Economic commentary issued in January 2020, primarily analyzing data and economic indicators covering the month of December 2019 – while also looking ahead to upcoming data releases. Check back often for new insights.

Q4 2019 Employment Cost Index: Growth In Labor Costs Remains Orderly

Q4 Real GDP: No Surprises, But Business Investment Remains A Concern

2019 Nonfarm Employment: Regions Footprint

December New Home Sales: Soft End To A Solid Year

Economic Preview for the week of Jan. 27

December Existing Home Sales: Sales Beat To The Upside, Listings Miss To The Downside

Economic Preview for the week of Jan. 20

December Industrial Production: Some Encouraging Details Beneath A Weak Headline Print

December Residential Construction: 2019 Ends Not With A Whimper But A Bang …

December Retail Sales: More About The Calendar Than The Consumer: Part Deux

December Consumer Price Index: Few Signs Of Meaningful Inflation Pressure

Economic Preview for the week of Jan. 13

2020 Economic Outlook: What’s Wrong With This Picture?

December Employment Report: Revised Data On Hours And Earnings Raise Questions

Economic Preview for the week of Jan. 6

December ISM Manufacturing Index: A Weak End To A Year To Forget