Initial Claims Remain Range Bound
“Initial claims fell in the latest week, but overall remain range bound, suggesting the labor market remains soft.” – Robert Hughes
READ MORELight-Vehicle Sales Decreased in February
“Light-vehicle sales fell in February, falling below the recent range. The decline was led by a sharp drop in domestic car sales.” – Robert Hughes
READ MOREMore Positive News for the Manufacturing Sector
“The manufacturing-sector recovery continues, though output remains slightly below pre-pandemic levels.” – Robert Hughes
READ MORELower Income Households Pull Down Consumer Sentiment in February
“Consumer sentiment fell in February, driven by a weaker economic outlook, especially among lower-income consumers.” – Robert Hughes
READ MOREGovernment Transfer Payments Distort Personal Income in January
“Personal income jumped in January as government payments surged but excluding government distortions, incomes fell.” – Robert Hughes
READ MORECore Capital-Goods Orders Hit Another Record High in January
“Manufacturers’ new orders for durable goods rose in January, with core capital goods hitting another record high. The strong showing is a positive sign for the overall outlook.” – Robert Hughes
READ MOREInitial Claims Fall to the Lowest Level Since November
“Initial claims fell to the lowest level since November, but overall, data suggest the labor market remains fragile.” – Robert Hughes
READ MOREHousing Surge Continues as New Single-Family Home Sales Rise Again in January
“The single-family housing market remains a bright spot for the economy, supported by low interest rates and strong demand, but headwinds may be forming.” – Robert Hughes
READ MOREConsumers Remained Cautiously Optimistic in February
“Consumer attitudes improved slightly in February, led by improving current conditions, but overall measures of consumer confidence remain at historically moderate levels.” – Robert Hughes
READ MOREHousing Permits Surge in January
“The housing market continues to be a bright spot for the economy, supported by low mortgage rates and increased demand.” – Robert Hughes
READ MOREInitial Claims Hold Above 800,000 for Sixth Consecutive Week
“Initial claims rose again, holding above 800,000 for the sixth consecutive week. Recent data suggest the labor market remains fragile.” – Robert Hughes
READ MOREManufacturing Recovery Continued in January
“Manufacturing output continued to recover in January and is a positive sign for the outlook.” – Robert Hughes
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