Economic Indicators

FOMC Update

Wednesday, 05/01/24
As anticipated, the FOMC did not change its benchmark rate range from 5.25%-5.50% for the sixth consecutive meeting. The Fed stated “there has been a lack of further progress toward the Committee’s 2% inflation objective”, implying they will remain on hold until economic data confirms inflation is decreasing. The Fed also announced it will...

03/20/2024 - FOMC Update
01/31/2024 - FOMC Update
12/13/2023 - FOMC Update
11/01/2023 - FOMC Update
09/28/2023 - 2Q23 GDP: Slow End to 2Q But 3Q Still Looks Robust
09/28/2023 - Jobless Claims: Slight Increase
09/26/2023 - Case Shiller Home Prices: Further Gains Before Rate Spike
09/21/2023 - Existing Home Sales: Lower Again
09/21/2023 - Jobless Claims: Fifth Decline
09/21/2023 - Philly Fed: Volatile Bottoming Still Base Case
09/20/2023 - FOMC Update
09/20/2023 - Mortgage Apps: Refis Jump
09/19/2023 - Housing Starts: Sharp Drop, Permits Offer Hope
09/15/2023 - Consumer Sentiment: Headline Lower, Details Encouraging
09/14/2023 - Producer Prices: Goods Bottoming?
09/14/2023 - Retail Sales: Continued Gains
09/13/2023 - CPI: Cooler But Less Clear On Future Disinflation
09/13/2023 - Mortgage Apps: Further Drop As Refis Slip
09/07/2023 - Jobless Claims: Fourth Decline
09/06/2023 - Mortgage Apps: Further Drop Even As Mortgages Retreat Slightly
08/31/2023 - Jobless Claims: Third Decline
08/30/2023 - 2Q23 GDP: Negative Revisions
08/30/2023 - ADP: Seasonals Mask Solid Gains
08/29/2023 - Case Shiller Home Prices: Continued Gains Before Rate Spike
08/29/2023 - Consumer Confidence: Surprise Drop
08/29/2023 - JOLTS: Openings Sharply Lower As Quits Drop
08/25/2023 - Consumer Sentiment: Edged Lower, Trend Still Higher
08/24/2023 - Jobless Claims: Another Decline
08/23/2023 - Mortgage Apps: Rates Over 7.50%, Jeopardizing Recovery
08/23/2023 - New Home Sales: Solid Trend Before Mortgage Rates Accelerated
08/22/2023 - Existing Home Sales: Lower Again As Inventories Rise
08/17/2023 - Jobless Claims: Modest Decline
08/17/2023 - Philly Fed: Surprise Rebound, 1st Positive in A Year
08/16/2023 - Housing Starts: Recovery In Jeopardy
08/16/2023 - Mortgage Apps: Spreads Widen, Jeopardizing Recovery
08/15/2023 - Retail Sales: Accelerating Consumption
08/11/2023 - Consumer Sentiment: Mostly Steady
08/11/2023 - Producer Prices: 2% Trends
08/10/2023 - CPI: Further Cooling
08/10/2023 - Jobless Claims: Another Uptick
08/09/2023 - Mortgage Apps: Purchase Volumes Near Record Lows
08/03/2023 - ISM Services: Cooler But Continued Gains
08/03/2023 - Jobless Claims: Slight Uptick
08/03/2023 - Productivity: Sharp Increase As Cycle Troughs
08/02/2023 - ADP: Another Upside Surprise
08/02/2023 - Mortgage Apps: Recovery in Jeopardy
08/01/2023 - ISM Manufacturing: Continued Cyclical Weakness
08/01/2023 - JOLTS: Openings Fall As Quite Rate Resumes Slide
07/28/2023 - Consumer Sentiment: Revised Lower But Still Trending Up
07/27/2023 - 2Q23 GDP: Well Above Expectations
07/27/2023 - Jobless Claims: Decline Due to Barbie Movie?
07/26/2023 - FOMC Update
07/20/2023 - Existing Home Sales: Mostly Steady At Low Levels
07/20/2023 - Jobless Claims: Still Skewed By Seasonals
07/20/2023 - Philly Fed: Contraction But Hints of Bottoming
07/19/2023 - Housing Starts: Bottoming, Not Sharp Rebound
07/18/2023 - Retail Sales: A Positive Turn Despite Headline Miss
07/14/2023 - Consumer Sentiment: Sharply Higher
