The Year Ahead – 2025

December 6, 2024 The 2025 outlook seems particularly bright characterized by 3.0% GDP growth, the unemployment rate steady at the 4.0% mark, additional slowing in the core inflation rate to 2.3% , and a further reduction in the funds rate from 4.75% today to 3.75% by...

Consumer Sentiment

December 6, 2024 The preliminary estimate of consumer sentiment for December rose 2.2 points to 74.0 which is its  highest level since April.  This is the fifth consecutive month that sentiment has risen. Surveys of Consumers Director Joanne Hsu said, “Consumer...

Car and Truck Sales

December 4, 2024 Unit car and truck sales rose 1.5% in November to 16.495 million after climbing 3.1% in October and 3.4% in September.  Car sales in recent months seem to be picking up from the 15.5-16.0 million pace that existed for more than a year. We saw GDP...

Enjoy the Holiday

November 29, 2024 There will be no economic commentary this week..Back in the groove next week. Enjoy the time this weekend with your friends and family and be thankful for all that you have. Steve