Category Archives: Economic News

Weekly Economic Update

Economic Update 6-13-2016 In a quiet week for economic data, inventories rose, which was a positive for forward-looking GDP, jobs data was decent but consumer sentiment dropped a bit. Equity markets in the U.S. ended generally flat, while foreign markets … Continue reading →

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Weekly Economic Update

Economic Update 6-06-2016 Economic data for the short week was mixed, with slightly stronger manufacturing data relative to previous months, while non-manufacturing/services weakened.  Housing prices continued in an upward trajectory.  However, the big government employment report on Friday was a … Continue reading →

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Weekly Economic Update

Economic Update 5-31-2016 Economic data for the week was dominated by strong U.S. housing numbers, while durable goods and sentiment lagged.  Comments from FOMC members alluded to a stronger chance of an interest rate hike in coming months. Equity markets around the world … Continue reading →

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Weekly Economic Update

Economic Update 5-23-2016 Economic data on the manufacturing side was lackluster, with indexes contracting again.  Inflation was again generally contained, and housing came in a bit better than expected, while the FOMC minutes from April surprised somewhat—being more biased towards tightening than … Continue reading →

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Weekly Economic Update

Economic Update 5-16-2016 In a slow week for economic data, retail sales gained more than expected, while consumer sentiment also came in showing strength.  Jobless claims were the sole weak spot, but this may have been the result of one-off … Continue reading →

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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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