Tag Archives: interest rates

Weekly Economic Update

Economic Update 7-05-2016 Economic data for the week was highlighted by stronger manufacturing results in the ISM and Chicago PMI surveys and higher consumer confidence, while real estate activity was mixed—a combination of higher home prices but weaker building activity … Continue reading

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Weekly Economic Update

Economic Update 6-27-2016 Most global attention was focused on the U.K. ‘Brexit’ referendum, which was assumed to be doomed to failure earlier in the week—until final results showed it passed by a small margin.  In a slower week for U.S. … Continue reading

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Weekly Economic Update

Economic Update 6-20-2016 The week was highlighted by the FOMC meeting, at which no interest rate policy changes were made. In other data, retail sales surprised on the upside, manufacturing and production data were mixed, and inflation came in little … Continue reading

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Fed Note

Fed Note: It was rumored again in recent months that Fed might use June as another jumping off point for a 2nd rate hike, but it was again not to be.  With the poor employment situation report for May and … Continue reading

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Weekly Economic Update

Economic Update 6-13-2016 In a quiet week for economic data, inventories rose, which was a positive for forward-looking GDP, jobs data was decent but consumer sentiment dropped a bit. Equity markets in the U.S. ended generally flat, while foreign markets … Continue reading

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Weekly Economic Update

Economic Update 6-06-2016 Economic data for the short week was mixed, with slightly stronger manufacturing data relative to previous months, while non-manufacturing/services weakened.  Housing prices continued in an upward trajectory.  However, the big government employment report on Friday was a … Continue reading

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Weekly Economic Update

Economic Update 5-31-2016 Economic data for the week was dominated by strong U.S. housing numbers, while durable goods and sentiment lagged.  Comments from FOMC members alluded to a stronger chance of an interest rate hike in coming months. Equity markets around the world … Continue reading

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Weekly Economic Update

Economic Update 5-09-2016 Economic data for the week was highlighted by continued mixed results in manufacturing, but stronger non-manufacturing/services data.  The employment situation report for April was a bit of a disappointment, mostly due to the doubt it casts on … Continue reading

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Weekly Economic Update

Economic Update 5-02-2016 As expected, the FOMC didn’t take any interest rate policy moves following their April meeting, while 1stquarter GDP came in a bit lower than expected, manufacturing data continued to show some ongoing weakness, while housing reports were decent. Stocks … Continue reading

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Fed Note

Fed Note: No policy action was taken at today’s Federal Open Market Committee meeting, which was the unanimously expected result.  The FOMC statement acknowledged stronger labor activity and housing, while also the negatives of slowing general economic growth as well as continued weak … Continue reading

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Weekly Economic Update

Economic Update 4-18-2016 Economic data for the week was plentiful but mixed, with neutral results from retail sales and inflation, weaker industrial production and consumer sentiment but strength in some manufacturing results. Equity markets gained ground with higher oil prices … Continue reading

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Weekly Economic Update

Economic Update 4-11-2016 In a relatively quiet week for economic data, ISM services showed further improvement into expansionary territory, and some jobs data offered a decent showing, with lower claims and stronger hiring and quits activity in the governments JOLTs report. Equity … Continue reading

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