Category Archives: Economic News

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 →

Economic Update 6-9-2025 Economic data included stronger job openings, while the ISM manufacturing and services PMI indexes weakened. The employment situation report showed in showing growth, but prior revisions downward, so generally neutral. Equities gained globally, with few surprises on … Continue reading →

On a holiday-shortened week, economic data included a slight upgrade to Q1 U.S. GDP growth, and improvement in personal income, spending, and consumer sentiment, while durable orders fell back. U.S. stocks saw a positive week, outperforming the rest of the … Continue reading →

Economic data included gains in both manufacturing and services PMI measures, as well as in new home sales, while existing home sales fell back. The index of leading economic indicators continued to deteriorate, although it still doesn’t point to recession … Continue reading →

Economic Update 5-12-2025 Last week, the Federal Reserve kept policy interest rates unchanged, as expected, along with mixed economic data. Within the minimal data released last week, ISM services rose a bit, further into expansion. Equities were mixed last week, … Continue reading →

Economic Update 5-5-2025 Economic data for the week included U.S. GDP growth for Q1 coming in negative, as well as weaker manufacturing, construction spending, and consumer sentiment. On the positive side, home prices continued to rise, albeit at a slower … Continue reading →

Economic Update 4-28-2025 Economic data included a rise in durable goods orders and new home sales. On the negative side, existing home sales declined, as did consumer sentiment and the index of leading economic indicators. Stocks saw gains globally last … Continue reading →

On a Good Friday-shortened week, economic data included gains in retail sales, while industrial production and housing starts fell back. Equities experienced a slightly mellower week compared to the one prior, ending lower for U.S. large cap stocks, but a … Continue reading →

Economic Update 4-14-2025 Economic data included a significant pause in the U.S. administration’s total tariff policy, resulting in some relief of recession fears for now. Consumer price inflation came in slower than expected, with the year-over-year rates also declining, as … Continue reading →

Economic Update 4-07-2025 Economic data included the announcement of substantial global tariffs by the U.S. administration, which were taken negatively worldwide, but especially in the U.S. Other releases included a weakening of ISM manufacturing and services activity, and JOLTS job … Continue reading →