Economy in Brief

• Existing home sales improved last month to highest level since December 2006. • Sales strength continued to reflect gains across the nation. • Pricing power increased. The housing market remains on a firm footing. The National [...]

• Crude oil prices recover part of recent decline. • Gasoline prices edge lower. • Natural gas prices tumble. The price for a barrel of West Texas Intermediate crude oil recovered to an average of $39.55 per barrel (-33.3% y/y) in the [...]

• Gov't borrowing equals record 66.2% of Q2 GDP. • Private sector borrowing slows. • Net worth features upturn in stock prices during Q2. The massive increase in federal government outlays tied to the COVID-19 impact on the U.S. [...]

• Gov't borrowing equals record 66.2% of Q2 GDP. • Private sector borrowing slows. • Net worth features upturn in stock prices during Q2. The massive increase in federal government outlays tied to the COVID-19 impact on the U.S. [...]

It has been the nature of this recession and of the public reaction and of the government tactics to fight the virus that economic indicators have been put through their paces in a way we have never before seen. We see that in the [...]

It has been the nature of this recession and of the public reaction and of the government tactics to fight the virus that economic indicators have been put through their paces in a way we have never before seen. We see that in the [...]

• Index reverses three months of improvement. • Component weakening is widespread. Economic growth is settling onto a moderate growth track after initially recovering from the recession. The Federal Reserve Bank of Chicago's National [...]

• Index reverses three months of improvement. • Component weakening is widespread. Economic growth is settling onto a moderate growth track after initially recovering from the recession. The Federal Reserve Bank of Chicago's National [...]