Despite a slight dip in June, consumer confidence remains at historically favorable levels suggesting ongoing economic expansion in the short term. However, consumers’ expectations may be plateauing, possibly reflecting escalating trade tensions.
READ MORESales of existing homes fell 0.4 percent in May to a 5.43 million-unit annual rate versus a 5.45 million pace in April, according to the National Association of Realtors. Sales have been in a flat trend recently, held back by limited inventory.
READ MOREAIER’s Business Cycle Conditions Leading Indicators index posted its third-straight 100 in May as all 12 individual indicators continue to expand. The Roughly Coincident Indicators index also registered its third consecutive perfect 100 and its 12th 10 …
READ MORERetail sales posted the third strong monthly gain in a row following weak performances in January and February. Combining these data with strong readings from the AIER Leading Indicators index, the outlook for the economy remains upbeat.
READ MOREPayrolls in the United States rose by 223,000 in May, solidly beating an expected rise of 188,000. Gains in the labor market have accelerated recently, reducing fears of a pending slowdown, yet the increases remain modest by historical comparison, suggesting that the slower and somewhat steadier gains of the current cycle may help prolong the expansion.
READ MORERetail sales rose 0.3 percent in April following a 0.8 percent increase in March. The April gain suggests that second-quarter GDP growth is off to a solid start.
READ MOREAIER’s Business Cycle Conditions Leading Indicators index posted its second straight 100 in April as all 12 individual indicators continue to expand. The Roughly Coincident Indicators index also registered its second consecutive perfect 100 and its 11t …
READ MORETotal job openings in the United States rose to a record 6.550 million in March while private-sector job openings totaled 5.928 million. Overall, the data relating to the labor market continue to show strength with payrolls rising, few layoffs, rising quits, and a declining number of available workers per opening.
READ MOREIt was this time ten years ago that people started to catch on that something was going wrong. Home prices stopped rising, many were falling, the flipping schemes were dying out, and default notices were being posted for smaller banking houses. Could it be that the entire glory days of the spectacular increases in home prices were coming to an end? Denial was still in the air.
READ MOREReal gross domestic product rose at a 2.3 percent annualized rate in the first quarter, down from a 2.9 percent pace in the fourth quarter of 2017. However, growth over the past four quarters hit 2.9 percent, the fastest four-quarter gain since the second quarter of 2015.
READ MOREAIER’s Business Cycle Conditions Leading Indicators index reached a perfect 100 reading in March after coming in at 92 in February. The March result is the first 100 since January 2014. The Roughly Coincident Indicators index also registered a perfect …
READ MOREThe small-business-optimism index from the National Federation of Independent Business fell in March but the result extends a run of 16 consecutive months above 100, a very high level by historical comparison. A significant concern among small businesses is the declining quality of the available labor force, particularly in the context of an already tight labor market and robust plans for increased hiring in the near future.
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