U.S. monetary policy was unchanged today as the Fed issued their official statement following their second meeting of 2021. The biggest changes in the official statement were in this section covering current conditions: “…indicators of economic activity and employment have…

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…