Archive of Weekly Economic Updates
These pages are an archive of Weekly Economic Update posts from Hansen & Associates Financial Group, Inc. The Weekly Economic Update brings you a thumbnail sketch of the Economy, Stock Markets, Treasuries, and the week’s upcoming Economic Calendar, along with sources and citations that make it easy for you do delve further into the summarized subjects.
Weekly Economic Update: March 28, 2016
New home buying increased 2.0% in February, with all of the gain attributable to a remarkable 38.5% jump in sales in the West (which had witnessed a 32.7% January plunge in new home purchases).
Weekly Economic Update: March 21, 2016
The Federal Open Market Committee voted 9-1 to leave interest rates unchanged last week, and it also scaled back its rate hike expectations for 2016.
Weekly Economic Update: March 14, 2016
At 84 months, this bull market is now the third-longest in history, and it could soon surpass the 1949-56 bull, which ended after 85½ months.
Weekly Economic Update: March 7, 2016
Hiring picked up in America last month. In reporting this sizable net job gain in the second month of the year, the Labor Department also revised December and January hiring totals upward by a total of 30,000.
Weekly Economic Update: February 29, 2016
Personal spending and personal wages both increased 0.5% in January, according to the Bureau of Economic Analysis. The BEA also revised Q4 growth up to 1.0% from its initial estimate of 0.7%.
Weekly Economic Update: February 22, 2016
Wall Street Has Best Week Of 2016: Across four trading days, the S&P 500 rose 2.84% the Dow Jones, 2.62%; and the Nasdaq Composite 3.85%…
Weekly Economic Update: February 15, 2016
WTI crude closed at a NYMEX price of $29.44 after a 12.32% surge. However, it fell 4.69% on the week, and major U.S. stock benchmarks fell as well. Across five days, the Dow Jones Industrial Average declined 1.43% to 15,973.84; the Nasdaq Composite, 0.58% to 4,337.51; and the S&P 500, 1.95% to 1,864.78.
Weekly Economic Update: February 8, 2016
Although the economy added just 151,000 jobs in January, the Labor Department’s latest employment report also showed a reduction in the headline jobless rate to 4.9%. The broader U-6 measure of underemployment remained at 9.9%.
Weekly Economic Update: February 1, 2016
The Conference Board’s consumer confidence index rose in January to 98.1, beating the Briefing.com forecast of 96.3. The University of Michigan’s consumer sentiment index lost 0.6 points on the month, ending January at 92.0.
Weekly Economic Update: January 25, 2016
WTI crude settled at $32.19 on the NYMEX Friday – up 9% for the day and 9.4% for the week. Oil’s surge (and hopes of quantitative easing overseas) bolstered stocks: across four days, the Dow gained 0.66% to 16,093.51, the S&P 500 1.41% to 1,906.90, and the Nasdaq 2.29% to 4,591.18