An Update on the Banking Crisis
It has been roughly four months since the regional banking crisis started with the failure of Silicon Valley Bank in March. With several months of
It has been roughly four months since the regional banking crisis started with the failure of Silicon Valley Bank in March. With several months of
In this report, we’ll review the most recent Employment Situation data and use our Leading and Coincident Employment Indexes, as well as the breakdown of
What You Should Look For In This Week’s Jobs Report The fate of the next Federal Reserve decision will be decided on Friday. If the
With the most recent personal income and personal consumption data, the Aggregate Coincident Index declined in May to a growth rate of 1.2%. As a
Interest rates in the United States and around the world have been declining for decades. More specifically, “real” interest rates have been declining in what
This was a very busy week of macro data and events, including updates to the CPI, retail sales, industrial production, initial jobless claims, and the
This was a very light week of economic news, so in this update, we’ll focus on the weekly labor data to help refine and update
When the economy moves into recession or out of recession, it doesn’t happen all at once. It’s a process. In this post, we will look
The BLS modeled that the economy added 339,000 jobs in May, much higher than consensus expectations. When the headline nonfarm payrolls number surprises strongly to
An objective reading of the business cycle shows that a recession in the United States is imminent. Leading indicators of the business cycle continue to
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