Category: Economy

New single-family home sales declined 0.3% in February to a 0.662 million annual rate, below the consensus expected 0.677 million. […]

We’ve mentioned this before, but it bears repeating.  It seems that investors pay as close attention to what the government […]

Existing home sales increased 9.5% in February to a 4.380 million annual rate, easily beating the consensus expected 3.950 million. […]

There was zero chance the Fed was going to cut rates today; instead it was all about what today’s meeting, […]

Housing starts increased 10.7% in February to a 1.521 million annual rate, easily beating the consensus expected 1.440 million.  Starts […]

The Fed meets this week, which means investors and analysts will be sifting through Wednesday’s FOMC statement, updated economic projections, […]

Industrial production increased 0.1% in February (-0.3% including revisions to prior months) versus a consensus expectation of no change.  Utilities […]

Retail sales rose 0.6% in February (+0.1% including revisions to prior months), lagging the consensus expected gain of 0.8%.  Retail […]

The Producer Price Index (PPI) rose 0.6% in February, coming in well above the consensus expected +0.3%.  Producer prices are […]

The Consumer Price Index (CPI) rose 0.4% in February, matching consensus expectations.  The CPI is up 3.2% from a year […]

If you only look at the headlines about the monthly payroll report, the job market has looked surprisingly strong in […]

Nonfarm payrolls increased 275,000 in February, beating the consensus expected 200,000.  Payroll gains for December and January were revised down […]

The trade deficit in goods and services came in at $67.4 billion in January, larger than the consensus expected $63.5 […]

The ISM Non-Manufacturing index declined to 52.6 in February, lagging the consensus expected 53.0 (Levels above 50 signal expansion; levels […]

Washington DC continues to spend much more than it gets in revenue.  In the Calendar Year of 2023, the federal […]