10/8– Weekly Economic Highlights
Job growth was weaker than expected in September, but the unemployment rate fell below 5% for the first time since March 2020. U.S. nonfarm payrolls increased by 194,000 in September, versus the consensus forecast of 500,000.
10/1– Weekly Economic Highlights
Economic data remain somewhat mixed and we believe the ongoing health crisis and related supply chain bottlenecks continue to have a meaningful impact. Nevertheless, we believe the underlying momentum of the economy remains strong.
9/24– Weekly Economic Highlights
As expected, the Federal Open Market Committee (FOMC) kept monetary policy unchanged at its meeting this week but clearly signaled that they are preparing to reduce the magnitude of (i.e. taper) their asset purchases.
9/17– Weekly Economic Highlights
Retail sales were stronger than expected in August, up 0.7% month-over-month versus expectations for a 0.7% decline.
9/10– Weekly Economic Highlights
The Federal Reserve’s Beige Book report, prepared in advance of the upcoming Federal Open Market Committee (FOMC) meeting on September 21-22.
9/3– Weekly Economic Highlights
The impact of the Delta variant was evident across multiple economic indicators this week.
8/27– Weekly Economic Highlights
Fed Chair Jerome Powell delivered his speech at the Jackson Hole economic symposium this morning.
8/20– Weekly Economic Highlights
Retail sales were softer than expected in July, down 1.1% month-over-month. On a year-over-year basis, retail sales were up 15.8% in July.
8/13 – Weekly Economic Highlights
While the US economic reopening theme continues, the path toward a full reopening of the economy and return to normalcy has been more uneven than many economists and CEOs were forecasting just a few months ago.
8/6 – Weekly Economic Highlights
The Federal Open Market Committee (FOMC) kept monetary policy unchanged at its meeting this week.