Category Archives: Economic News

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 →

Economic Update 2-8-2016 Economic data was highlighted by better-than-expected results in manufacturing and weakness in services—both the opposite of recent trends.  The Friday employment situation report was mixed, leaving investors wondering about possible effects on upcoming central bank policy. Global equity … Continue reading →

Fed Note: The January Fed meeting wasn’t expected to be one of any consequence, based on the widely anticipated interest rate move that was handled in December.  In their statement, the FOMC acknowledged a slowing of economic growth recently, global financial market volatility, … Continue reading →

Economic Update 1-25-2016 Last week’s economic data was mixed, with manufacturing not as bad as expected, continued low inflation driven by commodity price declines over the past year, and mixed housing results to end the year. A terrible start to … Continue reading →

Economic Update 1-11-2016 The first batch of economic data on the year was mixed, to a bit disappointing, with ISM manufacturing and non-manufacturing missing expectations, with industrial numbers generally continuing a pattern of recent weakness.  The employment report for December, however … Continue reading →

Economic Update 1-4-2016 Economic numbers for the last week of the year was mixed, with more poor manufacturing data (which has been in a back-and-forth trend all year), housing prices moving higher while pending home sales fell.  Improvement in consumer confidence … Continue reading →

Economic Update 12-28-2015 For a short Holiday week, quite a few economic data points were released, including flattish durable goods orders, mixed housing results but improved consumer sentiment. Equity markets rallied during the week, with help from some improvement in … Continue reading →

Economic Update 12-21-2015 The most significant piece of economic data for the week was the FOMC’s decision to raise the fed funds rate for the first time in a decade, as overall conditions appeared stable enough to policymakers to withstand such a … Continue reading →