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

By: Taro Chellaram /Wells Fargo Economics & Financial Report/May 29, 2022

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.  Aside from economics, this is also the time of year when a fresh crop of college graduates arrives on the scene to lend their efforts to moving the economy forward.  Congratulations to them and their financial supporters (i.e. parents) as well as the graduating high school seniors who will now be entering that next phase of their education, whether in college, the military or the “school of life”.  Congrats to them as well.




This Week's State Of The Economy - What Is Ahead? - 20 March 2020

Daily life came to a screeching halt this week as governments, businesses and consumers took drastic steps to halt the COVID-19 pandemic.

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? - 27 October 2023

The U.S. economy expanded at a stronger-than-expected pace in Q3, with real GDP increasing at a robust 4.9% annualized rate.

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? - 20 October 2023

Treasury yields surged this week due to strong economic activity, impacting expectations for longer-term rates. New home sales led to a rise in single-family permits, but spiking mortgage rates are testing builder affordability strategies.

This Week's State Of The Economy - What Is Ahead? - 09 June 2023

An unexpected spike in jobless claims is a sign that cracks are forming in the labor market. Higher mortgage rates look to be hindering a housing market rebound.

This Week's State Of The Economy - What Is Ahead? - 17 May 2024

The Producer Price Index (PPI) was a bit firm in April, rising 0.5% amid higher services prices, though it did come with slight downward revisions to prior month\'s data.

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? - 04 November 2022

Employers continued to add jobs at a steady clip in October, demonstrating the labor market remains tight and the FOMC will continue to tighten policy.

This Week's State Of The Economy - What Is Ahead? - 17 April 2020

Economic data from the early stages of the Great Shutdown have finally arrived, and they are as bad as feared. ‘Worst on record’ is about to become an all too common refrain in our commentary.


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.