Category Archives: Economic News
Weekly Economic Update
Economic Update 1-13-2020 Economic data for the week included a stronger than expected ISM non-manufacturing/services survey. While the December employment data came a bit below expectations, it still showed decent growth. U.S. equity markets fared positively, as geopolitical strains … Continue reading
Weekly Economic Update
Economic Update 1-6-2020 Economic data for the turn of the New Year included mixed results in manufacturing, yet stronger construction and housing data, as well as continued strength in labor featured by low jobless claims. U.S. and foreign equity markets … Continue reading
Weekly Economic Update
Economic Update 12-30-2019 On a shortened holiday week, economic data was limited to weaker-than expected durable goods orders, mixed new home sales results and lower jobless claims. Global equity markets gained, with continued seasonal optimism, led by the risk-oriented segments, … Continue reading
Weekly Economic Update
Economic Update 12-23-2019 In a heavier week for economic releases, housing data came mixed but on a stronger trend as of late, industrial production increased more than expected, while manufacturing was mixed, as was labor data. U.S. equity markets gained … Continue reading
Weekly Economic Update
Economic Update 12-16-2019 Economic news for the week included the Federal Reserve keeping interest rates unchanged following their monetary policy meeting, as expected. Consumer inflation came in slightly higher than forecasts, while producer prices disappointed, and retail sales were positive … Continue reading
Weekly Economic Update
Economic Update 12-09-2019 Economic data for the week included a sharply better than expected employment report for November, as well as stronger consumer sentiment, yet weaker readings for both ISM manufacturing and services data, although the latter survey remained … Continue reading
Weekly Economic Update
Economic Update 12-02-2019 In a shortened holiday week, economic data releases included an upward revision for Q3 GDP, stronger durable goods orders, lower jobless claims, and continued mixed but somewhat encouraging results in housing. U.S. and foreign equity markets gained … Continue reading
Weekly Economic Update
Economic Update 11-25-2019 During the week, several housing metrics continued to show improvement, although still a bit below expectations, coupled with positive consumer sentiment. On the other, the index of leading economic indicators declined again, reflecting a general tempering in … Continue reading
Weekly Economic Update
Economic Update 11-18-2019 Economic data for the week included slightly higher-than-expected consumer and producer price inflation, positive retail sales and regional manufacturing data, while import prices declined. U.S. equity markets ended the week as the best performers, with a positive … Continue reading
Weekly Economic Update
Economic Update 11-11-2019 In a light week for economic data, ISM non-manufacturing sentiment strengthened beyond expectations, while labor data was mixed, but remained generally positive. Global equity markets rose in value during the week, with slightly better-than-expected economic results and … Continue reading
Weekly Economic Update
Economic Update 11-04-2019 Economic data during the week included the Federal Reserve lowering key interest rates by a quarter-percent for the third straight time. Insofar as data was concerned, several manufacturing metrics continued to show contraction, while housing/construction and the … Continue reading
Fed Note
The Federal Reserve Open Market Committee decided to cut interest rates a third time, by another 0.25%, to a new range of 1.50-1.75%. As with the two prior cuts in recent months, this move was controversial. The economic community was … Continue reading
