Quarterly Real U.S. GDP Growth First quarter Gross Domestic Product, released on April 26, rose 3.2% versus estimates that averaged approximately 2.5%. The higher-than-expected increase…
ISM Manufacturing PMI The most recent ISM Manufacturing Index increased 2.3% from December 2018, indicating expanding business strength fostered by stronger demand and output. The…
Real Wages—All Employees After many years of stagnant real wage growth (adjusted for inflation), the U.S. labor market saw improvement in wages paid. This was…
Quarterly U.S. GDP Growth Providing a counterpoint to the ISM data, second-quarter U.S. GDP was revised up from 4.1% to 4.2%, which was slightly better…
Quarterly U.S. GDP Growth First quarter GDP growth was 2.63%, the lowest in four quarters; however, the expectations for the current quarter range from 3%…
U.S. Unemployment Rate Unemployment trends remain strong, as indicated above. The most recent unemployment rate was 3.9%, with 164,000 new jobs recorded in the most…
U.S. Unemployment Rate The U.S. unemployment rate remained at 4.1% for the sixth straight month. More robust economic growth, due in part to the federal…
Treasury Yield Curve Markets are looking to new Federal Reserve Chairman Jerome Powell for signals about the direction of interest rates. Expectations for three more…
GDP Fourth quarter GDP grew at annualized rate of 2.6%, down from the previous quarter's rate of 3.2% growth. The change resulted from a downturn…
General Commentary On the whole, the most recent economic data portends a slight lessening of domestic growth. While employment trends are positive, the ISM manufacturing…
Industrial Production Recent data on U.S. industrial production indicates a return to growth, growing 0.3% in September, as opposed to August, during which time industrial…