This Week's State Of The Economy - What Is Ahead? - 30 July 2021

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Aug 11, 2021

This Week's State Of The Economy - What Is Ahead? - 30 July 2021

The big news for the day is the opening of the very first Louis Vuitton men’s store in Texas in the Houston Galleria.  Really, that seems like much more of a Dallas thing to me.

 

In other news, although the headline rate of Q2 GDP came in softer than expectations, part of that was due to supply chain problems as businesses had to draw down inventories to meet demand, resulting in a drag on growth and, I might add, also continuing to drag down bank working capital line borrowings.




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? - 17 January 2020

Mild weather helped housing starts surge 16.9% in December to a 1.61 million-unit pace, the highest in 13 years. Manufacturing surveys from the New York Fed and Philadelphia Fed both rose more than expected in December.

This Week's State Of The Economy - What Is Ahead? - 01 March 2024

Economic data were downbeat this week, as downward revisions took some of the shine out of the marquee headline numbers. Despite the somewhat weak start to Q1, economic growth continues to trek along.

This Week's State Of The Economy - What Is Ahead? - 16 August 2019

Markets gyrated this week as the spread between the ten- and two-year Treasury\'s turned negative for the first time since 2007. Financial markets seem to expect that the sharp slowdown in growth overseas will soon spread to the United States.

28 January 2021 Economic Outlook Report

In our recently released second report in this series of economic risks, we focused on the potential of demand-side factors to lead to significantly higher U.S. inflation in the next few years.

This Week's State Of The Economy - What Is Ahead? - 24 February 2023

Existing home sales declined 0.7% in January, while new home sales leaped 7.2%. Real personal spending shot higher in January, and solid growth in discretionary spending suggests continued consumer resilience.

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?

How will Fed rates-cut and Trump 10% tariff on $300 Billion Chinese Goods countered by Chinese currency devaluation against Dollar, affect inflation and economic slowdown in US economy?

This Week's State Of The Economy - What Is Ahead? - 17 February 2023

Inflation in the U.K. receded for the third straight month in January, with the headline rate coming in at 10.1% year-over-year. In bad news, this is still five times the Bank of England\'s 2% target.

This Week's State Of The Economy - What Is Ahead? - 20 May 2022

U.S. retail sales topped expectations in April, while industrial production also grew more rapidly than economists expected. Data on housing starts, home sales and homebuilder sentiment, however, showed tentative signs of cooling.


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