This week’s economic reports were positive. Construction spending, wholesale trade and factory orders were positive and the ISM purchasing manager surveys indicate manufacturing and services activity continues at a solid pace. The strength seen...
This week’s economic reports were few. Real GDP grew at a healthy pace during the 1st quarter. Jobless claims eased a little. With the vaccines rolling out and economic prospects improving, consumer confidence rose to a 14-month high. This is...
This week’s economic reports were few and centered in housing. Existing home sales eased but new home sales skyrocketed during the month. There simply is little inventory for sale. The one regional manufacturing survey confirms that industrial...
This week’s economic reports were upbeat. Retail sales rebounded sharply, aided by stimulus monies, strong job growth and increasing consumer confidence. Housing rebounded as did small business optimism and industrial production. Regional...
This week’s economic reports were few and largely positive. The services PMI exceeded expectations and indicates that the services sectors of the economy most hard hit by the coronavirus lockdowns are now recovering and gaining strength. Consumer...
