ISM manufacturing decreases in April
The ISM Manufacturing Index registered 55.4 points in April, 1.7 percentage points lower than the…
The ISM Manufacturing Index registered 55.4 points in April, 1.7 percentage points lower than the…
The first estimate for GDP in Q1 2022 came in well under expectation, contracting at an annualized rate of 1.4%. This was largely due to worsening net exports and a decline in private inventories and government spending.
Real GDP decreased at a seasonally adjusted annual rate of 1.4% during the first quarter of 2022, according to the Bureau of Economic Analysis’s “advance” estimate.
New orders for manufactured durable goods in March increased $2.3 billion or 0.8% to $275.0…
New single-family home sales fell to a seasonally adjusted annual rate of 763,000 in March,…
Real yields on treasury bonds have soared into near-positive territory on the back of Fed tightening. In the last month alone, five-year treasury yields increased nearly 1 percentage point. Fed Chairman Jerome Powell signaled on Thursday that a 50 basis point hike is likely in the May FOMC meeting.
Existing-home sales fell 2.7% in March to a seasonally adjusted annual rate of 5.77 million,…
Housing starts were at a seasonally adjusted annual rate of 1.793 million in March, according…
The National Association of Home Builders/Wells Fargo Housing Market Index decreased two points to 77…
Economic activity expanded at a moderate pace between February and mid-April, though outlooks for future growth remained uncertain, given current geopolitical and inflation conditions, according to the Federal Reserve’s Beige Book release of the year.