The sell-off in the stock market that began in early October appears to be more of a harbinger of tougher economic times than a simple overdue correction. The production side of the economy has slowed... https://t.co/Ntl2IFp5f5
Consumers are catching a break on inflation just in time for the holiday shopping season. After rising for seven straight months, the consumer price index was unchanged in November. Lower prices at the pump... https://t.co/fhmEwlqqRb
The third quarter print of GDP data dominated an otherwise slow week of economic data. Real GDP topped consensus expectations and grew a solid 3.5% in Q3. The outturn represents a modest downshift from the... https://t.co/EEh0sjZq54
Retail sales rose 0.5 percent in June, while May’s gain was revised up from 0.8 percent to a robust 1.3 percent. Contributing to the strong pace of headline growth were big gains in sales at car dealerships... https://t.co/4HkgN5q69A
In the midst of tighter labor markets and backlogged supply chains, inflation continued its upward climb in June. U.S. producers are feeling the burden of tighter supply chains through rising input costs,... https://t.co/aPmLUrIQh9
“Consumer confidence dropped 2.4 points in June to 126.4, but remains at a high level. The largest portion of the dip in confidence came from consumer expectations, which were likely dampened by ongoing trade... https://t.co/2OeSwTNwYg
It was a fairly busy week on the domestic data front with the release of several notable indicators representing major sectors of the economy. Retail sales increased 0.3 percent in April, while March sales... https://t.co/lXcxgFKkMi
First quarter GDP growth came in at an annualized rate of 2.3 percent. While that represents a slowing from the roughly 3 percent pace in the prior three quarters, the outturn was better than the 2.0 percent... https://t.co/buVkAdtPlm
Retail sales were above consensus and increased 0.6 percent in March, reversing the recent three-month string of declines. Winter weather in the Northeast, which was widely expected to have a greater adverse... https://t.co/WDXtj5ig7Q
Market participants this week eagerly awaited the release of three carefully watched inflation metrics: the producer price index, the consumer price index and the import price index. Observers who were hoping... https://t.co/dgcz0weATN
Early reports for March suggest we will see some pullback from the exceptionally strong data reported earlier this year. The more moderate numbers do not likely reflect a change in the economy’s underlying... https://t.co/amk91Ex6aQ
In a somewhat quiet week for economic indicators, the leading story was clearly the FOMC’s decision to raise the federal funds rate. The Fed raised the upper bound limit one quarter of a percentage point to... https://t.co/wu5MgB28xf