Commentary

U.S. Factory Orders were down 0.6% in September from being down 0.1% in August. Unit Labor Costs were up at a 3.6% annualized rate for the third quarter of 2019, from +2.4% in the second quarter.

Read More

U.S. Real GDP Growth came in at an annual rate of 1.9% for the third quarter of 2019, versus 2.0% for the prior quarter. Per sonal Income was up 0.3% for September and Consumer Spending was up 0.2%.

Read More

U.S. Durable Goods Orders came at -1.1% for September, approximately as expected. New Single-Family Home Sales took place at a 701,000 annualized rate for September, also as expected.

Read More

More Commentary