
-
Join 585 other subscribers
LSA Facebook Page
LSA Movie

-
Recent Posts
Categories
Archives
Tag Archives: Economic Update
Weekly Economic Update
U.S. retail sales growth was up slightly, but one of the better performances since the fall of last year. It continues to appear that a ‘weather’ effect has taken place, but perhaps lessened in recent weeks. Concerns over the Ukraine/Russia … Continue reading
Posted in Economic News
Tagged DJIA, Economic Update, Import Price, Index, LSA, Russia, S&P500, Ukraine
Leave a comment
Weekly Economic Udpate
(+) The ISM manufacturing index rose from 51.3 in January to 53.2 in February, which beat expectations by about a point and reversed last month’s decline. However, details were mixed with new orders and inventories up several points, employment flat … Continue reading
Posted in Economic News
Tagged Construction, DJIA, Economic Update, LSA, Personal Income, Russia, S&P500, Ukraine
Leave a comment
Weekly Economic Update
(-) The second estimate of 4th quarter GDP was a disappointment, although many watchers expected as much—the initial estimate of +3.2% was revised down to +2.4% (a tenth lower than the expected revision). The majority of the difference came from … Continue reading
Posted in Economic News
Tagged Bitcoin, DJIA, Economic Update, GDP, Home Sales, LSA, S&P500
Leave a comment
Weekly Economic Update
On a holiday-shortened week, we ended up with a few noteworthy reports. (-) The Empire manufacturing survey for February came in positive at +4.5, but weaker than the expected +8.5 (and lower than January’s +12.5). In the details of the … Continue reading
Posted in Economic News
Tagged DJIA, Economic Update, Fed, Housing Index, LSA, Minimum Wage, S&P500
Leave a comment
Weekly Economic Update
The week was highlighted by a fair number of important industrial reports, as well as the closely-watched Fed meeting. Unfortunately, there wasn’t enough decent news to offset emerging market-led concerns. (+/0) As we recapped separately mid-week, the FOMC continued the … Continue reading
Posted in Economic News
Tagged Analytics, DJIA, Economic Update, LSA, Portfolio, S&P 500
Leave a comment
Weekly Economic Update
After a fairly busy week, the MLK holiday led off a quieter one in terms of economic data releases. (-) The Markit manufacturing PMI fell from 55.0 in December to 53.7 in January (versus expectations for an unchanged reading). Within … Continue reading
Posted in Economic News
Tagged Debt Limit, DJIA, Economic Update, Home Sales, Jobless Claims, LSA, S&P 500
Leave a comment
Weekly Economic Update
(+) The ISM Manufacturing survey came in stronger than expected for December, at 57.0 versus a forecasted 56.8, but was a bit lower than November’s 57.3 result. Underlying data was similarly strong, little changed from the prior month, with higher … Continue reading
Weekly Economic Update
During the holiday-shortened week, we received a small dose of economic data. For the most part, the news was positive: consumer confidence rebounded while shopping for the holiday season, a stronger than expected number of durable goods orders in November, … Continue reading
Weekly Economic Update
(+) Retail sales for November came in stronger than expected, gaining +0.7% for the month versus an expected +0.6%. More specifically, the ‘core’ number, that excludes volatile results from autos and gasoline, rose +0.5% relative to the expected +0.3%, and … Continue reading
Weekly Economic Update
(+) Retail sales rose +0.4% for October, which exceeded expectations of a +0.1% increase. Removing the usually volatile automobile, gasoline and building materials components pushed the gain up to +0.5%, which also outperformed the consensus forecast of +0.3%. The monthly … Continue reading
Weekly Economic Update
A week shortened by Veteran’s Day left us with fewer data points than usual, but enough to weave a story around. (0/+) Industrial production fell -0.1% in October, which was a bit of a surprise considering expectations called for a … Continue reading
Weekly Economic Update
(+/0) The advance GDP figure for the third quarter came in at +2.8%, which dramatically surpassed consensus expectations of +2.0% or so. However, much of the positive impact (0.8% of that 2.8%) came from larger inventory accumulation coupled with a … Continue reading