This Week's State Of The Economy - What Is Ahead? - 15 April 2022

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Apr 18, 2022

This Week's State Of The Economy - What Is Ahead? - 15 April 2022

What do pollen and the Consumer Price Index (CPI) have in common?  Answer; both are hitting new highs.  This week’s U.S. economic data was led by the largest month monthly increase in the Consumer Price Index (CPI) since September 2005.  Local pollen counts have been tracked by the Houston Health Department for about a decade (parts per cubic meter) and last Thursday hit 12,477ppcm, which is the highest recorded in the time they have been tracking.  For perspective anything over 1,500 is considered extremely heavy.  Meanwhile, the squeeze on households' from skyrocketing prices for necessities is as real as our inflamed sinuses and was evident in this week's retail sales data. However, underneath the surface there are signs that pandemic-related inflation is beginning to ease.  See this week’s attached Commentary for more detail (on economics…not pollen counts).




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? - 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? - 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? - 15 December 2023

core CPI remained elevated in November at a 4.0% annual rate, a string of slower monthly prints suggests that disinflation has more room to run.

This Week's State Of The Economy - What Is Ahead? - 28 February 2020

The COVID-19 coronavirus hammered financial markets this week and rapidly raised the perceived likelihood and magnitude of additional Fed accommodation.

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.

This Week's State Of The Economy - What Is Ahead? - 11 February 2022

Deep thought for the week, if a tree falls in the forest, or an Olympics occurs, and no one is there to hear it or see it, did it really occur?

This Week's State Of The Economy - What Is Ahead? - 04 August 2023

Employment growth was broad-based, though reliant on a 87K gain in health care & social assistance. Modest gains from construction, financial activities and hospitality also contributed to private sector job growth.

September 2020 Economy At A Glance

A March survey by the Federal Reserve Bank of Dallas found most exploration firms need West Texas Inter-mediate (WTI) at $49 per barrel or higher to profitably drill a well.

This Week's State Of The Economy - What Is Ahead? - 11 September 2020

In the holiday-shortened week, analysts’ attention remained on the progress of the labor market. Recent jobless claims data remain stubbornly high and point to a slowing jobs rebound.


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.