Robert Hughes

Consumer Confidence Sends Mixed Signals in September

“Consumer attitudes improved in September, but views of current conditions and the future remain sharply divergent; combined with other developments, the economy remains at risk.” – Robert Hughes

Durable-Goods Orders Posting A Solid Recovery

“Manufacturers’ new orders for durable goods rose in August, but the uneven pace of recovery in many areas of the economy is raising concern about the durability of the recovery.” – Robert Hughes

Housing Remains a Bright Spot for the Economy

“The housing market has become a bright spot for the economy, supported by low interest rates and rising demand as urbanites move to less dense living areas.” – Robert Hughes

Single-Family Housing Permits Hit a Multi-Year High

“Single-family housing is becoming one of the strongest areas of the economy, supported by low mortgage rates and rising demand as urbanites transition to less dense housing.” – Robert Hughes

Retail Spending Rises in August But the Pace Slows

“Retail sales posted another gain in August, but the pace is slowing; persistent uncertainty regarding Covid-19 and government policies remains a significant risk to future growth.” – Robert Hughes