Housing Permits Pick Up in May, Outlook Improving

– June 17, 2020

Housing starts were mixed in May, but permits were broadly higher, supported by easing lockdown restrictions, low mortgage rates, and rebounding builder confidence.

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Manufacturing Activity Increases in May

– June 16, 2020

Easing of lockdown policies in May is aiding in the reversal of some of the economic carnage from March and April.

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retail sales

Easing Restrictions Helps Boost Retail Sales in May

– June 16, 2020

Retail sales posted a surge in May, coming out of the policy-induced economic coma but a full return to pre-pandemic conditions is likely months, and possibly quarters, away.

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consumer sentiment

Improving Job Market Pushes Consumer Sentiment Up Again in Early June

– June 12, 2020

Consumer attitudes are improving along with the labor market, but significant concerns regarding the outlook remain.

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unemployment

Labor Market on the Mend as Lockdowns Ease

– June 11, 2020

Continued slowing of initial claims and a drop in unemployment are among the signs the economy may be bottoming and setting the stage for recovery.

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Hope

More Glimmers of Hope As Recession Becomes Official

– June 9, 2020

A rebound in small-business confidence and possible stabilization in retail spending as restrictions are lifted provide hope for a quick end to the newly declared recession of 2020.

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Labor Market Rebounds as Private Payrolls Jump

Labor Market Rebounds as Private Payrolls Jump by 3 Million, Unemployment Rate Drops

– June 5, 2020

More than 3 million private U.S. jobs were recovered in May, providing hope that the economy may already be bottoming, setting the stage for growth in the near future.

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Auto Sales Stage Partial Rebound Following A Two-Month Plunge

Unit-Auto Sales Stage Partial Rebound Following A Two-Month Plunge

– June 4, 2020

Auto sales partially rebounded in May following a two-month plunge. Some areas of the economy may be bottoming, setting the stage for growth later in the year.

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Unemployment Claims Continue to Fall

Initial Unemployment Claims Continue to Fall

– June 4, 2020

Continued slowing of initial claims may be a sign the economy is bottoming and setting the stage for growth later in the year.

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Signs of Improvement in the ISM Nonmanufacturing Survey in May

Signs of Improvement in the ISM Nonmanufacturing Survey in May

– June 3, 2020

The nonmanufacturing sector contracted at a slower pace in May amid easing restrictions and rising optimism for a rebound.

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Manufacturing Survey Less Negative in May

Manufacturing Survey Less Negative in May

– June 1, 2020

The ISM Manufacturing survey showed some improvement in May with several components rebounding from multi-year or record lows.

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capital goods

Manufacturers’ New Orders Posted Widespread Declines in April

– May 28, 2020

Manufacturers’ new orders tumbled in April on broad-based declines but as government restrictions are eased, signs of healing are likely to emerge.

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