Business Conditions

“Initial claims for unemployment benefits jumped in the latest week and remain high as renewed government restrictions continue to threaten the recovery.” – Robert Hughes

“Job openings fell in November and results among the industries varied widely. With new restrictions on the rise, the outlook remains highly uncertain.” – Robert Hughes

“Payrolls posted a drop in December amid renewed restrictions on consumers and businesses that are further distorting activity and delaying full economic recovery.” – Robert Hughes

“The services sector expanded again in December, but renewed lockdowns and restrictions remain a threat to future growth.” – Robert Hughes

“Light-vehicle sales rose in December but stayed at the lower end of the historical range.” – Robert Hughes

“Initial claims for unemployment benefits remain stubbornly high and renewed government restrictions remain a threat to recovery.” – Robert Hughes

“The ISM Manufacturing survey strengthened in December, suggesting continuing recovery from government lockdowns, though Covid-19 and labor shortages remain challenges.” – Robert Hughes

“Initial claims for unemployment benefits fell but renewed government restrictions remain a threat to recovery.” – Robert Hughes

“Housing continues to be one of the bright spots of the economy, supported by low mortgage rates and increased demand.” – Robert Hughes

“Initial claims for unemployment benefits post the largest back-to-back increases since April, suggesting a weakening of the labor market amid renewed government restrictions.” – Robert Hughes