Category Archives: Uncategorized

Economic Update 7-06-2021 Economic data for the week included a jobs report that came in a bit better than expected, in addition to strength in  consumer confidence, home prices, and other labor metrics such as improved jobless claims. On the … Continue reading →

Economic Update 6-28-2021 Economic data for the week included unchanged GDP growth for the prior quarter, as well as stronger durable goods orders and jobless claims, while both existing and new home sales fell along with continued low inventories. Global … Continue reading →

Economic Update 6-21-2021 Economic data for the week included strength in industrial production and housing starts, but offset by weaker retail sales results. Initial jobless claims rose slightly, although the overall rolls continue to improve. The U.S. Federal Reserve kept … Continue reading →

The Federal Reserve Open Market Committee made no changes in monetary policy today, keeping the target short-term interest rate at 0.00-0.25%. The official statement was little changed in substance, with wording about the hardship caused by the Covid-19 pandemic replaced … Continue reading →

Economic Update 6-14-2021 Economic data for the week included stronger consumer inflation results, as well as higher job openings, and continued decline in the number of weekly jobless claims. U.S. and European equity markets saw further gains, with accommodative policy … Continue reading →

Economic Update 6-07-2021 On a Memorial-Day shortened week, economic data included strong results for manufacturing and services indexes. Employment numbers were mixed, as jobless claims improved, as did the employment situation report number, although the latter fell short of market … Continue reading →

Economic Update 6-01-2021 Economic data for the week included largely unchanged Q1 GDP estimates, and a decline in durable goods orders. On the housing side, prices continue to show strong momentum, while sales fell due to increasingly tight inventories. Jobless … Continue reading →

Economic Update 5-24-2021 Economic data for the week included declines but still-strong readings for key regional manufacturing indexes, and a pullback in home sales and starts, while jobless claims improved and the index of leading economic indicators continue to show … Continue reading →

Economic Update 5-17-2021 Economic data for the week included a surprise higher for consumer inflation, with the strongest monthly report in decades, along with strong readings for producer price inflation and import prices. Industrial production also came in positively, while … Continue reading →

Economic Update 5-10-2021 Economic data for the week included pullbacks but still historically-strong showings for manufacturing and services. While jobless claims improved, the employment situation report for April proved a disappointment. U.S. equity markets fared positively last week, upon the … Continue reading →

Economic Update 5-03-2021 The Federal Reserve meeting last week resulted in no changes in policy, per expectations. Economic data included strong advance GDP results for Q1, as anticipated; and durable goods orders, housing prices, and consumer confidence all experienced growth. … Continue reading →

Fed Note: The Federal Reserve Open Market Committee made no changes in monetary policy today, keeping the target short-term interest rate at 0.00-0.25%. Nor was there any change in the pace and magnitude of their treasury and agency mortgage-backed security … Continue reading →