When the COVID-19 pandemic hit the U.S. economy with full force in late March, causing stock markets and economic indicators to plummet and erasing nearly 20 million jobs in a matter of weeks, many had hoped that this crisis would go away as quickly as…
When the COVID-19 pandemic arrived in the United States in March, forcing widespread lockdowns to contain the spread of the virus, consumer spending fell off a cliff. Following an abysmal April, which saw spending levels down more than 18 percent compa…
Non Manufacturing PMI in the United States decreased to 56.60 points in October from 57.80 points in September of 2020. Non Manufacturing PMI in the United States averaged 54.60 points from 1997 until 2020, reaching an all time high of 62 points in Aug…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Covid’s precision-like timing was supernatural – nothing short of sinister.
Chain Store Sales in the United States decreased to 1798 USD Million in August from 1849 USD Million in July of 2020. Chain Store Sales in the United States averaged 6188.24 USD Million from 1992 until 2020, reaching an all time high of 15875 USD Milli…
Car Production in the United States decreased to 2.32 Million Units in September from 2.49 Million Units in August of 2020. Car Production in the United States averaged 5.86 Million Units from 1967 until 2020, reaching an all time high of 9.92 Million …
Business Confidence in the United States increased to 59.30 points in October from 55.40 points in September of 2020. Business Confidence in the United States averaged 52.88 points from 1948 until 2020, reaching an all time high of 77.50 points in July…
Case Shiller Home Price Index in the United States increased to 229.35 points in August from 226.55 points in July of 2020. Case Shiller Home Price Index in the United States averaged 167.49 points from 2000 until 2020, reaching an all time high of 229…
Capacity Utilization in the United States increased to 72.80 percent in October from 72 percent in September of 2020. Capacity Utilization in the United States averaged 80.08 percent from 1967 until 2020, reaching an all time high of 89.39 percent in J…