Category Archives: Economic News

Weekly Economic Update

Economic Update: Economic data was mixed, but survey responses showed stronger positive sentiment and housing appears to show some improvement.  The final 1st Quarter GDP release was amended downward, but this was largely blamed on weather effects and appears to be … Continue reading

Posted in Economic News | Tagged , , , , , | Leave a comment

Weekly Economic Update

Economic Update: A very busy week boosted by stronger manufacturing reports from the Northeast region, better industrial production and tighter capacity utilization. Housing sales data were mixed: better sentiments from builders this month but weaker monthly housing starts and building … Continue reading

Posted in Economic News | Tagged , , , , | Leave a comment

FED NOTE

Fed Note: The FOMC concluded their June meeting today, again with little fanfare or surprise.  The tapering process of winding down stimulative treasury/mortgage bond purchases will continue at a rate of an additional $10 billion/mo., which will bring overall purchases … Continue reading

Posted in Economic News | Leave a comment

Weekly Economic Update

Economic Update In a slow week for economic data, stats like retail sales were weaker, but PPI also came in flat, which appeared to temper core inflation concerns from prior weeks. Equity markets were largely off, due to increased concerns … Continue reading

Posted in Economic News | Tagged , , , , , , , , , , , , , | Leave a comment

Weekly Economic Update

Economic Update: Featured by an unusual correction in the manufacturing ISM, economic data for the week was decent.  The more dramatic news came from Europe, where the ECB provided additional easing and elected a new ‘negative interest rate’ policy, the … Continue reading

Posted in Economic News | Tagged , | Leave a comment

Weekly Economic Update

Economic Update: Economic data looked a bit better, as winter weather problems continue to dissipate towards more normal ordering and manufacturing conditions.  However, some data remains lackluster (GDP for the first quarter was revised down into negative territory).  The ECB … Continue reading

Posted in Economic News | Leave a comment

Weekly Economic Update

Economic Update Stronger reading in May’s preliminary Market PMI index brought optimism to the second half of this year. Housing sales data were mixed: New home sales rebounded in April after two months of declines; and existing house sales were … Continue reading

Posted in Economic News | Tagged , , , | Leave a comment

Weekly Economic Update

Economic Update: Economic numbers were mixed, with April figures like retail sales lower, but regional Fed surveys for May showing a bit more promise.  Inflation in CPI/PPI was higher than expected, with food price and housing increases being the primary … Continue reading

Posted in Economic News | Tagged , , , , , | Leave a comment

Weekly Economic Update

It was a slow week for economic news, but a few pieces came out positively.  Janet Yellen’s congressional testimony was also benign and dovish—alluding to at least another year of easy monetary conditions. Equity markets were generally flattish on the … Continue reading

Posted in Economic News | Tagged , , | Leave a comment

Weekly Economic Update

It was a busy week for economic data, with several key releases including 1st Quarter GDP—which disappointed.  The Friday release of job growth, however, was strong. The Russia/Ukraine situation continues to simmer, but not yet boiling over, despite regional incidents … Continue reading

Posted in Economic News | Tagged , | Leave a comment

Weekly Economic Update

Economic Update:   U.S. economic data – including manufacturing, new orders for durable goods, and consumer confidence – were strong, exceeding consensus expectation. Housing sales and initial jobless claims came in weaker than consensus expectation. Conflict between Russia and Ukraine … Continue reading

Posted in Economic News | Tagged , , , , , , , , , | Leave a comment

Weekly Economic Update

Economic Update:   Economic data in the industrial production and retail sales areas, in particular, was stronger than expected and fueled hopes that the cold winter doldrums are behind us in favor of a more ‘productive’ spring. In a short … Continue reading

Posted in Economic News | Tagged , , , , , | Leave a comment