Tag: durable goods

Data Preview: After Partial Recovery in May; Focus Turns to June

After solid improvement in the May US data released over the last two weeks, the focus in the coming week turns to the early-June regional conditions data. June readings from the New York Fed and Philadelphia Fed released this previous week indicated continued improvement, with the Philadelphia Fed’s reading indicating positive growth in the region […]

US initial Claims Slow, Durable Goods Plunge

The US data released earlier Thursday offered few surprises, with the level of initial claims continuing to slide, durable goods orders down sharply in April and first-quarter GDP slightly worse than previously reported. However, a dip in continuing claims suggests that some displaced workers returned to their jobs in mid-May, a positive sign. Initial claims […]