Reports from the Institute for Supply Management suggest continued economic expansion with elevated levels of concern over rising tariffs and shortages of labor.
READ MOREAuto sales rose in May, and weekly data suggest consumer spending is solid. However, factory orders were weak in April. Currently, there is little hard data to suggest a recession is imminent. The outlook remains cautiously optimistic.
READ MOREConsumer attitudes were generally upbeat in May, supported by a strong labor market, but escalating trade wars and higher tariffs are having a significant negative impact.
READ MOREInitial claims remain very low in May, but revised data still show a poor performance for private domestic demand in the first quarter. Though economic data are still somewhat mixed, some recent positive signs are emerging.
READ MORENew-home sales fell in April, and home construction is unlikely to contribute significantly to economic growth, but the strong labor market continues to provide a solid foundation for continued expansion.
READ MORESales of existing homes fell in April and are trending flat or down in all four regions of the country.
READ MOREHousing starts and permits improved in April, but the outlooks for the major segments vary widely.
READ MORERetail sales and industrial production fell in April, continuing the multi-month run of mixed results for the economy. However, continued economic expansion remains the most likely path.
READ MORESmall-business confidence rose in April, and expectations are generally upbeat, but labor shortages are a major concern.
READ MOREAIER’s Leading Indicators index rose 13 points to 38 in April, up from 25 in March. March’s result was the lowest since June 2009. The Roughly Coincident Indicators index and the Lagging Indicators index both held steady, at 83 and 67, respectively (se …
READ MORERetail vehicle sales slowed in April but remain in the recent range of 16 to 18 million annually. Consumer credit rose despite a drop in credit card debt.
READ MOREPrivate job openings in the United States totaled 6.800 million in March. The labor market is showing renewed strength, supporting personal incomes, consumer confidence, and future consumer spending.
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