Behind the Numbers

The weekly Behind The Numbers report provides an easy to understand analysis of the most up-to-date economic data, including Federal Reserve activity. This timely report allows credit union management to focus on the changing dynamics that could impact members’ financial conditions, as well as the fluctuating interest rate environment. Included in the report is a summary of current and historical key interest rates, financial market indicators, investment yields and credit union loan rates.

  • We've Come a Long Way, Baby!

    April 16, 2021

    It has been over 50 years since this advertising slogan was introduced, but it was never more appropriate than this week. I took a glance at Behind the Numbers from a year ago...
    Full story

  • 'Some Time' is the New Time

    April 09, 2021

    The Federal Open Market Committee released the minutes from its March meeting this week. If there was any doubt about the Fed’s intentions for monetary policy, it was...
    Full story

  • Has the Turnaround Begun?

    April 02, 2021

    The U.S. added 916,000 jobs in March, much more than the estimated gain of 660,000. Even better, the two-month revision added another 156,000 jobs, bringing the total...
    Full story

  • Housing Not Weathering So Well

    March 26, 2021

    Supply, or rather the lack of, is taking a toll on the housing market. Sales of existing homes fell 6.6 percent in February, the biggest pre-pandemic monthly decline since 2015....
    Full story

  • Clear Guidance Just Got Clearer

    March 19, 2021

    The message from the Federal Open Market Committee this week was clear: The Fed-controlled interest rate will remain low for several years, even as economic conditions...
    Full story

  • Behind the Numbers - Apr 16, 2021

    We've Come a Long Way, Baby! - It has been over 50 years since this advertising slogan was introduced, but it was never more appropriate than this week. I took a glance at Behind the Numbers from a year ago...
  • Behind the Numbers - Apr 9, 2021

    'Some Time' is the New Time - The Federal Open Market Committee released the minutes from its March meeting this week. If there was any doubt about the Fed’s intentions for monetary policy, it was...
  • Behind the Numbers - Apr 2, 2021

    Has the Turnaround Begun? - The U.S. added 916,000 jobs in March, much more than the estimated gain of 660,000. Even better, the two-month revision added another 156,000 jobs, bringing the total...
  • Behind the Numbers - Mar 26, 2021

    Housing Not Weathering So Well - Supply, or rather the lack of, is taking a toll on the housing market. Sales of existing homes fell 6.6 percent in February, the biggest pre-pandemic monthly decline since 2015....