Category Archives: Economic News

Economic Update 9-02-2025 Economic data for the week included U.S. GDP growth for the 2nd quarter being upgraded a bit, and continued growth in personal income and spending. On the weaker side were durable goods orders, home prices, and consumer sentiment. … Continue reading →

Economic Update 8-25-2025 Economic data included gains in existing home sales and housing starts, while the index of leading economic indicators continued to move in a negative direction. Fed Chair Powell’s comments at their Jackson Hole symposium pointed to higher … Continue reading →

Economic Update 8-20-2025 Economic data for the week included inflation data that came in more robustly than expected, especially on the producer side. Positive news came from a gain in retail sales, offsetting a drop in industrial production and weaker … Continue reading →

Economic Update 8-11-2025 Economic data was light, and included a slight decline in ISM services, toward neutral, while jobless claims continued to tick up a bit. Equities gained worldwide last week, with international outpacing U.S. by a bit. Bonds were … Continue reading →

Economic Update 8-06-2025 Economic data included the Federal Reserve keeping interest rates steady for another meeting. On the positive side, U.S. GDP saw strong growth for the second quarter (albeit with caveats), and consumer sentiment improved. However, the employment situation … Continue reading →

Economic Update 7-28-2025 Economic data for the week included strength in S&P services PMI, and new home sales; these offset weaker results in S&P manufacturing PMI, durable goods orders, existing home sales, and the well-watched index of leading economic indicators. … Continue reading →

Economic Update 7-14-2025 In a strangely light week for economic news, jobless claims were mixed, while the FOMC minutes from the June meeting pointed to a continued ‘wait and see’ mindset around potential tariff inflation impacts and labor market conditions. … Continue reading →

Economic Update 7-7-2025 In a holiday-shortened week, economic data included improvement in both ISM manufacturing and services surveys. The monthly employment situation report was positive at the surface, but skewed by a few categories within it, muting the impact. Equities … Continue reading →

Economic Update 6-30-2025 Geopolitical events continued to dominate last week, with a strong U.S. missile attack on Iranian nuclear facilities, followed by a limited retaliatory response, and ceasefire. Economic data included a downward revision for Q1 U.S. GDP and higher … Continue reading →

Last week’s news featured the Federal Reserve keeping short-term policy interest rates steady at their June meeting. Economic data included weaker retail sales, industrial production, housing starts, and the index of leading economic indicators. Jobless claims were little changed. Equities … Continue reading →

Economic Update 6-16-2025 Economic data included consumer and producer price inflation coming in a bit cooler than expected, although both remain above long-term trend. Consumer confidence also improved, in keeping with paused tariff policies. However, continuing jobless claims kept rising, … Continue reading →