Tag Archives: bps

Weekly Economic Update

Economic Update 12-09-2019   Economic data for the week included a sharply better than expected employment report for November, as well as stronger consumer sentiment, yet weaker readings for both ISM manufacturing and services data, although the latter survey remained … Continue reading

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Weekly Economic Update

Economic Update 12-02-2019 In a shortened holiday week, economic data releases included an upward revision for Q3 GDP, stronger durable goods orders, lower jobless claims, and continued mixed but somewhat encouraging results in housing. U.S. and foreign equity markets gained … Continue reading

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Weekly Economic Update

Economic Update 11-18-2019 Economic data for the week included slightly higher-than-expected consumer and producer price inflation, positive retail sales and regional manufacturing data, while import prices declined. U.S. equity markets ended the week as the best performers, with a positive … Continue reading

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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 11-04-2019 Economic data during the week included the Federal Reserve lowering key interest rates by a quarter-percent for the third straight time. Insofar as data was concerned, several manufacturing metrics continued to show contraction, while housing/construction and the … Continue reading

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Fed Note

The Federal Reserve Open Market Committee decided to cut interest rates a third time, by another 0.25%, to a new range of 1.50-1.75%. As with the two prior cuts in recent months, this move was controversial. The economic community was … Continue reading

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Weekly Economic Update

Economic Update 10-21-2019 Economic news last week included mixed reports on the regional manufacturing and housing front. Additionally, retail sales and industrial production disappointed relative to expectations. The index of leading economic indicators declined slightly, in keeping with data that … 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 9-09-2019 Economic news for the week included positive results for the ISM services index, while the ISM manufacturing index contracted. Employment results were mixed, with the nonfarm payroll report somewhat slower than expected. Equities rose on optimism for … Continue reading

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Weekly Economic Update

Economic Update 9-03-2019 Economic news for the week included a slight revision downward in U.S. GDP for the prior quarter, stronger than expected results for durable goods orders and personal spending, while jobless claims and consumer confidence weakened. Equity markets … 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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