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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April 2020 Business Conditions Monthly

– April 13, 2020

Despite the continued modestly positive reading for the Leading Indicator index, the U.S. economy likely contracted in March, ending the longest U.S. economic expansion on record.

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Consumer Sentiment Collapses Amid Massive Job Loss

– April 9, 2020

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

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NFIB

Historic Drop in Small-Business Optimism As COVID-19 Spreads

– April 8, 2020

Small-business confidence plunged in March as COVID-19 stifled expectations.

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auto sales

Auto Sales Plunge in March

– April 6, 2020

Auto sales plunged in March 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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Recession May Have Begun for the U.S. Economy

– April 3, 2020

U.S. nonfarm payrolls plunged by 701,000 jobs in March, 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

Unemployment Claims Surpass Great Recession

– April 2, 2020

The unprecedented economic impact of the COVID-19 outbreak is crushing the labor market.

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ISM PMI

Manufacturing-Sector Contracts in March; Recession Probability Rising

– April 1, 2020

The ISM PMI dropped below neutral in March suggesting a contraction in manufacturing and rising probability of recession.

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