Employment data, combined with consumer sentiment and purchasing managers’ reports, paint an ugly picture.
The Almost Decade Long Winning Streak Is Over: March 30 – April 3
Layoffs Skyrocketed in Mid-March: March 23 – 27
The first set of data reflecting the impact of the COVID-19 pandemic—jobless data—came out last week.
Bracing for a Halt: March 16 – 20
This past week’s jobless claims data is only a taste of what is about to come.
What We Learned About the U.S. Economy Last Week 