Tag Archives: Employment

Weekly Economic Update

Economic Update 5-18-2015 Economic data for the week was mixed, with weaker-than-expected retail sales numbers, decent employment metrics and conflicting sentiment data from consumers and small businesses. Global equities gained on the week, with international stocks outperforming U.S. names—due to … Continue reading

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Weekly Economic Update

Economic Update 5-12-2015 Economic reports last week were led by a decent ISM non-manufacturing report, low levels of jobless claims and a decent but unexceptional employment situation release—uninspiring enough to keep markets hoping for continued easy Fed policy beyond June. … Continue reading

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Weekly Economic Update

Economic Update 5-04-2015 The economic picture last week was colored by a poor U.S. GDP release for the first quarter, as well as acknowledgment by the FOMC of slowed conditions.  However, other data, such as the ISM and Chicago PMI came in mixed … Continue reading

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Weekly Economic Update

Economic Update 4-27-2015 In a light week for economic releases, durable goods came in somewhat better than expected, led by aircraft orders, while housing also showed some mixed signs of life.  Housing has been sporadic over the last few years, which … Continue reading

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Fed Update

Fed Update In their meeting that just concluded, the FOMC formally ended ‘the taper’ effective this coming month-end, closing a chapter of multiple quantitative easing programs totaling $3 trillion.  This was widely anticipated, though, so markets didn’t react too strongly … Continue reading

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Fed Note

Fed Note: The Federal Reserve met today and proceeded according to the recent plan.  The taper continued, with Treasury/MBS purchases being wound down from $35 bil./mo. to $25 bil./mo.  At this pace, QE Fed buys should end by October.  Other … Continue reading

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Weekly Economic Update

(+) The ISM manufacturing index for September was a bit stronger than anticipated, rising from 0.5 points from August, coming in at 56.2 versus an expected 55.0.  This is the highest point for the ISM since April 2011.  The details … Continue reading

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