Economics Group: Weekly Economic & Financial Commentary
U.S. Review
More Growth Moving Forward
- The Chicago Fed National Activity Index and the Leading Economic Index, aggregators of already-released economic data, both sent positive signals for current and future growth.
- Headline and core CPI advanced just 0.1 percent in September, leaving the year-ago rates unchanged at 1.7 percent.
- Initial jobless claims increased this week, but the four-week moving average fell to a new cycle low.
- Existing home sales perked up, while mortgage applications also increased, though the broader trend remains modest.
Follow the link below for the full report.
Wells Fargo Weekly Economic & Financial Commentary — October 24, 2014
Tags: economy