Initial Claims for Unemployment Benefits Fall Slightly

– November 5, 2020

“Initial claims for unemployment benefits fell slightly and remained below 800,000 for a third week, but risks to the recovery remain.” – Robert Hughes

READ MORE

Light-Vehicle Sales Ticked Down in October

– November 5, 2020

“Auto sales fell slightly in October but stayed at the lower end of the historical range.” – Robert Hughes

READ MORE

ISM Services Index Eases Back in October but Still Suggests Expansion

– November 4, 2020

“The services sector expanded again in October, but employment remains weak. Renewed lockdowns and restrictions remain a threat to future growth.” – Robert Hughes

READ MORE

ISM Manufacturing Survey Posts Strong Results in October

– November 2, 2020

“The ISM Manufacturing survey suggests the sector is recovering strongly from government lockdowns, though some recent strength may be related to stockpiling ahead of potential new lockdowns.” – Robert Hughes

READ MORE

Consumer Sentiment Remains Subdued in October

– October 30, 2020

“Consumer sentiment remains well below pre-pandemic levels with Covid-19 and extreme political partisanship the main reasons. The economic outlook remains highly uncertain.” – Robert Hughes

READ MORE

U.S. Economy Posts Record Gain, But Areas of Weakness Persist

– October 29, 2020

“The U.S. economy posted historic growth in the third quarter but remains below pre-pandemic levels. Uncertainty over policies and the upcoming election is keeping risks elevated.” – Robert Hughes

READ MORE

Initial Claims and Continuing Claims for Unemployment Benefits Fall Again

– October 29, 2020

“Initial claims for unemployment benefits remained below 800,000 for a second week but doubts about the recovery continue.” – Robert Hughes

READ MORE

Durable-Goods Orders Rose Again in September

– October 27, 2020

“Manufacturers’ new orders for durable goods rose in September, but growth is uneven across the various sectors and industries of the economy.” – Robert Hughes

READ MORE

New-Home Sales Remain at a High Level

– October 26, 2020

“The single-family housing market remains a bright spot for the economy, supported by low interest rates and rising demand as urbanites move to less dense living areas.” – Robert Hughes

READ MORE

Revised Data Show Initial Claims Plateauing

– October 22, 2020

“Initial claims for unemployment benefits are hovering around 800,000, sustaining doubts about the durability of the recovery.” – Robert Hughes

READ MORE

Single-Family Housing Permits Extend Five-Month Surge

– October 20, 2020

“Single-family housing continues to be one of the strongest areas of the economy, supported by low mortgage rates and rising demand as urbanites seek less dense housing.” – Robert Hughes

READ MORE
Retail sales

Retail Spending Surges in September

– October 16, 2020

“Retail sales posted a strong gain in September, but persistent uncertainty regarding Covid-19 and government policies remains a significant risk to future growth.” – Robert Hughes

READ MORE