by sslifer | Apr 4, 2024 | Industrial Production, NumberNomics Notes, Reference Charts (By Category)
April 4, 2024 Commercial and industrial loans have declined 1.5% in the past year as both large and small banks are being more cautious about lending as the result of the failure of two medium-sized banks last year Silicon Valley Bank and First Republic Bank) which...
by sslifer | Apr 4, 2024 | Housing, NumberNomics Notes
April 4, 2024 Real estate loans have been growing steadily for a number of months. Specifically, they rose at a 4.4% pace in February. That means that they have risen 2.9% in the past year. If home sales quicken this year, as expected, mortgage loans should also...
by sslifer | Apr 4, 2024 | Consumer, NumberNomics Notes
April 4, 2024 The economy has been chugging along at about a 2.5% pace. Consumer loans growth in the past year has been climbing at a roughly comparable 2.9% pace. Nothing too surprising with the extent of consumer borrowing from banks. Rather than borrowing from a...
by sslifer | Apr 4, 2024 | Federal Reserve, NumberNomics Notes
April 4, 2024 When extreme measures to combat the spread of the corona virus were put into place in mid-March 2020 and the economy fell off a cliff, the Federal government implemented a $3.0 trillion fiscal stimulus package to help stem the slide. At the same time...
by sslifer | Mar 29, 2024 | Commentary for the Week, NumberNomics Notes
March 29, 2024 Crude oil prices have been on the rise since the beginning of the year which some economists believe could delay a midyear Fed rate cut. We disagree. While both crude oil and gasoline prices have risen, there is likely to be little spillover into the...
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