Tag Archives: Update

Weekly Economic Update

Economic Update 8-06-2018 Economic news during the week was highlighted by the Fed’s decision to keep interest rates steady, a lukewarm employment situation report for July but stronger labor data in other reports, decent housing numbers, but weaker ISM manufacturing … Continue reading

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Fed Update

Fed Update:   The FOMC concluded their monetary policy meeting today, which, as expected, resulted in no change to the fed funds rate—currently targeted to a range of 1.75-2.00%.  There were no dissenting votes. The formal narrative again was positive … Continue reading

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Weekly Economic Update

Economic Update 7-30-2018 Economic data for the week was highlighted by the 2ndquarter GDP report, with the best results in five years.  Durable goods were mixed, as were jobless claims, while housing data generally came in below expectations. U.S. equity … Continue reading

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Weekly Economic Update

Economic Update 7-23-2018 Economic data for the week included a stronger-than-expected retail sales report, coupled with continued strength in the index of leading economic indicators, while industrial production and manufacturing data came in a bit mixed, and housing data disappointed, … Continue reading

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Weekly Economic Update

Economic Update 7-02-2018 Economic data for the week featured a slight downtick in first quarter GDP, a drop in durable goods orders, pending home sales and consumer confidence, while new home sales and jobless claims remained strong. U.S. and foreign … Continue reading

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Weekly Economic Update

Economic Update 6-18-2018 Economic data for the week was dominated by the U.S. Federal Reserve raising short-term interest rates by a quarter point.  Otherwise, retail sales and manufacturing showed strong gains, as did jobless claims and consumer sentiment, while inflation … Continue reading

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Weekly Economic Update

Economic Update 6-11-2018 Economic data for the week consisted of better-than-expected non-manufacturing index data and continued strength in job openings and jobless claims, while the trade deficit shrank a bit. Equity markets continued their winning run with U.S. stocks outgaining … Continue reading

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Weekly Economic Update

Economic Update 5-29-2018   Economic data for the week was highlighted by a mixed durable goods report, slightly higher jobless claims, and weak housing results for new and existing home sales, as well as weaker consumer sentiment. Equity markets the … Continue reading

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Weekly Economic Update

Economic Update 5-21-2018 Economic data for the week came in generally strong, with retail sales, industrial and manufacturing data, jobless claims and leading indicators all coming in solidly positive.  Housing starts, however, declined more than expected. U.S. equity markets were … Continue reading

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Weekly Economic Update

Economic Update 5-14-2018 Economic data for the week was highlighted by lower-than expected inflation as measured by PPI and CPI, decent consumer sentiment, as well as continued strong labor numbers. U.S. markets gained sharply last week, with foreign equities also … Continue reading

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Weekly Economic Update

Economic Update 5-07-2018 Economic data for the week was highlighted by a FOMC meeting in which policy was left unchanged, some mixed to lower results for a variety of manufacturing and services indexes; the April employment situation report was mixed … Continue reading

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Fed Note

The May FOMC meeting ended with a unanimous vote of no action on the interest rate front, as predicted, with the fed funds rate target remaining at 1.50-1.75%.  The formal statement showed little change from the March edition, with continued … Continue reading

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