Robert Hughes

Economics

Unit Auto Sales Rose in June, but Remain Weak

“Light-vehicle sales rose in June but remain well below pre-pandemic ranges. Assemblies fell in May as component shortages continue to…

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Financial

Manufacturing-Sector Survey Suggests Slowing Growth and Slightly Fewer Price Pressures

“The latest manufacturing survey suggests supply and demand may be moving closer to balance. However, persistently elevated price increases and…

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Financial

Real Disposable Income and Real Consumer Spending Fell in May

“Personal income rose in May, but real disposable income and real consumer spending fell. The outlook for the economy remains…

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Financial

Average Weekly Initial Claims Rose for a Fourth Consecutive Week

“Weekly initial claims fell, but the four-week average continues on a modest upward trend. Sustained elevated price increases and an…

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Financial

Inflation Fears Continue to Drag Consumer Expectations Lower

“Consumer expectations sank again in June, as fears of high inflation grow. Elevated price pressures, fallout from Russian aggression in…

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