Category Archives: Economic News

Weekly Economic Update

Economic Update 5-09-2016 Economic data for the week was highlighted by continued mixed results in manufacturing, but stronger non-manufacturing/services data.  The employment situation report for April was a bit of a disappointment, mostly due to the doubt it casts on … Continue reading

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Weekly Economic Update

Economic Update 5-02-2016 As expected, the FOMC didn’t take any interest rate policy moves following their April meeting, while 1stquarter GDP came in a bit lower than expected, manufacturing data continued to show some ongoing weakness, while housing reports were decent. Stocks … Continue reading

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Fed Note

Fed Note: No policy action was taken at today’s Federal Open Market Committee meeting, which was the unanimously expected result.  The FOMC statement acknowledged stronger labor activity and housing, while also the negatives of slowing general economic growth as well as continued weak … Continue reading

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Weekly Economic Update

Economic Update 4-25-2016 Economic data for the week was focused on several housing stats, including higher home prices, existing home sales but lower starts and building permits.  Jobless claims fell to multi-decade lows, which was good news for the labor market. … Continue reading

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Weekly Economic Update

Economic Update 4-18-2016 Economic data for the week was plentiful but mixed, with neutral results from retail sales and inflation, weaker industrial production and consumer sentiment but strength in some manufacturing results. Equity markets gained ground with higher oil prices … Continue reading

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Weekly Economic Update

Economic Update 4-11-2016 In a relatively quiet week for economic data, ISM services showed further improvement into expansionary territory, and some jobs data offered a decent showing, with lower claims and stronger hiring and quits activity in the governments JOLTs report. Equity … Continue reading

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Weekly Economic Update

Economic Update 4-04-2016 Economic data for the week was highlighted by a turnaround in manufacturing, decent housing reports and a generally positive but uneventful employment situation report. Equity markets gained on the week with decent economic data, while bonds also … Continue reading

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Weekly Economic Update

Economic Update 3-28-2016 A slow week for economic releases included a slowing in durable goods orders, mixed housing data, and GDP for the 4thquarter of last year that was revised upward slightly from an earlier estimate. Equity markets declined globally … Continue reading

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Weekly Economic Update

Economic Update 3-21-2016 Economic news was led by the Fed’s decision to hold back on any rate changes, while sounding a bit more dovish than in recent meetings. Manufacturing activity has bounced back somewhat, seen through better survey results.  Inflation remains muted, … Continue reading

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Fed Note

Fed Note: At the beginning of the year, the March Fed meeting was expected to be one of the four meetings in which there was likely to be an announced rate increase.  However, as economic conditions have slowed, credit markets working … Continue reading

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Weekly Economic Update

Economic Update 3-14-2016 In a slow week for meaningful economic data, the few reports that did surface showed a bit of small business pessimism, some inventory build-up, perhaps some benefit of a flattening U.S. dollar and strength in consumer mortgage … Continue reading

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Weekly Economic Update

Economic Update 3-07-2016 Economic data was mixed to better on the week, with manufacturing ISM a bit stronger, yet several measures remained in contractionary territory.  Services looked stronger, including construction, as did Friday’s employment report. Equity markets experienced positive results as … Continue reading

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