With the arrival of the Memorial Day weekend, the unofficial start of summer is here. And that, dear readers, provides an excuse for your editor to cease and desist from blogging for a few days. The usual routine resumes on Tuesday, May 26. Meantime, let’s not waste another minute. As Bill observed long ago, “summer’s lease hath all too short a date.”
Daily Archives: May 22, 2015
A Mixed Bag Of US Economic Data For May… So Far
How’s that second-quarter rebound holding up? Well, it’s shaky. The economic reports in the weeks ahead could tell us otherwise, but the numbers published so far for May offer a mixed bag of results for the US economy.
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Initial Guidance | 22 May 2015
● US Manufacturing PMI eases to 16-month low in May | Markit
● US Existing Home Sales Fall Short of Expectations In April | Mortgage News Daily
● US Jobless Claims Rise, But Still Point to Growing Labor Market | WSJ
● US Leading Economic Index Climbs 0.7% In April, More Than Expected | RTT
● National activity index less negative in April, Chicago Fed says | MarketWatch
● Consumers’ Expectations for U.S. Economy Drop Most Since 2013 | Bloomberg
● German Business Confidence Weakens In May | RTT