ISM NMI

ISM Nonmanufacturing Survey Drops Well into Recessionary Territory in April

– May 5, 2020

The nonmanufacturing sector contracted in April for the first time since 2009 and continues the tsunami of disastrous economic data since the outbreak of COVID-19.

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Manufacturing Sector Plummets in April

– May 1, 2020

The ISM PMI dropped again in April with many components plunging to multi-year or record lows.

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Cumulative Job Losses Show Labor Market Devastation

– April 30, 2020

The unprecedented economic impact of the COVID-19 outbreak continues to crush the labor market and distort economic activity.

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U.S. Economy Declines at the Fastest Pace Since 2008

– April 29, 2020

The outbreak of COVID-19 and government responses have crushed the labor market and sent economic activity plunging. Expect a tsunami of negative economic data to continue for the next few months.

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Initial Claims

Consumer Optimism Continued to Plunge in April

– April 28, 2020

Consumer attitudes deteriorated sharply in April and are likely to show heightened volatility in coming months amid a weak economy and damaged labor market.

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Nondefense Capital-Goods Orders Excluding Aircraft Remain in a Flat Trend

– April 24, 2020

Core capital-goods orders remain in a flat trend, but ongoing restrictions on business activity will likely result in distorted economic data for several more months.

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Struggling Economy Sends Consumer Sentiment Tumbling Again in April

– April 24, 2020

The unprecedented economic impact of the COVID-19 outbreak is distorting economic activity, crushing the labor market, and pummeling consumer sentiment.

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Massive Job Losses Continue but The Pace Slows

– April 23, 2020

The unprecedented economic impact of the COVID-19 outbreak continues to crush the labor market and distort economic activity.

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Manufcturing

Regional Fed Manufacturing Surveys Plunge Again in April

– April 16, 2020

Regional Fed manufacturing surveys show a sharp drop in business conditions for local manufacturers in the northeast as severe economic disruptions continue.

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unemployment

Massive Job Losses Continue for a Fourth Week

– April 16, 2020

The unprecedented economic impact of the COVID-19 outbreak continues to crush the labor market and distort economic activity.

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Retail sales

Retail Sales Plunge in March

– April 15, 2020

Retail sales were sharply lower in March and are likely to show significant weakness over the next several months.

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Redbook

Weekly Data Portend Weak Retail Sales

– April 14, 2020

Retail sales are collapsing as a result of the COVID-19 outbreak. The U.S. entered a recession in March ending the record long expansion.

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