Economic Outlook – 17 September 2017
US Consumer prices rose 0.4% in August, the largest monthly jump since January. Leading the index was a 2.8% rise in energy costs. Prices for gasoline had already been inching higher ahead of the Harvey-related [...]
Economic Outlook – 10 September 2017
US Jobless claims jumped to 298K from 236K in the prior week. The Labor Department reported an unadjusted increase of roughly 52K claims in Texas. It is reasonable to expect claims will continue to rise [...]
Economic Outlook – 3 September 2017
US Payroll growth slowed in August with employers adding 156,000 jobs. It is worth noting that the initial print for August payrolls has historically seen the largest upward revisions between the first and third release. [...]
Economic Outlook – 27 August 2017
US New home sales posted a 9.4% monthly drop in July to a 571,000-unit pace, but June’s print was revised up 20,000 units to 630,000. While 9.4% in one month is eye-catching, new home sales [...]
Economic Outlook – 20 August 2017
US US retail sales rose 0.6% to kick off the third quarter, topping expectations for a 0.3% gain. The strength in retail sales was broad based, with motor vehicle and parts dealers’ sales increasing 1.2% [...]
Economic Outlook – 13 August 2017
US CPI consensus had estimated prices increased at a 0.2% pace in July, for both the headline and core CPI. The print came in softer than forecasted for the fourth consecutive month, as both headline [...]