Category: Economic Commentary May 2022 | Economic Commentary From Richard Moody, Regions Chief Economist By Richard Moody | May 2, 2022 Economic commentary issued in May 2022, primarily analyzing data and economic indicators covering April 2022 – while also looking ahead to upcoming data releases. Check back often for new insights. April Existing Home Sales: Is The Market Tanking, Or Simply Becoming More Normal? April Residential Construction: Higher Mortgage Rates Pose Yet Another Challenge April Retail Sales: Rising Headline Sales Mask Underlying Shifts Economic Preview for the week of May 16 Q1 2022 Household Debt and Credit: Mortgage Debt Still The Driver, But For How Long? April Consumer Price Index: Even The Modest Deceleration Puts The FOMC Further Behind Economic Preview for the week of May 9 Monthly Economic Outlook – May 2022 April Nonfarm Employment: Plenty To Not Like, But Job Growth Remains Robust April ISM Manufacturing Index: Supply-Side Stresses Weigh On Expansion Economic Preview for the week of May 2