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Author: Economics Department

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Economic Trends

Weekly Chemistry and Economic Trends (March 27, 2020)

March 27, 2020

Not surprisingly, the reports this week were negative and reflect the deepening repercussions of the Covid-19 pandemic. First, the horrific: new unemployment claims rose by 3.001 million, from 282,000 to 3.283 million, a record high surpassing the...

Economic Trends

Weekly Chemistry and Economic Trends (March 20, 2020)

March 20, 2020

The reports this week were negative and beginning to reflect the repercussions of the Covid-19 pandemic. Bucking the trend, existing home sales jumped last month. Retail sales were soft, as were revenues at eating and drinking establishments....

Economic Trends

Weekly Chemistry and Economic Trends (March 13, 2020)

March 13, 2020

The reports this week were few in number and concentrated on price and inflation and can be summed up as disinflationary pressures that are intensifying due to the effects of a lockdown (and fear) due to the spread of COVID-19. Although the economy...

Economic Trends

Weekly Chemistry and Economic Trends (March 6, 2020)

March 6, 2020

The reports this week were mixed. Equity markets have been volatile as result of the coronavirus disease (COVID-19) outbreak. Today’s employment report exceeded expectations with a large 273,000 gain in payrolls and the unemployment rate falling...

Economic Trends

Weekly Chemistry and Economic Trends (February 28, 2020)

February 28, 2020

The reports this week were mixed and do not include much impact from COVID-19 that we expect to see in the data in the coming weeks. Revisions to Q4 GDP show the economy grew at a steady pace at the end of last year. Momentum continued at the...

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