Economic & Housing Weekly Note Archive
Below you will find an archive of the Economic & Strategic Research Group's weekly snapshot of current macroeconomic and housing data.
June 30, 2022 Weekly Note
Real Consumption Declines as Consumer Confidence in the Future Continues to ErodeJune
Real Consumption Declines as Consumer Confidence in the Future Continues to Erode
Home Sales Generally Trending Downward as Industrial Production Shows Early Signs of Slowing
Fed Hikes Rates by 75 Basis Points to Combat Persistently High Inflation
May Inflation Shows Few Signs of Slowing, Likely Will Continue to Pressure Consumers
Labor Market Remains Resilient, Though Other Indicators Point to a Slowing Economy
May
Housing Activity Looks to Have Turned as New Home and Pending Sales Slow Meaningfully in April
Retail Sales Are Revised Upward, Strengthening Our Near-Term Outlook as Housing Activity Continues to Slow
Annual Inflation Rate Decelerates Due to Base Effects, but Price Pressures Continue to Pressure Consumers
Labor Market Remains Strong as the Fed Increases Pace of Tightening
April
GDP Contracts in Q1 on Falling Net Exports and Inventories, but Underlying Demand Trend Remains Positive for Now
Housing Activity Dips as Mortgage Rates Rise, but Full Effect Yet to Be Seen
Higher Energy Prices Cause Inflation Measures to Accelerate and Consumers to Reduce Real Consumption
Fed Minutes Reveal More Hawkish Plans to Combat Inflation
Labor Market Continues Hot Streak as Home Prices Accelerated to Begin 2022
March
Home Sales Slowing as Mortgage Rates Continue to Rise
Fed Raises Rates for First Time Since 2018 as Housing Shows Early Signs of Slowing
Inflation Accelerates in February as Energy Prices Jump, but Labor Market Indicators Remain Strong
Labor Market Gains Are Robust Again in February as Manufacturing and Service Sector Activity Continue Expansion
February
Consumption and Existing Home Sales Improved in January, but Headwinds for the Economy and Housing Have Since Increased
Near-Term Inflation Shows No Signs of Slowing, but New Home Construction Appears Resilient
Annual Inflation Continues to Accelerate, Likely Prompting Tighter Than Previously Expected Monetary Policy
Labor Market Much Stronger than Previously Thought as Manufacturing, Services Sectors Remain Resilient
January
Economy Grows at Fastest Rate Since 1984 but Is Likely to Slow Moving Forward as Inflation Looms Large in 2022
New Construction Ends the Year Strong While Existing Sales Slide Amid Record Low Inventories
Inflation Continues to Run Hot as Retail Sales Disappoint
Demand for Labor Remains High as Hopeful Signs of Healing Supply Chains Emerge