Initial Unemployment Claims Register Lowest Talley Since March
Massive layoffs continue but the trend has been slowing for eight consecutive weeks.
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Regional Fed Surveys Show Improving Expectations
Recent surveys suggest business current conditions remain extremely weak but expectations about the future are improving.
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New Unemployment Claims Slowed Again as Total Unemployed Hits a Record High
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
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
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
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
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
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
Small-business confidence fell again in April as sales expectations plunged, but the hopes for an economic rebound rose.
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Massive Job Loss Sends Unemployment Rate to Highest Since the Great Depression
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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New Unemployment Claims Continue to Slow but Remain Enormous
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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April Unit-Auto Sales Running at Just Half the Recent Pace
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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