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Economic Data
Commentary
Economic Data
Market-Based Indicators
The Impact of Lower Interest Rates Is Already Being Felt
Economic Data
Joseph Y. Calhoun, III
-
September 18, 2024
Mortgage applications in the last week rose 14.2% from the previous week as lower rates impact the economy even before the Fed starts their...
Employment Report Adds To Recession Fears
Economic Data
Joseph Y. Calhoun, III
-
August 2, 2024
The unemployment rate rose to 4.3 percent in July, and nonfarm payroll employment edged upby 114,000, the U.S. Bureau of Labor Statistics reported today....
The Economy Continues To Grow At Trend
Commentary
Joseph Y. Calhoun, III
-
July 27, 2024
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the second quarter of 2024, according...
Do Homebuilders Have An Inventory Problem?
Economic Data
Joseph Y. Calhoun, III
-
July 19, 2024
Housing starts and building permits both rose in June: Building Permits Privately-owned housing units authorized by building permits in June were...
Inflation Reports Offer Conflicting Information
Economic Data
Joseph Y. Calhoun, III
-
July 12, 2024
The Bureau of Labor Statistics released the Consumer and Producer Price indexes this week. Consumer prices fell 0.1% in...
US Adds 206,000 Jobs In June
Economic Data
Joseph Y. Calhoun, III
-
July 5, 2024
Total nonfarm payroll employment increased by 206,000 in June, and the unemployment ratechanged little at 4.1 percent, the U.S....
Services PMIs
Economic Data
Joseph Y. Calhoun, III
-
July 3, 2024
S&P Global US Services PMI and the ISM Services PMI were both released today with contradictory readings on the...
ADP Employment Report: US Adds 150,000 Jobs In June
Economic Data
Joseph Y. Calhoun, III
-
July 3, 2024
ROSELAND, N.J. – July 3, 2024 – Private sector employment increased by 150,000 jobs in June and annual pay...
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