Category: Economic Commentary May 2024 | Economic Commentary From Richard Moody, Regions Chief Economist By Richard Moody | May 1, 2024 Economic commentary issued in May 2024, primarily analyzing data and economic indicators covering April 2024 – while also looking ahead to upcoming data releases. April Personal Income/Spending: Discretionary Services Spending Continues To Soften Q1 2024 GDP – 2nd Estimate: Lower Headline Print Changes Little Economic Preview for the week of May 27 Q1 Mortgage Delinquencies & Foreclosures: Regions Footprint April Existing Home Sales: Better Than The Headline Number Suggests April Nonfarm Employment: Regions Footprint Economic Preview for the week of May 20 Q1 2024 Household Debt and Credit: Rising Delinquency Rates Raising Concerns April Residential Construction: A Solid Report, Even If No One Will Tell You That April Retail Sales: April Data Only Half Of The Story, Even If The Bad Half Of The Story April Consumer Price Index: Progress, Even If Not All That Much Economic Preview for the week of May 13 Monthly Economic Outlook – May 2024 April Employment Report: A Strong Report Back In The Day, Today, Not So Much . . . April ISM Manufacturing Index: A Step Back On The Road To Recovery Check back often for new insights.
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