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Author: Economics Department

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Economic Trends

Weekly Chemistry and Economic Trends (September 18, 2020)

September 18, 2020

This week’s economic reports were positive but definitely portray a slowing recovery. Retail sales slowed as did industrial activity, but the most recent regional surveys indicate that manufacturing continued to expand in September. Import prices...

Economic Trends

Weekly Chemistry and Economic Trends (September 11, 2020)

September 11, 2020

This week’s economic reports were mixed. Initial claims for jobless benefits, while much lower than in recent months, remain elevated (and above their pre-pandemic high), suggesting the labor market recovery may be softening. Inflation rose at...

Economic Trends

Weekly Chemistry and Economic Trends (September 4, 2020)

September 4, 2020

This week’s reports on the economy provided good news. Light vehicle sales improved again during August and the ISM reports on manufacturing and services indicate further expansion of economic activity, suggesting the recovery may now be four...

Economic Trends

Weekly Chemistry and Economic Trends (August 28, 2020)

August 28, 2020

This week’s reports were, for the most part, positive. The bad news was that consumer confidence fell to a six-year low, as a resurgence of coronavirus cases cast doubt on the recovery. The housing market continued to rebound, however, with new...

Economic Trends

Weekly Chemistry and Economic Trends (August 21, 2020)

August 21, 2020

This week’s reports were mostly positive. New jobless claims, a proxy for layoffs, rose unexpectedly, raising concerns about the strength of the labor market recovery. Housing activity, however, continued to rebound with strong gains in starts and...

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