This week’s economic reports were limited in number, but positive. Small business optimism improved but still, remains off amid the coronavirus pandemic (and state and local regulations), harsh winter weather, and an uneven economic recovery. The...
This week’s economic reports were positive. Construction spending, semiconductors sales, and factory orders all improved during January and the PMI reports indicate further momentum into February. Light vehicle sales fell back during the month but...
This week’s economic reports were largely positive. Consumer confidence recovered in February. Consumer spending started the year on a strong note as incomes jumped due to additional Federal stimulus. New home sales rose above expectations as...
This week’s economic reports were largely on the positive side. Retail sales surprised to the upside as another round of stimulus payments fueled household spending. Existing home sales continued to expand, though limited by low inventories....
It was a slow week for economic news, but the reports that did come out this week were mixed. On the bright side, price inflation at the consumer level remains muted. However, initial claims continue to be at historically high levels, suggesting...
