Category: Economic Commentary May 2020 | Economic Commentary From Richard Moody, Regions Chief Economist By Richard Moody | May 1, 2020 Economic commentary issued in May 2020, primarily analyzing data and economic indicators covering the month of April 2020 – while also looking ahead to upcoming data releases. Check back often for new insights. Small Business Pulse Survey: Regions Footprint April Personal Income/Spending: Transfer Payments A Lifeline . . . For Now Unemployment Insurance Claims: U.S. and Regions Footprint Q1 2020 GDP: “Bad” Is Still “Bad,” Just A Little More So . . . Household Pulse Survey: Regions Footprint April New Home Sales: Reserving Judgment On An Oddly Strong Number Economic Preview for the Week of May 25 April 2020 Nonfarm Employment – Regions Footprint April Existing Home Sales: April’s Decline Likely Not The End April Residential Construction: Has Residential Construction Hit The Bottom? Economic Preview for the Week of May 18 April Industrial Production: It Will Get Better. Just Not Quickly April Retail Sales: No Quick Comeback From An Epic Decline Q1 2020 Mortgage Delinquencies & Foreclosures: Regions Footprint April Consumer Price Index: Energy the Main Culprit, But Weakness is Broad Based Economic Preview for the Week of May 11 Monthly Economic Outlook: Forget About The Shape, Define “Recovery”… April Employment Report: Sudden Stop Decimates Labor Market Initial Claims for Unemployment Insurance: U.S. and Regions Footprint Economic Preview for the Week of May 4 April ISM Manufacturing Index: Headline Number Doesn’t Do Justice To The Details
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