Tag Archives: Economic Update

Weekly Economic Update

Economic Update 8-10-2020 Economic data for the week included strength in ISM manufacturing and non-manufacturing surveys, a better-than-expected employment situation report for July, and a slight improvement in jobless claims. Global equity markets inched higher last week with improved economic … Continue reading

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Weekly Economic Update

Economic Update 8-03-2020 Economic data for the week included the Federal Reserve keeping monetary policy unchanged and accommodative, GDP for the 2ndquarter came in showing historical weakness as expected, jobless claims remained elevated, while housing data showed signs of life … Continue reading

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Weekly Economic Update

Economic Update 7-27-2020 Economic data for the week included stronger results for housing prices and sales activity, some of which was due to continued tight inventories. The index of leading economic indicators also showed signs of improvement. However, jobless claims … Continue reading

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Weekly Economic Update

Economic Update 7-20-2020 Economic data last week included rebounds in retail sales, industrial production, and housing. Inflation metrics also showed a small creep up on prices for certain goods. Manufacturing data was mixed, while consumer sentiment weakened slightly. Equities in … Continue reading

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Weekly Economic Update

Economic Update 6-29-2020 Economic data last week included higher than expected durable goods orders, along with mixed housing and jobless claims data. Inflation results remain tempered, as expected from low consumer demand. U.S. equity markets fell sharply last week with … Continue reading

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Weekly Economic Update

Economic Update 6-22-2020 Economic data continued to rebound last week from the troughs of commercial activity during lockdowns. Strength was pronounced in retail sales and industrial production, as well as carryover into the index of leading economic indicators. U.S. and … Continue reading

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Weekly Economic Update

Economic Update 6-08-2020 Economic data released last week continued to show broad shutdown-based weakness over the past several months, in manufacturing, services, construction, and employment. However, some signs of improvement are being seen on the margin, which have been taken … Continue reading

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Weekly Economic Update

Economic Update 6-01-2020 On a shortened holiday week, economic data continued its lackluster trend, now reporting the well-known weakness of April and May in many industries. Included were weaker numbers for durable goods, jobless claims, and pending home sales. Consumer … Continue reading

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Weekly Economic Update

Economic Update 5-26-2020 Economic news remained dreary, with expected poor results for home sales, leading economic indicators, and manufacturing—although there appear to see some signs of marginal improvement in sentiment for the latter. U.S. and foreign equity markets rose as … Continue reading

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Weekly Economic Update

Economic Update 5-18-2020   Economic data continued to reflect the negative reality of Covid closures, with retail sales and jobless claims continuing to show extreme weakness, as well as a deceleration in inflation. On the other hand, manufacturing sentiment gained … Continue reading

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Weekly Economic Update

Economic Update 5-11-2020 Economic data for the week remained poor from Covid effects, as expected, as ISM non-manufacturing and employment plummeted to lows not seen in years. U.S. and some foreign markets rose as investors looked around the bend at … Continue reading

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Weekly Economic Update

Economic Update 5-04-2020 Data for the week included lackluster results for Q1 economic growth, personal income and spending, manufacturing, and jobless claims. These were all as expected due to the rapid business shutdowns since March. U.S. and foreign equity markets … Continue reading

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