07/13/2023 - Jobless Claims: Seasonals Skew Trend
07/13/2023 - Producer Prices: Disinflation But Details Worth Watching
07/12/2023 - CPI: Cooler Across The Board
07/12/2023 - Mortgage Apps: Resilience Amid Holiday
07/06/2023 - ADP & Claims: Big ADP Surprise, Claims Inch Higher
07/06/2023 - ISM Services: Solid Gains
07/06/2023 - JOLTS: Openings Fall But Quit Rate Jumps
07/06/2023 - Mortgage Apps: Rates Jumping Over 7%
07/03/2023 - Construction Spending: Resi Continues Rebound
07/03/2023 - ISM Manufacturing: Further Deceleration
06/30/2023 - Consumer Sentiment: Continued Rebound On Lower Inflation
06/29/2023 - 1Q23 GDP: Surprise Upward Revisions
06/29/2023 - Jobless Claims: Surprise Decline
06/28/2023 - Mortgage Apps: Higher As Rates Hold Below 7%
06/27/2023 - Case Shiller Home Prices: More Surprise Gains
06/27/2023 - Consumer Confidence: Solid Gains
06/27/2023 - New Home Sales: Surprise Bounce
06/22/2023 - Existing Home Sales: Small Gains Reaffirm Bottoming
06/22/2023 - Jobless Claims: Holding Near Cycle Highs
06/21/2023 - Mortgage Apps: Holding Below 7% For Now
06/20/2023 - Housing Starts: Surprise Jump
06/16/2023 - Consumer Sentiment: Rebound On Lower Inflation
06/15/2023 - Jobless Claims: Hold Near Cycle Highs
06/15/2023 - Retail Sales: Real Negative
06/14/2023 - FOMC Update
06/14/2023 - Mortgage Apps: 7% Psychological Barrier
06/14/2023 - Producer Prices: Fodder For the Doves
06/13/2023 - CPI: Services Less Rent Drop Sharply
06/08/2023 - Jobless Claims: Sharp Increase
06/07/2023 - Mortgage Apps: Holding Off at 7%
06/02/2023 - Employment: Robust Headlines, Details Less But Still Strong
06/01/2023 - ADP: More Strong Gains
06/01/2023 - Construction Spending: Solid Rebound
06/01/2023 - ISM Manufacturing: Weak But Still Hints of Bottoming
06/01/2023 - Jobless Claims: Modest Increase
05/31/2023 - JOLTS: Openings Structurally Higher, Quits Fall
05/31/2023 - Mortgage Apps: Rates Blow Through 7%
05/30/2023 - Case Shiller Home Prices: Surprise Gains
05/30/2023 - Consumer Confidence: Slump But Hints of Encouragement
05/26/2023 - Consumer Sentiment: Slight Rebound After Sharp Drop
05/25/2023 - 1Q23 GDP: Positive Revisions, Still Tepid Growth
05/25/2023 - Jobless Claims: Further Correction
05/24/2023 - Mortgage Apps: Rates Push Back Towards 7%
05/23/2023 - New Home Sales: Slow Steady Rebound
05/18/2023 - Existing Home Sales: Continued Slide But Hints of Bottoming
05/18/2023 - Jobless Claims: Swift Correction
05/18/2023 - Philly Fed: Continued Contraction
05/17/2023 - Housing Starts: Still Signs of Bottoming
05/17/2023 - Mortgage Apps: Rates Edge Higher, Apps Fall
05/16/2023 - Industrial Production: Hard Data Rebound
05/16/2023 - Retail Sales: Rebound But Trend Decelerating
05/12/2023 - Consumer Sentiment: Sharp Drop
05/11/2023 - Jobless Claims: Cycle Highs
05/11/2023 - Producer Prices: Further Easing
05/10/2023 - CPI: Details Show Continued Signs of Cooling
05/10/2023 - Mortgage Apps: Stabilization Hinges on Secondary Market
05/05/2023 - Employment: Job Trend Cooling, Wages Still Hot
05/04/2023 - Jobless Claims: End April Near Recent Highs
05/04/2023 - Productivity: Signs of Troughing Cycle
05/03/2023 - ADP: Sharp Rebound
05/03/2023 - FOMC Update
05/03/2023 - Mortgage Apps: Lower Into Month-End
05/02/2023 - Factory Orders: Continued Declines
05/02/2023 - JOLTS: Openings & Quits Fall
05/01/2023 - Construction Spending: Anemic Trends
05/01/2023 - ISM Manufacturing: Hints of Bottoming