US Outlook Report: The Labor Market thorough a Different Prism Through the lens of the March jobs report, the U.S. labor market recovery continues unabated. Nonfarm payroll job gains came in about as we expected at +215K jobs and better than the consensus estimated. But by focusing on the headline numbers, are we only seeing […]
Continue ReadingUS Outlook Report: Consumer Credit Spigot Remains Open There is growing concern as to whether or not the American consumer can continue to prop up the U.S. economy. One place to look for answers is in data on consumer credit, which can be an important indicator of consumer spending on services and durable goods. Solid […]
Continue ReadingBank of the West US Outlook Report: Dissecting FOMC Intentions Don’t waste a lot of time dissecting the July FOMC statement. The Federal Reserve remained coy in their July statement released on Wednesday about when they plan to initiate their first Fed funds interest rate hike. The lack of clear hints in the July FOMC statement […]
Continue ReadingBank of the West US Outlook Report: No Worries Mate- Rebound Continues You might actually get a restful August vacation in this year. With Greece well on its way towards another bailout package, and China managing to calm its stock market plunge, there appears a window of opportunity for U.S. domestic demand to blossom uninterrupted by […]
Continue ReadingUS Outlook Report: Retail Sales Shift into Higher Gear The U.S. consumer is coming through in a big way, and not a moment too soon. The retail sales report for May revealed a resilient consumer that will help lift growth in the second quarter and beyond. The retail sales data, much like the numbers on […]
Continue ReadingThe Coast Guard needs your help now. As you know, the Department of Homeland Security has been on a continuing resolution since October, and its current funding runs out Feb. 27. Coast Guard active-duty personnel will continue working without pay during the lapse to ensure our safety on the sea, protection from threats […]
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