Category: Economic Commentary May 2023 | Economic Commentary From Richard Moody, Regions Chief Economist By Richard Moody | May 1, 2023 Economic commentary issued in May 2023, primarily analyzing data and economic indicators covering April 2023 – while also looking ahead to upcoming data releases. Economic Preview for the week of May 29 Data Summary: Personal Income/Spending; PCE Deflator; Durable Goods Orders Unemployment Insurance Claims: U.S. and Regions Footprint April Nonfarm Employment: Regions Footprint April New Home Sales: Stage Is Set For Gradually Increasing Sales Q1 2023 Mortgage Delinquencies/Foreclosures Economic Preview for the week of May 22 April Existing Home Sales: The Headline Number Is Bad, The Real Number Is Way Worse April Residential Construction: Gradual Increases On Tap For Single Family Activity Q1 2023 Household Debt and Credit April Retail Sales: Headline Falls Short, But Solid Gain In Control Sales Economic Preview for the week of May 15 Q1 Survey of Bank Loan Officers: Rising Lending Standards, Sagging Loan Demand Nothing New Monthly Economic Outlook Economic Preview for the week of May 8 April Employment Report: Labor Market Still Tight But Cooling; Both Can Be True April ISM Manufacturing Index: Welcome To The “Season Of Contradictions” Economic Preview for the week of May 1 Check back often for new insights.