Tag Archives: FOMC

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 11-25-2019 During the week, several housing metrics continued to show improvement, although still a bit below expectations, coupled with positive consumer sentiment. On the other, the index of leading economic indicators declined again, reflecting a general tempering in … 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 10-28-2019 Economic data for the week included weaker readings for durable goods and consumer sentiment. Housing data points were down for the month but mixed on a longer-term standpoint, while jobless claims fell, which was a positive. Global … 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 10-14-2019 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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