Weekly Economic Outlook

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

Economic Outlook – 22 November 2020

US Retail sales improved by 0.3% in October, extending their winning streak to six months. The outturn, however, was below market expectations and a marked deceleration in the pace of gains from the 1.5% av­eraged [...]

Economic Outlook – 15 November 2020

US Small business confidence was unchanged in October, although business owners are clearly concerned about the future path of economic policy. The uncertainty index jumped to 98.0 in October, near a record high. The election [...]

Economic Outlook – 8 November 2020

US October NFP (nonfarm payrolls) showed another month of solid gains. The improvement in the unemploy­ment rate was even more impressive, falling a full percent­age point to 6.9% from 7.9%. Just as encouraging, the report [...]

Economic Outlook – 1 November 2020

US The American economy rebounded sharply in Q3 following one of the steepest contractions on record in Q2. Economic growth accelerated at a 33.1% annualized pace, re­covering about two-thirds of the activity lost in the [...]

Economic Outlook – 25 October 2020

US The September existing home sales report reinforced the notion that the housing market remains a bright spot, even as most sectors of the economy continue to struggle under the weight of the pandemic. After [...]

Economic Outlook – 18 October 2020

US The latest inflation report should quiet the stagflation chatter that had emerged after a couple of hot months for core inflation. Both headline and core CPI rose a middling 0.2% in the month of [...]