Economic Update – July 26

Economic Update – July 26

Read the Entire Economic Update Here 1.  GDP According to the Bureau of Economic Analysis, the US economy expanded at an annualized rate of 2.8% in the second quarter, up from 1.4% in the first quarter and above the consensus forecasts of 2%. Consumer spending...
Economic Update – July 26

Economic Update – July 12

Read the Entire Economic Update Here   1.  CPI INFLATION The Consumer Price Index fell by 1% month over month in June, its first monthly downtick in over four years, according to the latest data from the Bureau of Labor Statistics. Prices continue to climb...
Economic Update – July 26

Economic Update – June 28

Read the Entire Economic Update Here   1.  BANK STRESS TESTS According to the Federal Reserve, all 31 “systemically important financial institutions” (SIFIs) passed their annual stress tests. These tests evaluate the ability of large US banks to absorb...