Category Archives: Economic News

Weekly Economic Update

Economic Update 6-10-2019 Economic data for the week included positive results in ISM non-manufacturing, while ISM manufacturing lost a bit of ground for the prior month. The employment situation report for May also came in weaker than expectations. U.S. and … Continue reading

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

Weekly Economic Update

Economic Update 6-03-2019 During a shortened week, economic data consisted of a downwardly-revised but still-strong Q1 GDP report, continued low jobless claims, and mixed consumer confidence. Housing data was again mixed to a bit weaker. Equity markets around the world … Continue reading

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

Weekly Economic Update

Economic Update 5-28-2019 Economic data for the week included slightly disappointing housing sales, and weaker durable goods orders, but jobless claims that remained status quo at a strong cyclical level. Equity markets globally generally lost ground as trade tensions between … Continue reading

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

Weekly Economic Update

Economic Update 5-20-2019 Economic data for the week included weakness in retail sales and industrial production, while several regional manufacturing surveys, jobless claims, consumer sentiment, and housing stats came in stronger than expected. Equity markets in the U.S. and in … Continue reading

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

Weekly Economic Update

Economic Update 5-13-2019 Economic data for the week included ongoing mixed to lower reports for producer and consumer inflation, little changed conditions but lower demand for bank loans, and continued positive jobs markets and claims data. Equities fell across the … Continue reading

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

Weekly Economic Update

Economic Update 5-06-2019 Economic data for the week was characterized by a Federal Reserve meeting where policy was left unchanged. Positive data included a very strong employment situation report, and gains in consumer confidence, while the ISM services index tempered, … Continue reading

Posted in Economic News | Leave a comment

Fed Update

Fed Note: As predicted, today’s FOMC meeting ended with no change in policy, with all members on board with keeping the fed funds rate within a range of 2.25-2.50%. The formal statement was very little changed, noting continued strength in … Continue reading

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

Weekly Economic Update

Economic Update 4-22-2019 Economic data for the week included stronger-than-expected retail sales, jobless claims and a tighter trade deficit, several regional manufacturing indexes showed mixed results, while housing starts again struggled. In a shortened week, U.S. equity markets were mixed, … Continue reading

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

Weekly Economic Update

Economic Update 4-15-2019 In a light week for economic data, producer and consumer prices rose a bit more than expected on the headline side, due to higher recent energy prices. Positive news included jobless claims again reaching multi-decade lows, while, … Continue reading

Posted in Economic News | Leave a comment

Weekly Economic Update

Economic Update 4-08-2019 Economic data for the week featured a decline in ISM services, retail sales and durable goods orders, while the employment situation report showed decent recovery growth from poor winter results in prior months, ISM manufacturing measures rebounded … Continue reading

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

Weekly Economic Update

Economic Update 4-01-2019 Economic news for the week included a downward revision to last quarter’s economic growth in the U.S., mixed housing results, manufacturing sentiment and consumer sentiment, but a stronger trade balance. U.S. equity markets gained ground last week, … Continue reading

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

Fed Update

Fed Note: The March FOMC meeting ended as many predicted—with no change to the fed funds rate, which is currently set at 2.25-2.50%. Regardless, the meeting was closely watched in terms of how the Fed planned to communicate a stance … Continue reading

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