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, ...
Week In Review – August 28 2023
Kansas City Federal Reserve Economic Policy Symposium Kicks Off Today in Jackson Hole, WY… Central bankers from around the world gathered this week to discuss policy. Fed Chair Jay Powell delivered ...
Week In Review – July 31 2023
Federal Reserve Raises Rates 0.25%, to a Range of 5.25% to 5.50%… The Federal Open Market Committee (FOMC) did what everyone expected, raising rates by 0.25% and declaring that they are data ...
Week In Review – May 2 2023
New Home Sales Jump in March, Reach the Highest Level Since March of Last Year… March new home sales increased 9.6% over February, reaching the highest level since March 2022, but were still down 3.4% ...
Week In Review – January 31 2023
GDP Expanded by 2.9% in the Fourth Quarter, is up 2.2% for the Year… Personal consumption increased 2.1% last quarter and businesses added to inventory. Fixed residential investment dropped. What ...