Category Archives: Daily

Q1 Expected to Show Moderate to Strong Expansion, False Positives, False Negatives   University of Michigan Consumer Sentiment sank in April to 72.3 after three months of gains. March Retail Sales decreased by 0.4 percent as gasoline prices dropped and … Continue reading →

                                     Income Still Distorted by Tax Changes, Spending Solid U.S. Personal Income increased by 1.1 percent in February after declining by 3.7 percent in January. Real Disposable Personal Income gained 0.7 percent after declining by 4.0 percent in January. Real … Continue reading →

 Mixed Data Suggests Ongoing Momentum, but Also Ongoing Uncertainty March New Orders for Durable Goods gained 5.7 percent as aircraft orders rebounded. The Conference Board’s Consumer Confidence Index fell sharply in March to 59.7. New Home Sales for February fell … Continue reading →

                              Trade Gap Widens as Exports Cool, Labor Data Is Positive The U.S. International Trade Gap widened in January to -$44.4 billion as exports cooled. Private Nonfarm Employment increased by 198,000 jobs in February according to the ADP survey. Initial … Continue reading →

Mixed Data Consistent with Modest-to-Moderate Expansion in Q1 Industrial Production for January decreased by 0.1 percent as motor vehicle output dipped. University of Michigan Consumer Sentiment increased in early February to 76.3. Initial Claims for Unemployment Insurance fell by 24,000 … Continue reading →