Last week saw continued growth in COVID-19 cases. We are likely to hit new records and an eventual peak in daily cases in the next seven to 10 days. The rise in COVID-19 cases in December resulted in job losses…

The last two weeks of December provided several key data points for November that revealed declining momentum in the economy. The holiday weeks also provided updated readings on consumer sentiment and confidence that did not indicate improving trends in the…

Last week, we saw continued growth in COVID-19 cases but at a slowing pace. Record cases and new restrictions are causing a continued uptick in new jobless claims. Consumer sentiment improved modestly last week, building upon improvement that came as…

Little new information emerged from the Fed today as they issued their official statement following their December and final meeting of the year. In fact, the only change in the official statement was more specific details about their program of…

This week was the worst week yet for the pandemic in the U.S. with record cases, hospitalizations and deaths. Record cases and new restrictions are causing an uptick in the jobless numbers. Job losses soar: Rising COVID-19 cases this fall…

Daily new COVID-19 cases have resumed an upward trend that hit a new record late last week. Hospitalizations are also at new records, leading to ICU capacity problems and state and local governments issuing new restrictions. The impact on the…

November saw a record number of new COVID-19 cases and hospitalizations. Consumer confidence is declining, and consumer spending decelerated in October before we began to see weekly increases in initial claims for unemployment in November. The 13.7 million consumers who…

Daily new COVID-19 cases continue an upward trend that is producing records. We saw more than 186,000 on Thursday. At this pace, we will likely see 200,000 today or tomorrow. Hospitalizations are also at new record highs, and daily deaths…