NFIB’s Small Business Optimism Index fell 0.9 points to 88.5 in March, disappointing market expectations for a modest increase to 89.7. This marked the lowest level in the headline index since 2012. Six of the ten subcomponents deteriorated on the month, two improved and two remained unchanged. Leading the decline was an 8-point drop in […]
Oct 19, 2024
Weekly Economic & Financial Commentary: U.S. Dollar Gains on Re-Think of Fed Policy Easing
Summary United States: Fall Data and It’s the Same Retail sales came in stronger than expected in September, industrial production was weaker than expected and residential construction softened. The fall data mix is a continuation of the underlying trends in economic growth—consumers are strong, while interest-rate-sensitive sectors are weak. Next week: LEI (Mon.), New Home […]
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