This Week's State Of The Economy - What Is Ahead? - 10 June 2022

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Jun 13, 2022

This Week's State Of The Economy - What Is Ahead? - 10 June 2022

CPI increases continue to sizzle like this weekend’s temperature, putting consumers in a worse mood than Texas Rangers fans (with their 9.5 games back $500 million middle infield).  In case you’ve been in a news blackout, the Labor Department reported this morning that year-over-year consumer prices rose 8.6% in May, the biggest monthly jump since December, 1981 and breaking the previous “biggest jump since 1981” set in…..April.  It’s fair to say that the Feds previously telegraphed 0.50% rate increases next week and again in July remain on track.  To the extent that inflation is a global issue, it’s worth noting that the European Central Bank has also jumped on the rate increase bandwagon with guidance to expect a 0.25% rate increase in July followed by a series of larger increases.




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? - 21 June 2024

Retail sales rose just 0.1% over the month, falling short of consensus and suggesting that consumers may finally be feeling some spending fatigue.

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? - 19August 2022

July data indicates that we celebrated a decline in gas prices by going shopping, boosting retail sales figures. I’m not sure I get the connection...

This Week's State Of The Economy - What Is Ahead? - 01 October 2021

Economic data this week indicated that the ongoing expansion still has some momentum despite some familiar headwinds, though this week\'s releases were largely overshadowed by a busy week on Capitol Hill.

This Week's State Of The Economy - What Is Ahead? - 21 April 2023

The Leading Economic Index (“LEI”) continued to flash contraction as early signs of labor market weakening are starting to emerge. Meanwhile, a batch of housing data confirmed that a full-fledged housing market recovery is still far off.

This Week's State Of The Economy - What Is Ahead? - 15 November 2019

Retail sales beat expectations and rose 0.3% in October, reflecting the ongoing strength of the consumer. Control group sales, a major input to GDP, also increased 0.3%.

July 2020 Economy At A Glance

The recent surge in COVID-19 cases indicates that elected officials re-opened the economy too soon, that too many Americans are flaunting social distancing guidelines, and that the virus is likely to be around longer than we’d hoped.

This Week's State Of The Economy - What Is Ahead? - 20 December 2019

President Trump became the third president in U.S. history to be impeached by the House, but removal by the Senate is highly unlikely. The House also passed the USMCA, which should be signed into law in early 2020.

This Week's State Of The Economy - What Is Ahead? - 4 October 2019

Survey evidence flashed signs of contraction in the manufacturing sector and indicated weakness spreading to the services side of the economy, while employers added a less-than-expected 136K jobs in September.


Instagram

@ tcgcrealestate

Subscribe Now! IT's Free

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

Copyright © 2025 TC Global Commercial. All rights reserved.