International Trade June 2022
The trade deficit in goods and services came in at $79.6 billion in June, slightly smaller than the consensus expected […]
The trade deficit in goods and services came in at $79.6 billion in June, slightly smaller than the consensus expected […]
The ISM Non-Manufacturing index increased to 56.7 in July, easily beating the consensus expected 53.5. (Levels above 50 signal expansion; […]
View from the Observation Deck 1. On 7/29/22, the S&P 500 Index closed the trading session at 4,130.29, which was […]
The ISM Manufacturing Index declined to 52.8 in July, beating the consensus expected 52.0. (Levels higher than 50 signal expansion; […]
The Federal Reserve raised short-term interest rates by three-quarters of a percentage point (75 basis points) on Wednesday. The day […]
Personal income rose 0.6% in June, beating the consensus expected +0.5%. Personal consumption rose 1.1% in June, versus a consensus […]
Real GDP declined at a 0.9% annual rate in Q2, lagging the consensus expected +0.4% rate. The largest negative drag […]
View from the Observation Deck 1. Today’s blog post is for those investors who want to drill down below the […]
New orders for durable goods rose 1.9% in June, easily beating the consensus expected decline of 0.4%. Orders excluding transportation […]
New single-family home sales declined 8.1% in June to a 0.590 million annual rate, below the consensus expected 0.655 million. […]
View from the Observation Deck 1. Ecommerce sales in the U.S. have flourished throughout the COVID-19 pandemic (Q2’20-Q1’22). 2. Quarterly […]
To many investors, this week’s GDP report is more important than usual. The reason is that real GDP declined in […]
