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In this week’s recap: a bit more inflation pressure, a big fall retail sales gain, another setback for light sweet crude, and a down week on Wall Street. Weekly Economic Update IN OCTOBER, INFLATION JUMPED THE MOST SINCE JANUARY...
Read MoreIn this week’s recap: swift service sector expansion, sustained consumer optimism, a surge in wholesale inflation, and gains for equities. Weekly Economic Update SERVICE SECTOR KEEPS BOOMING At a lofty October mark of 60.3, the...
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In this week’s recap: exceptional jobs data, a rally on Wall Street, high marks for consumer confidence and spending, and a dip for a key factory indicator. Weekly Economic Update HIRING SURGED LAST MONTH The Department of...
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In this week’s recap: a first-rate Q3 GDP reading, mixed housing indicators, slightly weaker household sentiment, and a significant retreat for equities. Weekly Economic Update FIRST ESTIMATE OF Q3 GDP: 3.5% A 4.0% gain in...
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In this week’s recap: home sales lag, retail sales barely improve, new Fed minutes discuss staying the course, and major equity indices advance. Weekly Economic Update HOMES MOVE AT THE SLOWEST PACE IN 3 YEARS Existing home sales...
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In this week’s recap: more downward pressure on equities, retiree incomes get a boost, yearly inflation declines, and consumer sentiment misses expectations. Weekly Economic Update UNCERTAINTY BREEDS SELLING, FOLLOWED BY A RELIEF...
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In this week’s recap: stocks slump as the 10-year Treasury yield spikes, an ISM index hits a historic peak, job creation weakens, and oil extends its winning streak. Weekly Economic Update 10-YEAR TREASURY YIELD HITS A 7-YEAR...
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In this week’s recap: the Fed hikes, consumers feel optimistic, personal income and new home sales improve, and the major indices have a mixed week. Weekly Economic Update FEDERAL RESERVE MAKES ITS THIRD RATE HIKE OF 2018 The...
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In this week’s recap: the Dow returns to record territory, home sales flatten, housing starts surge, and the price of oil rises. Weekly Economic Update BLUE CHIPS HIT A 2018 HIGH On Thursday, the Dow Jones Industrial Average saw...
Read MoreIn this week’s recap: consumer optimism increases, the retail sales pace slows, inflation pressure weakens, and Wall Street sees wide-ranging gains. Weekly Economic Update CONSUMER SENTIMENT EXCEEDS EXPECTATIONS In its initial...
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In this week’s recap: wage growth picks up, the factory and service sectors hum with activity, oil retreats, and new tariffs could be imposed on China. Weekly Economic Update LATEST JOBS REPORT CONFIRMS WAGE GROWTH IS...
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In this week’s recap: the Nasdaq reaches new heights, consumer confidence and spending numbers impress, and a new trade deal could take the place of NAFTA. Weekly Economic Update OPTIMISM REIGNS ON MAIN STREET In August, the...
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In this week’s recap: a milestone for the current bull market, new record highs for two equities benchmarks, a dip in home sales, and a win for oil. Weekly Economic Update BULL MARKET MAKES HISTORY At the close on August 22, the...
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In this week’s recap: households buy more but feel less upbeat about the near future, the Dow rises, and home builders start more projects. Weekly Economic Update MID-SUMMER MEANT BUYING FOR CONSUMERS According to new Census...
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In this week’s recap: core inflation reaches a 10-year peak, oil’s losing streak continues, earnings impress, and Wall Street indices have a mixed week.1 Weekly Economic Update INFLATION AT 2.9%, CORE INFLATION AT 2.4%...
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In this week’s recap: stocks continue their win streak despite a mediocre jobs report and dips for the ISM indices; household spending and confidence rise. Weekly Economic Update ECONOMY ADDS 157,000 NET NEW JOBS Employers...
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In this week’s recap: an impressive Q2 GDP reading, a consumer sentiment dip, a falloff in home buying, and the end of a long stock market correction. Weekly Economic Update First estimate of Q2 GDP: 4.1% Not since the third...
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In this week’s recap: retail sales impress again, groundbreaking suddenly tails off, stocks tread water, and more tariffs might be in store for China. Weekly Economic Update ANOTHER GOOD MONTH FOR RETAIL SALES Americans are...
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In this week’s recap: inflation pressure mounts, a household sentiment index dips, gold settles lower, and stocks rally as a new earnings season begins. Weekly Economic Update INFLATION NEARS 3% The federal government’s...
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In this week’s recap: impressive hiring, healthy service and factory sectors, the Fed’s view of the present and near future, and gains for equities. Weekly Economic Update ANOTHER STRONG MONTH FOR THE LABOR MARKET Employers...
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