Business Conditions

“The manufacturing-sector recovery continues, though output remains slightly below pre-pandemic levels.” – Robert Hughes

“Consumer sentiment fell in February, driven by a weaker economic outlook, especially among lower-income consumers.” – Robert Hughes

“Personal income jumped in January as government payments surged but excluding government distortions, incomes fell.” – Robert Hughes

“Manufacturers’ new orders for durable goods rose in January, with core capital goods hitting another record high. The strong showing is a positive sign for the overall outlook.” – Robert Hughes

“Initial claims fell to the lowest level since November, but overall, data suggest the labor market remains fragile.” – Robert Hughes

“The single-family housing market remains a bright spot for the economy, supported by low interest rates and strong demand, but headwinds may be forming.” – Robert Hughes

“Consumer attitudes improved slightly in February, led by improving current conditions, but overall measures of consumer confidence remain at historically moderate levels.” – Robert Hughes

“The housing market continues to be a bright spot for the economy, supported by low mortgage rates and increased demand.” – Robert Hughes

“Initial claims rose again, holding above 800,000 for the sixth consecutive week. Recent data suggest the labor market remains fragile.” – Robert Hughes

“Manufacturing output continued to recover in January and is a positive sign for the outlook.” – Robert Hughes