This Week's State Of The Economy - What Is Ahead? - 04 March 2022

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Mar 08, 2022

This Week's State Of The Economy - What Is Ahead? - 04 March 2022

February's employment data showed the economy had strong momentum, but that seems pretty dated now with Russia's invasion of Ukraine and the Fed's shift to a more hawkish tone on monetary policy. Higher prices will reduce consumers' buying power, not the least of which is the distinct possibility that gas prices top $4/gal. for the first time since July 2008.  Good news is that household and corporate balance sheets remain exceptionally strong. Moreover, supply will be striving to catch up with demand over the next year or so, which should support continued output and employment growth as firms rebuild inventories and bolster hiring.




This Week's State Of The Economy - What Is Ahead? - 06 December 2019

The latest hiring data are an encouraging sign that the U.S. economy is withstanding the global slowdown and continued trade-related uncertainty.

This Week's State Of The Economy - What Is Ahead? - 01 May 2020

U.S. GDP declined at an annualized rate of 4.8% in the first quarter, only a hint of what is to come in the second quarter.

This Week's State Of The Economy - What Is Ahead? - 30 September 2022

Just as I know the folks in Florida are resilient and will recover in time, incoming data indicate a slowing yet resilient economy.

This Week's State Of The Economy - What Is Ahead? - 13 November 2020

The combination of the election outcome and a workable vaccine boosted financial markets and set the background music for this week’s short list of indicators.

This Week's State Of The Economy - What Is Ahead? - 24 July 2020

Initial jobless claims rose to just over 1.4 million for the week ending July 18. Continuing claims fell to about 16.2 million. Initial claims edging higher suggests that the resurgence of COVID-19 may be taking a toll on the labor market recovery.

This Week's State Of The Economy - What Is Ahead? - 18 October 2019

Personal consumption is still on track for a solid Q3, but retail sales declined in September for the first time in seven months.

This Week's State Of The Economy - What Is Ahead? - 12 February 2021

Market attention was concentrated on the January consumer price data, as inflation has come back into focus.

This Week's State Of The Economy - What Is Ahead? - 27 January 2023

Real GDP expanded at a 2.9% annualized pace in Q4. While beating expectations, the underlying details were not as encouraging. Moreover, the weakening monthly indicator performances to end the year suggest the decelerating trend will continue in Q1.

This Week's State Of The Economy - What Is Ahead? - 07 February 2020

U.S. employers added 225K new workers to their payrolls in January, which handily beat expectations. But the factory sector shed jobs for the third time in four months, and net layoffs were reported for finance and retail as well.

This Week's State Of The Economy - What Is Ahead? - 09 October 2020

Weekly first time unemployment claims highlighted an extraordinarily slow week for economic news. Jobless claims fell slightly but continuing claims fell by one million.


Instagram

@ tcgcrealestate

Subscribe Now! IT's Free

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

Copyright © 2024 TC Global Commercial. All rights reserved.