The economic reports were softer this week. The reports on home sales indicate a pullback in activity, which may reflect supply-side issues (limited inventories, labor/materials shortages, etc.) but also lessened affordability as prices have...
he economic reports were positive this week. Housing activity improved and there was a strong gain in the industrial sector. The regional manufacturing surveys indicate that momentum continued into June. There was a setback in the labor market, but...
This week’s economic reports were few. Labor markets continue to repair at a slow pace. Wholesale trade continues to expand as are global semiconductor sales. The latter industry tends to lead the economic cycle. Inflation fears, however, have...
This week’s economic reports, the ISM surveys for manufacturing and services indicate an economy on the move during May. Factory orders were good as companies are gearing up for resilience in supply chains and new capacity. Although light vehicle...
This week’s economic reports were few and mixed in their outlook. Consumer confidence eased and new home sales fell back, the victim of pricing many would-be homebuyers out of the market. The regional manufacturing surveys, however, were positive....
