Retail Sales Rose a Bit in May, But April Sales Were Revised Down a Bit…The report showed spending falling the most on gas station purchases and home improvement while rising the most on specialty ...
Week In Review – April 1 2024
New-Home Sales Slipped 0.3% in February to an Annualized Rate of 662,000… The sales rate fell 31.5% in the Northeast. What it means— The median sales price of a new home fell from $414,900 to ...
Week In Review – March 25 2024
The Federal Open Market Committee Issued Its Monetary Policy Statement and Held Rates Steady at 5.50%… After the announcement, the future probability of a rate cut rose to 67%. What it means— Did ...
Week In Review – March 19 2024
Consumer Price Index Rose 0.4% in February, Was Up 3.2% Over the Last Year… The core Consumer Price Index (CPI), excluding food and energy, fell to 3.8%, but it was higher than the forecast of ...
Week In Review – January 8 2024
U.S. Economy Added 216,000 Jobs in December, Unemployment Remained at 3.7%… The number of jobs created beat the consensus of 170,000. What it means— Don’t be distracted by the headline jobs ...