This Week's State Of The Economy - What Is Ahead? - 22 April 2022

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Apr 27, 2022

This Week's State Of The Economy - What Is Ahead? - 22 April 2022

Although it feels a little exclusionary since there aren’t special days set aside to celebrate the other planets, 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. Existing home sales fell 2.7% during March. Housing starts inched up 0.3% during March. However, single-family starts declined 1.7% during the month and single-family permits dropped 4.8%. The NAHB index fell two points to 77 in April. The Leading Economic Index (LEI) expanded 0.3% in March, reflecting slower-but-still positive economic growth.  See this week’s attached Commentary for more discussion of current economic trends.  Earth Day, on the other hand, was totally ignored.




This Week's State Of The Economy - What Is Ahead? - 25 March 2022

The fact that capital goods shipments surprised on the upside was one of the few things that went right in this week\'s durable goods report.

This Week's State Of The Economy - What Is Ahead? - 11 August 2023

During July, both the headline and core Consumer Price Index (CPI) rose 0.2%. On a year-over-year basis, the core CPI was up 4.7% in July. Recent signs have been more encouraging, with core CPI running at a 3.1% three-month annualized pace.

This Week's State Of The Economy - What Is Ahead? - 05 June 2020

Data this week continued to suggest the U.S. economy hit rock bottom in April. Still, it is a long road to recovery and the pickup in economic activity will be gradual.

This Week's State Of The Economy - What Is Ahead? - 25 June 2021

Supply chain bottlenecks continue to cause pain-in-the-necks. In spite of all the difficulties, the Economic whizzes in the WF Economics team have upgraded their forecast for full-year 2021 U.S.

13 January 2021 Monthly Outlook Report

The U.S. economy appears to be losing some momentum as the calendar turns to 2021 and the public health situation continues to deteriorate.

This Week's State Of The Economy - What Is Ahead? - 12 August 2020

The consumer has been a bright spot in the recovery so far, but with jobless benefits in flux and no clear path for the long-awaited stimulus bill, the support here could fade.

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).

How Long Can US Businesses Remain Shut Down?

The sudden stop in economic activity caused by the COVID-19 pandemic means that many businesses will need to rely on their cash reserves to survive the next few months.

This Week's State Of The Economy - What Is Ahead? - 03 February 2023

During January, payrolls jumped by 517K, the unemployment rate fell to 3.4% and average hourly earnings rose by 0.3%. The FOMC raised the fed funds target range by 25 bps to 4.5%-4.75% this week.

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.


Instagram

@ tcgcrealestate

Subscribe Now! IT's Free

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

Copyright © 2023 TC Global Commercial. All rights reserved.