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Category: Economic Commentary

June 2023 | Economic Commentary

From Richard Moody, Regions Chief Economist

June 1, 2023

Economic commentary issued in June 2023, primarily analyzing data and economic indicators covering May 2023 – while also looking ahead to upcoming data releases.

  • May Personal Income/Spending: Slowing Spending Growth A Harbinger Of What’s To Come
  • Q1 GDP Revisions: Maybe Curb Your Enthusiasm Just A Tad. Or Not – Up To You
  • May New Home Sales: Further Upside Room, Just Not At This Pace
  • Economic Preview for the week of June 26
  • May Existing Home Sales: Not Good, But Better Than It Looks. Kind Of
  • May Nonfarm Employment: Regions Footprint
  • May Residential Construction: Starts Surge, Backlogs Get Larger
  • Economic Preview for the week of June 19
  • May Retail Sales: Better Than Expected, But Trend Is Clearly Softening
  • June FOMC Meeting: Saying They Will If They Have To, But Hoping They Won’t Have To?
  • May Consumer Price Index: Favorable Base Effects Still Leave Inflation Too High
  • Economic Preview for the week of June 12
  • Monthly Economic Outlook – June 2023
  • Economic Preview for the Week of June 5, 2023
  • May Employment Report: The “Yes, But” Employment Report
  • May ISM Manufacturing Index: Another Tough Month For Manufacturing
Check back often for new insights.
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