Economic & Housing Weekly Note Archive

Labor Market Rebounds from October Disruptions as Vehicle Sales Hit Highest Level since 2021

Existing Home Sales Remain Subdued, While Signs Point to Continued Strength in New Home Construction

Control Group Retail Sales Decline Modestly After Strong September, While Core Inflation Remains Sticky

Fed Cuts Rates in Second Consecutive Meeting as Manufacturing and Services Surveys Diverge

GDP Continues to Grow at Solid Pace, While October Labor Market Data Takes a Hit from Strikes and Hurricanes

Existing Home Sales Remain Subdued, While New Sales Push Higher

Retail Sales Remain Strong in September as Single-Family Starts Continue to Rebound

Core CPI Remains Elevated but is Likely to Continue to Gradually Decelerate

September Labor Report Comes in Stronger-Than-Expected as Services Activity Also Jumps

Revisions to National Accounts Show Stronger Income Growth than Previously Thought, Helping to Explain Robust Consumption

Fed Cuts Interest Rates Amid Sluggish Existing Sales but a Rebound in Starts Activity

Inflation Data Continues to Cool as Small Businesses Report Lower Sales Outlooks

Labor Market Stabilizes in August as ISM Indices Continue to Signal Slowing Growth

Personal consumption revised upwards in Q2 as consumer spending remains strong, while home price growth appears to have slowed

New and Existing Home Sales Rise, While the Fed Minutes Suggest a Likely Rate Cut at September FOMC Meeting

Retail Sales Surprise to the Upside, While Inflation Continues to Slow Toward 2-Percent Target

Services Activity Expands Modestly in July, while Bank Lending Conditions Continue to Normalize

Unemployment Rate Rises and Wage Growth Slows

GDP Beats Expectations in the Second Quarter, While June Home Sales Decline

Control Group Retail Sales Show Surprising Strength as Single-Family Starts Continue to Slide

Inflation Eases Again in June as Labor Market and Broader Indicators of Growth Show Signs of Slowing

Consumption Growth Shows Signs of Slowing Despite Easing Inflation, as New and Pending Sales Decline in May

Retail Sales Signal Slowing Consumption as Existing Sales and Housing Starts Soften

May Inflation Data Shows Signs of Progress as Fed Holds Rates Steady

Employment Surveys Continue to Diverge; Manufacturing Activity Contracts but Services Expand

Pending Home Sales Pull Back Sharply as Economic Data Slows Amid Still-Sticky Inflation

Existing and New Home Sales Retreat in April as Interest Rates Weigh on Demand

Inflation Slows from Q1 Pace but Remains Elevated as Retail Sales Slump in April

ISM Services Index Slumps as Credit Conditions Tighten

Employment Growth Slows as Labor Market Normalizes after Hot Q1

GDP Details Continue to Signal a Strong Economy as New and Pending Home Sales Rise

Home Sales and Starts Pull Back in March, While Economic Data Continue to Support Near-Term Growth

Hot Inflation Data Likely to Delay Rate Cuts, Put Upward Pressure on Mortgage Rates

Payroll Growth Continues to Beat Expectations, While Manufacturing Activity Ends 18-Month Slump

GDI Surges to End 2023, but Q1 Indicators Continue to Point to Slowing Growth

Existing Home Sales and New Construction Jump in February

Core Retail Sales Growth Remains Soft, and Inflation Reports Push Bond Market Expectations Closer to Fed Rate Cut Guidance

Payroll Employment Remains Strong While Other Indicators Point to Softening

January Consumption Contracts, While Pending Sales Retreat from Higher Mortgage Rates

Existing Sales Rise in January as Mortgage Rates Eased

Single-Family Construction is Lone Bright Spot as Inflation Comes in Hot and Retail Sales Slide

Services Activity Improves, Though Business and Consumer Lending Remain Soft

Fed Remains Patient on Future Rate Cuts as Job Gains Pop

Economic Growth Beat Expectations to End 2023; Home Sales Poised to Trend Upward

Retail Sales Point to Resilient Consumers, while Existing Home Sales Fall Again to End 2023

CPI Comes in Warm but Remains on Path to 2-Percent Target as Broader Economic Activity Slows

Employment Gains Remain Strong Despite Continued Contraction in Manufacturing Activity