Weekly Economic Outlook

Weekly Economic Outlook 2017-05-01T17:51:08+00:00

Economic Outlook – 21 May 2017

US Industrial production jumped 1.0% in April, surpassing expectations for a more modest increase. The series is now 2.2% above its year-ago level, which marks the strongest pace since 2014. The report details showed broad-based [...]

Economic Outlook – 14 May 2017

US The National Federation of Independent Business (NFIB) Small Business Optimism Index kicked off the week with a small decline of 0.2 points in April. The decline was led by a drop in expectations for [...]

Economic Outlook – 7 May 2017

US The ISM manufacturing index showed factory sector activity had cooled a bit in April. The reading of 54.8 was the third consecutive decline and was lower than consensus. At 54.8, however, the index remains [...]

Economic Outlook – 30 April 2017

US First estimate of Q1 GDP growth was expected to be on the weak side, as Q1 has tended to be many times over the past decade. Still, residual seasonality in the series does not [...]

Economic Outlook – 23 April 2017

US Housing market data released last week were generally mixed but continued to improve on trend. The NAHB / Wells Fargo Housing Market Index fell three points in April from its cycle-high in March. Despite [...]

Economic Outlook – 16 April 2017

US Headline US retail sales fell in line with expectations in March, declining 0.20%. February’s already soft print was revised lower, however. Weakness in auto sales continued to weigh on the headline, with auto sales [...]