Nonfarm payrolls rose by 263,000 in April. Two strong monthly gains following a disappointing increase in February shows the labor market remains healthy and will likely ease fears of recession.
READ MOREThe Manufacturing Purchasing Managers Index posted its lowest reading since November 2016 and extends an eight-month trend of decelerating growth. Mixed economic data continue to support a high degree of caution amid slow economic expansion.
READ MOREA strong headline gain in first-quarter growth in real gross domestic product masked the poor performance of domestic demand.
READ MOREDurable-goods orders posted a solid gain in March, led by record-high orders for core capital goods excluding aircraft. Today’s reports suggest a cautiously optimistic outlook.
READ MOREHome sales have rebound in recent months. However, there is little evidence to support an expectation for a significant acceleration in housing activity in the coming months and quarters.
READ MORERetail-sales and initial-claims data show the economy may be gaining some momentum after a patch of weakness. However, continued uncertainty around U.S. economic policies and ongoing risks in the global economy remain significant concerns.
READ MOREAIER’s Leading Indicators index dropped 17 points to 25 in March, the lowest level since June 2009. The Roughly Coincident Indicators index and the Lagging Indicators index also fell, to 83 and 67, respectively (see chart). March is the third consecuti …
READ MOREConsumer sentiment fell slightly in early April but remains at broadly favorable levels. Caution regarding the outlook is still warranted but the trends for the most recent data appear marginally more favorable.
READ MOREInitial claims for unemployment insurance fell to the lowest level since 1969, providing compelling evidence that the recent period of weakness may be passing.
READ MOREAmid several months of mixed results in economic data, rebounding job creation in March helps tip the scales in favor of cautious optimism for continued economic expansion.
READ MORENonmanufacturing activity expanded at a slower pace in March. The results are consistent with a range of economic data that point to uneven growth, but they do not suggest a recession is imminent.
READ MOREThe Manufacturing Purchasing Managers’ Index paints a modestly positive picture of the manufacturing sector in March, offsetting the weak report on February retail sales. The outlook is for ongoing economic expansion, but heightened caution is warranted.
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