The downward trend in new daily COVID-19 cases continues. Improving conditions are leading to rollbacks of restrictions, and economic activity and employment are improving as a result. Traditional jobless claims are seeing gradual declines. However, pandemic assistance claims, which have…
The downward trend in new daily COVID-19 cases continues, and the vaccine rollout is accelerating. Improving conditions are leading to rollbacks of restrictions, and employment data are starting to reflect solid job gains as a result. Jobs recovery resumes: February saw…
We are past the effect of the severe winter weather a week ago. As a result, COVID-19 testing is growing again, and the new daily case trend is again on the rise. Still, it remains well below the case trend…
The downward trend in new daily COVID-19 cases continues, but winter weather impacted economic activity and vehicle sales over the past two weeks though housing strengthened. Retail sales rise: Retail sales jumped in January, supported by the $600 stimulus checks…
The downward trend in new daily COVID-19 cases continues. Improving conditions are leading to rollbacks of restrictions, and economic activity and employment should improve as a result. For now, traditional jobless claims are seeing gradual declines, but pandemic assistance claims…
The downward trend in new daily COVID-19 cases continues. Improving conditions are leading to rollbacks of restrictions. Economic activity and employment should improve as a result. Job gains small: January only saw meager gains in jobs, but the declining trend…
The downward trend in new daily COVID-19 cases continues, but new variants are raising concerns. The economy grew in the fourth quarter. Consumer spending slowed, savings grew, and consumer confidence improved. Economy grows: The first estimate of fourth quarter 2020…
Little new information emerged from the Fed today as they issued their official statement following their first meeting of 2021. The biggest change in the official statement was acknowledging that “… the pace of the recovery in economic activity and…
The downward trend in new daily COVID-19 cases continues. Hospitalizations and deaths are on the decline as well. The pandemic risk remains at the highest level for much of the country, but conditions should improve as the month ends. On…
We are now seeing a downward trend in new daily COVID-19 cases. The pandemic risk remains at the highest level for much of the country, but conditions should improve in coming weeks. The trailing data on jobless claims is tracking…
