Economy in Brief: May 2020

The Fed's debt-bridge policy is designed to improve the flow of credit to businesses to avoid a devastating credit crunch. Never before has one of the monetary policy solutions to combat recession been to extend credit to struggling, [...]

In the 12 months ended April 2020, the cumulative federal budget deficit reached $1.935 trillion, up from $1.0 trillion in the 12 months ended March 2020. The federal debt held by the public at the end of April 2020 stood at $19.054 [...]

In the 12 months ended April 2020, the cumulative federal budget deficit reached $1.935 trillion, up from $1.0 trillion in the 12 months ended March 2020. The federal debt held by the public at the end of April 2020 stood at $19.054 [...]

In the 12 months ended April 2020, the cumulative federal budget deficit reached $1.935 trillion, up from $1.0 trillion in the 12 months ended March 2020. The federal debt held by the public at the end of April 2020 stood at $19.054 [...]

• • • Sales of new single-family homes plummeted 15.4% in March to 627,000 units at a seasonally adjusted annual rate (-9.5% year-on-year)... New home sales activity and prices are available in Haver's USECON database, while MBA loan [...]

• • PREVIOUS >>> The Federal Reserve Bank of Dallas reported in its Texas Manufacturing Outlook Survey for April that the Current General Business Activity Index weakened to a record low of -73.7 from -70.0 in March............ Each [...]

The look-ahead view for German confidence in June from GfK shows some improvement for the headline gauge and also improvement for the component measures that lag by one month. GfK climate The GfK climate gauge fell very sharply in [...]

• Expectations for business conditions improve moderately. • Assessment of current activity weakens further. • Age groups exhibit mixed feelings. The Conference Board's Index of Consumer Confidence rose 1.1% (-34.0% y/y) this month to [...]