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.
Category: Community Engagement New Tax Rules and Individual Giving Trends: Key Insights for Nonprofits