March Roars Like a Lion - April 8, 2021

The U.S. BLS reported nonfarm payrolls soared by 916,000 in March.

Two key measures of the manufacturing and service sectors provided by the Institute for Supply Management came in well above expectations in March.

  • Manufacturing—best reading since the early 1980s
  • Services—best reading ever

It’s good news—but why is it occurring?

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A Housing Bonanza - April 5, 2021

The pandemic has created distortions in the economy that have aided some sectors and hurt others. One sector that has benefitted enormously has been housing. Sales have been strong, housing construction has accelerated, and housing prices have soared. 

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The Pandemic Distorts Spending Patterns - March 29, 2021

This has been a recession like no other. Lockdowns battered economic activity in March and April, while the reopening of the economy and government relief helped bring back some jobs and support numerous businesses and industries. 

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