initial claims

Initial Unemployment Claims Register Lowest Talley Since March

– May 28, 2020

Massive layoffs continue but the trend has been slowing for eight consecutive weeks.

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Regional Fed Surveys Show Improving Expectations

– May 22, 2020

Recent surveys suggest business current conditions remain extremely weak but expectations about the future are improving.

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unemployment

New Unemployment Claims Slowed Again as Total Unemployed Hits a Record High

– May 21, 2020

The labor market continues to struggle under the unprecedented impact of the COVID-19 outbreak and government policy responses, but some signs of easing are emerging.

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Low Mortgage Rates May Support Housing Rebound

– May 19, 2020

Low mortgage rates may provide some support for housing activity following a plunge in starts and permits in April.

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Manufacturing Activity Plummets in April

– May 15, 2020

Industrial production plunged as the tsunami of disastrous economic data continues. While some areas are moving towards easing restrictions, it will likely be a slow path back.

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Mixed Emotions for Consumers in Early May

– May 15, 2020

Consumer attitudes are changing in somewhat unexpected ways as personal health, family finances, and social interactions are impacted by lockdown policies.

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Retail Sales Post Another Record Plunge in April

– May 15, 2020

Retail sales posted another record decline in April and are likely to show significant weakness over the next several months.

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New Unemployment Claims Slowed Again, Dropping Below 3 Million

– May 14, 2020

The labor market and the economy have been crushed by the unprecedented impact of the COVID-19 outbreak and government policy responses.

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A Glimmer of Hope Amid Economic Devastation

– May 13, 2020

Small-business confidence fell again in April as sales expectations plunged, but the hopes for an economic rebound rose.

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Recession

Massive Job Loss Sends Unemployment Rate to Highest Since the Great Depression

– May 8, 2020

More than 20 million U.S. jobs were lost in April, and with record-shattering initial claims suggesting more job losses to come, a U.S. recession is a near certainty.

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Initial Claims

New Unemployment Claims Continue to Slow but Remain Enormous

– May 7, 2020

The labor market and economic activity in general continues to be crushed by the unprecedented impact of the COVID-19 outbreak.

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auto sales

April Unit-Auto Sales Running at Just Half the Recent Pace

– May 7, 2020

Auto sales plunged again in April providing more evidence of the dramatic impact of COVID-19 and supporting the near-certainty that the U.S. has entered recession.

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