month, while producer price inflation ticked up at a faster pace. Equities were mixed to down globally, with some positivity in U.S. … Continue reading →

Economic Update 12-9-2024 Economic data included slight improvement in ISM manufacturing, but a slight deterioration in ISM services. The November employment report saw gains, as negative one-off conditions from the prior month normalized, although the unemployment rate rose a bit. … Continue reading →

Economic Update 11-18-2024 Economic data for the week included declines in retail sales and industrial production, while producer and consumer inflation remained sticky—especially on the shelter side. Equities lost ground across the board last week, as the post-election rally faded … Continue reading →

Economic Update 11-11-2024 Economic news for the week included the U.S. Federal Reserve cutting the Fed funds rate by another quarter-point. In terms of data, ISM services ticked higher, remaining in strong expansion, and productivity saw gains in Q3, although … Continue reading →

After a long campaign season, with key policy points discussed ad nauseum, the following serves as a status update of several more economically-oriented issues. Considering that major policy changes tend to require Congressional approval, the outcomes of the Senate and … Continue reading →

Economic Update 11-04-2024 Economic data for the week included U.S. GDP growth showing another strong quarter, as did personal income and spending. Manufacturing data continued to contract, as has been the trend over the past several years. The monthly employment … Continue reading →

Economic Update 10-28-2024 Economic data for the week included a decline in overall durable goods, mixed results in housing sales, as well as higher continuing jobless claims, due to a variety of weather and labor issues.   Equities declined globally, with … Continue reading →

Economic Update 10-21-2024 Economic data for the week was mixed, with positive reports for retail sales, while industrial production and housing starts declined. Jobless claims were decent, considering the negative weather- and labor-related impacts. Equities were mixed globally, with gains … Continue reading →

Economic Update 10-14-2024 Economic data for the week included consumer inflation coming in better on the headline side, but remaining sticky on the core side, while producer prices continued to show moderation. Jobless claims rose following consecutive hurricanes impacting the … Continue reading →