Initial Claims for Unemployment Benefits Suggest Labor Market Recovery is Faltering

– July 30, 2020

Initial claims for unemployment benefits rose again, suggesting the emerging recovery may be at risk.

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U.S. Economy Posts Record Decline During Lockdowns

– July 30, 2020

The U.S. economy suffered a historic contraction in the second quarter. Uncertainty, confusion, and risk aversion among consumers and businesses may put the recovery at risk.

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Reopening Boosts Consumer Optimism, But COVID Dampens the Outlook

– July 28, 2020

Consumer attitudes declined in July as resurging COVID-19 cases dampened the outlook more than reopening boosted views of current conditions.

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New Durable-Goods Orders Rise Again in June

– July 27, 2020

Manufacturers’ new orders for durable goods rose again in June, showing that easing government restrictions should lead to economic recovery, but resurging COVID-19 increases risks.

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New Home Sales Jump to the Highest Level Since 2007

– July 24, 2020

Sales of new single-family homes rose to a 12-year high as low mortgage rates support increased demand.

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Initial Claims for Unemployment Benefits Rise as Continuing Claims Fall

– July 23, 2020

Labor market indicators are becoming mixed, suggesting the emerging recovery may be at risk.

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Existing-Home Sales Rebound in June; Inventory Remains Tight

– July 22, 2020

Existing-home sales rebounded in June, but the outlook remains highly uncertain.

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Initial Claims for Unemployment Benefits Shrank Again but Remain High

– July 16, 2020

New unemployment claims slowed again but remain high. Other labor market data as well as broader activity measures look more positive but surging new COVID-19 cases could derail growth.

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Retail Spending Returned to Trend in June

– July 16, 2020

Retail sales posted another big gain in June, further recovering from the policy-induced economic coma but rising new COVID-19 cases are a risk to future growth.

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Manufacturing Activity Increases for A Second Month but Full Recovery Still Far Off

– July 15, 2020

Easing of lockdown policies in May and June is helping the economy on the path to recovery but surging new COVID-19 cases and deaths could derail the progress.

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Total Unemployment and Weekly New Unemployment Insurance Claims Are Falling

– July 9, 2020

Labor market signs point to a nearing end to the policy-induced recession of 2020 but surging new COVID-19 cases could crush the budding recovery.

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ISM Nonmanufacturing Index Posts Record Gain in June

– July 6, 2020

The nonmanufacturing sector expanded in June amid easing restrictions but surging new cases of COVID-19 and potential policy responses remain significant risks.

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