Tag Archives: Gross Domestic Product

Forecast for the Week: US economic growth is front and center with 3rd Quarter GDP hitting the wires

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As you can see, what the Fed says about the economy and inflation can have a big impact on rates and the financial markets. This coming week may be another exciting and potentially volatile one as the Fed will see one of the more important economic reports of the month… Read more »

Forecast for the Week: News on housing, GDP and inflation highlight this week’s economic calendar

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This week features key reports across a wide range of sectors. • Look for housing news with the S&P/Case-Shiller Home Price Index on Tuesday and Pending Home Sales on Wednesday. • Consumer Confidence and the Consumer Sentiment Index will be released on Tuesday and Friday, respectively. • Gross Domestic Product… Read more »

Last Week in Review: Home sales slumped in June while second quarter economic growth soared

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Existing Home Sales declined for the third straight month in June, falling 0.6 percent from May to an annual rate of 5.38 million units, the National Association of REALTORS® reported. Declines in the West and South outpaced gains in the Northeast and Midwest. From June 2017 to June 2018, sales… Read more »

Last Week in Review: Sales of new homes rose in May while annual inflation readings edged higher

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Sales of new homes rose 6.7 percent from April to an annual rate of 689,000, the Commerce Department reported. However, April’s sales figure was revised lower to 646,000 from the original reading of 662,000. From May 2017 to May 2018, sales surged 14.1 percent. There was a 5.2-month supply of… Read more »

Last Week in Review: Geopolitical headlines moved the markets and May job growth beat expectations

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The Bureau of Labor Statistics reported that Non-Farm Payrolls rose 223,000 in May, above expectations and up from 159,000 in April. April and March were revised for an increased total of 15,000 more jobs than previously reported. May Average Hourly Earnings also rose 0.3 percent, in line with estimates, and… Read more »