Initial Claims Fall to the Lowest Level Since November

– February 25, 2021

“Initial claims fell to the lowest level since November, but overall, data suggest the labor market remains fragile.” – Robert Hughes

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Housing Surge Continues as New Single-Family Home Sales Rise Again in January

– February 24, 2021

“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

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Consumers Remained Cautiously Optimistic in February

– February 23, 2021

“Consumer attitudes improved slightly in February, led by improving current conditions, but overall measures of consumer confidence remain at historically moderate levels.” – Robert Hughes

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Housing Permits Surge in January

– February 18, 2021

“The housing market continues to be a bright spot for the economy, supported by low mortgage rates and increased demand.” – Robert Hughes

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Initial Claims Hold Above 800,000 for Sixth Consecutive Week

– February 18, 2021

“Initial claims rose again, holding above 800,000 for the sixth consecutive week. Recent data suggest the labor market remains fragile.” – Robert Hughes

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Manufacturing Recovery Continued in January

– February 17, 2021

“Manufacturing output continued to recover in January and is a positive sign for the outlook.” – Robert Hughes

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Retail Sales Rebound After Three Weak Months, Hitting A Record High

– February 17, 2021

“Retail sales surged in January, a very positive sign for the economy, but positive momentum needs to be sustained and expanded across the economy, especially to the labor market.” – Robert Hughes

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Weakening Economic Expectations Pull Down Consumer Sentiment

– February 12, 2021

“Consumer sentiment fell in early February, driven by a weaker economic outlook, especially among lower-income consumers. Apprehensive consumers may slow the economic recovery.” – Robert Hughes

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Labor Market Struggles Continue

– February 11, 2021

“Initial claims fell slightly but continuing claims jumped sharply. Along with the disappointing jobs report, recent data suggest the labor market remains weak.” – Robert Hughes

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AIER Business Cycle Indicators Were Little Changed in January

– February 10, 2021

“AIER’s Business Cycle Conditions indexes were little changed in January, holding solidly above the neutral threshold of 50, suggesting continued economic expansion ahead.” – Robert Hughes

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Job Openings Increase in December, But Labor Questions Remain

– February 9, 2021

“Job openings rose in December, but overall labor market data remain mixed, suggesting the outlook is cautiously optimistic but still highly uncertain.” – Robert Hughes

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Small-Business Survey Weakens Again in January

– February 9, 2021

“Small-business confidence posted a third consecutive decline in January, suggesting a growing concern about the economic outlook.” – Robert Hughes

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