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 FootprintApril Personal Income/Spending: Transfer Payments A Lifeline . . . For Now Unemployment Insurance Claims: U.S. and Regions FootprintQ1 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 NumberEconomic Preview for the Week of May 25April 2020 Nonfarm Employment – Regions FootprintApril Existing Home Sales: April’s Decline Likely Not The EndApril Residential Construction: Has Residential Construction Hit The Bottom?Economic Preview for the Week of May 18April Industrial Production: It Will Get Better. Just Not QuicklyApril Retail Sales: No Quick Comeback From An Epic DeclineQ1 2020 Mortgage Delinquencies & Foreclosures: Regions FootprintApril Consumer Price Index: Energy the Main Culprit, But Weakness is Broad BasedEconomic Preview for the Week of May 11Monthly Economic Outlook: Forget About The Shape, Define “Recovery”…April Employment Report: Sudden Stop Decimates Labor MarketInitial Claims for Unemployment Insurance: U.S. and Regions FootprintEconomic Preview for the Week of May 4April ISM Manufacturing Index: Headline Number Doesn’t Do Justice To The Details