Tag Archives: economic growth

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 10-14-2019 In a slow week for economic data, producer and consumer inflation measures were mixed, but remained in tempered ranges. Labor releases were mixed as well, with government measures of job openings falling, while jobless claims remained low. … 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 9-23-2019 Economic data for the week was highlighted by the Federal Reserve lowering short-term interest rates by another quarter-point, in line with financial market expectations. Otherwise, industrial production and housing sales came in stronger than expected, several regional … 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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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 8-05-2019 Last week saw the Federal Reserve reduce interest rates, largely as expected, although the official statement language was mixed. Positively, consumer confidence rose last week, as did personal income and housing, while manufacturing results showed some weakness. … Continue reading

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Fed Update

Fed Note: The July FOMC meeting resulted in a 0.25% reduction in the federal funds rate, to a new range of 2.00-2.25%. The policy vote was far from unanimous, with eight members supporting the change, and the Fed presidents from … Continue reading

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Weekly Economic Update

Economic Update 7-29-2019 In a slower week for economic data, gross domestic product for the second quarter, durable goods orders, and jobless claims each came in better than expected. Several housing statistics continued to point to mixed conditions. U.S. equity … 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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