First-Quarter GDP Growth Slows to 1.6%, Well Below Forecasts… GDP growth dropped 50% from the third quarter, even though prices moved higher. The combination raised the specter of stagflation. What ...
Week In Review – April 1 2024
New-Home Sales Slipped 0.3% in February to an Annualized Rate of 662,000… The sales rate fell 31.5% in the Northeast. What it means— The median sales price of a new home fell from $414,900 to ...
Week In Review – January 30 2024
U.S. Fourth Quarter Grows at 3.3% on an Annualized Basis… Not counting the pandemic, the third quarter of 2023 at 4.9% and the fourth quarter at 3.3% were the strongest back-to-back quarters since ...
Week In Review – December 27 2023
Personal Consumption Expenditures Index Dropped 0.1% in November, First Decline in More Than Three Years… Annual Personal Consumption Expenditure (PCE) growth slowed to 2.6%, the lowest rate in over ...
Week In Review – October 30 2023
Third-Quarter U.S. GDP Grew at an Annualized Rate of 4.9%… In a surprise to many economists (but not the Atlanta Federal Reserve GDPNow model), the U.S. posted some of the best numbers in a decade, ...