Inside the Economy: Consumers and the Federal Reserve

This week on “Inside the Economy”, we discuss the good news for consumers and bad news for the Federal Reserve. Spending on new manufacturing construction projects has increased. Does this emulate a contracting or expanding economy? How will the Federal Reserve react to the ISM Survey and Manufacturing data? Home prices are at a stabilization point and still have a negative year-over-year percent change. Will the consumer start flooding back in the market? Tune in to learn more!

 

Key Takeaways:

• ISM Survey at 50.3
• Durable Goods increased to 1.4
• Core PCE inflation rate slowed to 2.8% (YOY)