This Week's State Of The Economy - What Is Ahead? - 10 September 2021

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Sep 13, 2021

This Week's State Of The Economy - What Is Ahead? - 10 September 2021

Data from the opening weekend of College Football indicates that we will have to endure another season of Nick Saban deification.  Tomorrow his Alabama Crimson Tide tackle the mighty Mercer Bears (whose football program dates all the way back to….2013).  In other data from the past week, the Job Opening and Labor Turnover Survey for July indicated that the labor market was tighter than other measures may suggest. While the July JOLTS data are a bit dated, given the evolution of the pandemic over the past two months, initial jobless claims have continued to come down and reached a post-pandemic low in the week of September 4.  Maybe all is not lost.




This Week's State Of The Economy - What Is Ahead? - 22 November 2019

Minutes from the October FOMC meeting indicated the Fed is content to remain on the sidelines for the rest of this year as the looser financial conditions resulting from rate cuts at three consecutive meetings feed through to the economy.

This Week's State Of The Economy - What Is Ahead? - 16 September 2022

Financial markets reacted in a zig-zag pattern to this week\'s economic data ahead of the next FOMC meeting. Price pressure is still not showing the sustained slowdown the Fed needs before it takes its foot off the throttle of tighter policy.

This Week's State Of The Economy - What Is Ahead? - 21 May 2021

Over the past year, the housing market has become white-hot.

This Week's State Of The Economy - What Is Ahead? - 09 September 2022

The ISM services index came in stronger than expected, and the underlying details pointed to service sector resilience with business activity and new orders notching their highest reading this year.

This Week's State Of The Economy - What Is Ahead? - 03 November 2023

Although payroll growth is easing, the labor market remains relatively tight. The unemployment rate inched up to 3.9% in October, slightly higher than the cycle low of 3.4% first hit in January 2023, but still low compared to historical averages.

This Week's State Of The Economy - What Is Ahead? - 03 March 2023

Looking at Q4 GDP, Australia\'s economy grew by less than expected, GDP was flat for the quarter in both Canada and Switzerland, and Sweden\'s economy contracted in the final quarter of last year.

This Week's State Of The Economy - What Is Ahead? - 22 April 2022

I’ll wish you a Happy Earth Day anyway. Don’t expect a card this year. While the Earth continues to thankfully revolve at a steady rate, rising mortgage rates appear to be slowing residential activity

This Week's State Of The Economy - What Is Ahead? - 23 April 2021

This week\'s lighter economic calendar allowed forecasters more time to assess the implications from the prior week\'s blowout retail sales report.

This Week's State Of The Economy - What Is Ahead? - 27 May 2022

it looks like higher mortgage rates are starting to have some effect on the housing market as April...

This Week's State Of The Economy - What Is Ahead? - 29 May 2020

The beginning of this week saw some optimism that the economic downturn could be relatively short-lived, but data through the rest of the week provided grim reminder of the economic damage from COVID-19.


Instagram

@ tcgcrealestate

Subscribe Now! IT's Free

Stay up to date with all news coming straight in your mailbox.

Copyright © 2023 TC Global Commercial. All rights reserved.