Tag Archives: Home Sales

Weekly Economic Update

Economic Update 6-01-2015 Economic data from last week was lackluster on the manufacturing front, with poor durable goods and PMI figures, as well as a negative shot to sentiment with a negative 1stquarter GDP growth revision, while housing and consumer … Continue reading

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Weekly Economic Update

Economic Update 5-26-2015 Economic results were again mixed, with some improvement in housing, tempered overall but higher core CPI inflation readings and stronger jobless claim data. U.S. equity markets on average were slightly higher, while foreign equities ended up negative … 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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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

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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

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Weekly Economic Update

It was a relatively light week for economic reports.  Unfortunately, a few weak data points this last week and in recent weeks have been steadily eroding economist GDP estimates for the coming quarter, although growth for the second half is … Continue reading

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