Category Archives: Economic News
Weekly Economic Update
Economic Update 9-14-2020 On a holiday-shortened week, economic data included a tick upward in producer and consumer inflation, although levels remain tempered. Employment data remained mixed. U.S. equity markets declined last week, as profit-taking in certain higher-growth stock groups … Continue reading
Weekly Economic Update
Economic Update 9-8-2020 Economic data last week included mixed but generally pointed to expansion for manufacturing and services releases, as well as a better-than-expected employment situation report for August. U.S. and foreign equities both fell back last week, as … Continue reading
Weekly Economic Update
Economic Update 8-31-2020 Economic data for the week included higher than expected durable goods orders, continued strength in house prices and new home sales, and largely stable elevated levels of jobless claims. Global equity markets gained last week upon hopes … Continue reading
Weekly Economic Update
Economic Update 8-24-202 Economic data for the week included strength in a variety of housing metrics, continued improvement in a broad index of leading economic indicators, but a pullback in several regional manufacturing indexes. U.S. equity markets gained upon continued … Continue reading
Weekly Economic Update
Economic Update 8-17-2020 Economic data for the week included further gains in retail sales, and industrial production, among other measures. Consumer sentiment and jobs results also showed improvement, all of which look to a stronger showing for the third … Continue reading
Weekly Economic Update
Economic Update 8-10-2020 Economic data for the week included strength in ISM manufacturing and non-manufacturing surveys, a better-than-expected employment situation report for July, and a slight improvement in jobless claims. Global equity markets inched higher last week with improved economic … Continue reading
Fed Note
The Federal Reserve made no key policy changes in their July meeting, as expected, keeping the fed funds rate at the lower bound of 0.00-0.25%. Earlier this week, the pandemic-based emergency liquidity/lending programs were extended until at least the end … Continue reading
Weekly Economic Update
Economic Update 7-27-2020 Economic data for the week included stronger results for housing prices and sales activity, some of which was due to continued tight inventories. The index of leading economic indicators also showed signs of improvement. However, jobless claims … Continue reading
Weekly Economic Update
Economic Update 7-20-2020 Economic data last week included rebounds in retail sales, industrial production, and housing. Inflation metrics also showed a small creep up on prices for certain goods. Manufacturing data was mixed, while consumer sentiment weakened slightly. Equities in … Continue reading
Weekly Economic Update
Economic Update 7-13-2020 A light calendar of economic data for the week included a record increase in non-manufacturing, lower producer prices, and stronger job openings. Global equity markets rose last week, as stronger economic data outweighed mixed results of pandemic … Continue reading
Weekly Economic Update
Economic Update 7-6-2020 On a shortened holiday week, economic data included sharp improvement in manufacturing, as well as in the June employment situation report. Housing and consumer confidence also showed promise, as a variety of data points appear to … Continue reading
Weekly Economic Update
Economic Update 6-29-2020 Economic data last week included higher than expected durable goods orders, along with mixed housing and jobless claims data. Inflation results remain tempered, as expected from low consumer demand. U.S. equity markets fell sharply last week with … Continue reading
