ISM Non‐Manufacturing Index October 2022
The ISM Non-Manufacturing index declined to 54.4 in October, below the consensus expected 55.3. (Levels above 50 signal expansion; levels […]
The ISM Non-Manufacturing index declined to 54.4 in October, below the consensus expected 55.3. (Levels above 50 signal expansion; levels […]
The Federal Reserve plans to keep raising rates at future meetings, but at a slower pace than it has for […]
The ISM Manufacturing Index declined to 50.2 in October, narrowly beating the consensus expected 50.0. (Levels higher than 50 signal […]
After nearly three years of the economic and financial market distortion due to COVID lockdowns, money printing, and massive government […]
Personal income rose 0.4% in September (+0.5% including revisions to prior months), matching consensus expectations. Personal consumption increased 0.6% in […]
New orders for durable goods rose 0.4% in September (+0.7% including revisions to prior months), coming in below the consensus […]
Real GDP increased at a 2.6% annual rate in Q3, beating the consensus expected 2.4%. The largest positive contribution for […]
New single-family home sales declined 10.9% in September to a 0.603 million annual rate, beating the consensus expected 0.580 million. […]
Most investors we talk to think the US is already in a recession or that a recession will start by […]
Existing home sales declined 1.5% in September to a 4.710 million annual rate, narrowly beating the consensus expected 4.700 million. […]
Housing starts declined 8.1% in September to a 1.439 million annual rate, lagging the consensus expected 1.461 million. Starts are […]
Industrial production increased 0.4% in September (+0.7% including revisions to prior months), beating the consensus expected gain of 0.1%. Utilities […]
The Nobel Prize in Economics was recently awarded to former Federal Reserve Chairman Ben Bernanke, as well as professors Douglas […]
