Category Archives: Economic News

Economic Update 2-03-2025 Economic news for the week included the FOMC keeping short-term interest rates unchanged, while U.S. GDP for Q4 came in above-trend but below the prior quarter, and personal income/spending positive. Gains in new home sales accompanied continued … Continue reading →

Economic Update 1-27-2025 In a shortened quiet week for economic releases, data included gains in existing home sales, while the leading index of economic indicators declined, as did consumer sentiment. Equities gained, especially abroad along with a weaker U.S. dollar … Continue reading →

Economic Update 1-21-2025 Economic data included the positive news of consumer and producer price inflation coming in softer than expected, while industrial production and housing starts also saw strong gains for the month. Also, retail sales increased, albeit to a … Continue reading →

Economic Update 1-14-2025 Economic data for the week included ISM services continuing to improve into solid expansion and an employment situation report for December that came in far stronger than expected. Equities fell back, along with the positive economic news … Continue reading →

Economic Update 1-06-2025 In a New Year holiday-abbreviated week, economic data included an improved (but still contractionary) ISM manufacturing report, minimally-changed construction spending, and continued movement higher for residential home prices. Equities fell globally last week, in contrast to a … Continue reading →

Economic Update 12-30-2024 In a holiday-shortened week, economic data included declines in durable goods and consumer confidence and a rise in new home sales. Equities gained around the world last week, with developed markets outearning the U.S. and emerging markets. … Continue reading →

Economic Update 12-23-2024 Economic data in a busy pre-holiday week included the Federal Reserve cutting interest rates, as expected, although assumptions for next year have tightened. U.S. GDP for Q3 was revised higher by several tenths, while retail sales rose … Continue reading →

Economic Update 12-16-2024 Economic data included consumer price inflation rising, but at a similar pace to the prior month, while producer price inflation ticked up at a faster pace. Equities were mixed to down globally, with some positivity in U.S. … Continue reading →

Economic Update 12-9-2024 Economic data included slight improvement in ISM manufacturing, but a slight deterioration in ISM services. The November employment report saw gains, as negative one-off conditions from the prior month normalized, although the unemployment rate rose a bit. … Continue reading →

Economic Update 11-18-2024 Economic data for the week included declines in retail sales and industrial production, while producer and consumer inflation remained sticky—especially on the shelter side. Equities lost ground across the board last week, as the post-election rally faded … Continue reading →

Economic Update 11-11-2024 Economic news for the week included the U.S. Federal Reserve cutting the Fed funds rate by another quarter-point. In terms of data, ISM services ticked higher, remaining in strong expansion, and productivity saw gains in Q3, although … Continue reading →