As the world considers the economic and political implications of the Brexit vote, we learned last week that U.S. economic activity lagged during the spring.
GDP Weak, Housing, Manufacturing & Sentiment Strengthen: What We Learned During the Week of May 23 – 27
Economic growth during the 1st 3 months of 2016 was abysmal, but last week also gave us good news on manufacturing, the housing market and consumer sentiment.
The Fed Holds, GDP Nearly Pauses & Manufacturing Slumps: What We Learned During the Week of January 25-29
The Fed decides to hold steady as we learn that GDP sputtered at the end of 2015 and durable goods orders plummeted in December.
