Tag Archives: 1st Quarter GDP

Weekly Economic Update

Economic Update 11-11-2019 In a light week for economic data, ISM non-manufacturing sentiment strengthened beyond expectations, while labor data was mixed, but remained generally positive. Global equity markets rose in value during the week, with slightly better-than-expected economic results and … Continue reading

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Weekly Economic Update

Economic Update 10-07-2019 Economic data during the week included weaker-than-expected ISM manufacturing and services reports, in addition to a contractionary Chicago PMI. The employment situation report was mixed, with payrolls coming a bit below expected, but the unemployment rate fell … Continue reading

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Weekly Economic Update

Economic Update 9-18-2019   Economic news for the week included largely-as-expected results for the producer price index and consumer price index, while retail sales surprised to the upside, and labor metrics were mixed. Global equity markets gained on the week, … Continue reading

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Weekly Economic Update

Economic Update 8-26-2019 In a lighter week for economic news, the index of leading economic indicators reversed course and showed a monthly gain—lowering odds of an upcoming recession. Other positive news included existing home sales coming in better than expected, … Continue reading

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Weekly Economic Update

Economic Update 8-19-2019 Economic data for the week included positive reports in retail sales, several regional manufacturing surveys, and a combination of several labor statistics. On the disappointing side were industrial production, housing starts, and jobless claims, which ticked up … Continue reading

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Weekly Economic Update

Economic Update 7-22-2019 Economic data for the week included positive surprises in retail sales as well as several regional manufacturing surveys, mixed results in industrial production and housing, while the index of leading economic indicators pointed to weakening conditions. U.S. … Continue reading

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Weekly Economic Update

Economic Update 6-24-2019 Economic data for the week included no action by the FOMC, although the communication was far more dovish. Other news included a sharp decline in several key regional manufacturing indexes, a flattish index of leading economic indicators, … Continue reading

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Fed Note

Fed Note: Following their June meeting, the Federal Open Market Committee (FOMC) made no change to the 2.25-2.50% range for the fed funds rate. However, member appeared split on the outlook, with one member voting for a cut today, while … Continue reading

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Weekly Economic Update

Economic Update 6-17-2019   Economic data for the week included generally as-expected reports for retail sales, producer prices and consumer prices, retail sales and industrial production came in higher than expected, while consumer sentiment and labor figures disappointed a bit. … Continue reading

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Weekly Economic Update

Economic Update 6-10-2019 Economic data for the week included positive results in ISM non-manufacturing, while ISM manufacturing lost a bit of ground for the prior month. The employment situation report for May also came in weaker than expectations. U.S. and … Continue reading

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Weekly Economic Update

Economic Update 6-03-2019 During a shortened week, economic data consisted of a downwardly-revised but still-strong Q1 GDP report, continued low jobless claims, and mixed consumer confidence. Housing data was again mixed to a bit weaker. Equity markets around the world … Continue reading

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Weekly Economic Update

Economic Update 5-28-2019 Economic data for the week included slightly disappointing housing sales, and weaker durable goods orders, but jobless claims that remained status quo at a strong cyclical level. Equity markets globally generally lost ground as trade tensions between … Continue reading

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