Episode 42. US Economic Engine Chugs On

Episode 42. US Economic Engine Chugs On

Mixed news this week as factory orders continue to increase with one of the longest consecutive run of monthly increases since 1992. However, the ISM Purchasing Managers Index dropped below 50 to 49 yesterday based on surveys among purchasing managers. A reading below 50 would indicate the potential of a decline in future of new orders. No doubt, business leaders are taking notice of rising interest rates and prices and implementing precautions should the US economy slow faster than projected. All this to say, is the most anticipated recession forecasted for 2023 indicates a low bar of expectations for next year that may result in pleasant surprises should conditions not be as dire as analysts' project.

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Episoder(167)

#127 -Manufacturing Orders Up and Job Availability Down

#127 -Manufacturing Orders Up and Job Availability Down

The US economy continues to improve in many areas that would indicate continued positive momentum and continued growth. In this UPdate we will focus on the US Bureau of Labor Statistics Job Openings ...

4 Feb 202516min

#126 - Market Fragile After Two Year Rally

#126 - Market Fragile After Two Year Rally

After two consecutive years of robust US stock market gains, investors are nervous about stock values and meeting high growth expectations, especially in the tech sector. For reference, the major ind...

29 Jan 202516min

#125 - Freedom is the Secret Sauce of America

#125 - Freedom is the Secret Sauce of America

We have mentioned in past UPdates the importance of monitoring the financial and sentiment of US consumers. The primary reason is American spending represents a whopping 67.9% of America's Gross Dome...

22 Jan 202512min

#123 - Start the Year Strong

#123 - Start the Year Strong

It may be just physiological, but I really enjoy January. Granted it's just another 30-day period like any other month. But January is motivating to me because it's the start of a new year to achiev...

8 Jan 202515min

#122 - Small Businesses Owners Turn Optimistic

#122 - Small Businesses Owners Turn Optimistic

The National Federation of Independent Businesses (NFIB) index has been well below its 50-year average of 98 as respondents report challenges with labor, costs, inflation, and government policies. Th...

18 Des 202419min

#121 - SHOPPING, SHOPPING, AND MORE SHOPPING

#121 - SHOPPING, SHOPPING, AND MORE SHOPPING

My daughter loves to shop. In fact, her two love languages are shopping and someone paying for it. Apparently at least the shopping part is also a lot of people's love language. Adobe Analytics re...

11 Des 202411min

#120 - Homes for the Homeless

#120 - Homes for the Homeless

Late Friday afternoon on November 29, 2024, Anton and 61 others traveled from San Antonio to Reynosa, Mexico to volunteer for Strategic Alliance to build three houses for three related families all li...

4 Des 202418min

#119 - The Sputtering Housing Market

#119 - The Sputtering Housing Market

The housing market is facing challenges with plummeting sales and high mortgage rates, but rising new home construction and potential rate declines in 2025 could improve affordability. Homeownership r...

19 Nov 202419min

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