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.
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August 18, 2023
Consumers jumpstarted economic growth in the third quarter with strong spending. Retail sales rose 0.7% in July, almost doubling expectations. Nine of the 13 categories...
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August 11, 2023
July’s inflation data presented a picture of continued inflation slowing but stopped short from suggesting the Federal Reserve is ready to call it quits. Both the consumer headline...
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August 04, 2023
The U.S. added 187,000 jobs in July, less than expected and almost equal to the downwardly revised June level of 185,000. These two months are the smallest increases...
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July 28, 2023
It is beginning to feel like the home stretch. The Federal Reserve raised rates for the 11th time out of 12 meetings, the Dow surpassed 11 (actually, 13) consecutive positive...
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July 21, 2023
Consumers continued to spend in June but at a weaker pace than expected. Retail sales increased 0.2% last month, less than half the pace of May. Sales increased in seven out of...
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