Robert Hughes

Durable-Goods Orders Rose in June

Durable-goods orders rose in June, and core capital-goods orders are holding at a high level. Continued economic expansion remains the most likely path, but policy uncertainty remains a risk.

durablegoods

Small-Business Confidence Holding at a High Level

Small-business confidence and job openings eased back but remain at high levels. Both are positive signs for the economy despite the high level of uncertainty caused by erratic and uncertain policy.

CheckOutLine

Job Creation Rebounds in June

U.S. nonfarm payrolls added 224,000 jobs in June, all but guaranteeing a record-tying expansion, but uncertain leadership and policy remain significant risks.

coffeeworkers

Slow Growth Continues as Expansion Sets Record

A variety of data released today suggest continued economic expansion. Despite concerns over trade policy, escalating trade wars, and global economic growth that are creating significant uncertainty, the outlook is cautiously optimistic.

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