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.
-
January 05, 2024
The U.S. added 216,000 jobs in December to finish the year with a gain of 2.69 million jobs. While this is 43% less than the total number of jobs added in 2022, the increase is...
Full story
-
December 28, 2023
Where do we go from here? It is anyone’s guess. The Fed’s dot plot suggests there could be three to five rate cuts during 2024, but officials have also said they aren’t really talking...
Full story
-
December 15, 2023
The question on the markets’ minds ahead of this week’s FOMC meeting was how Federal Reserve Chair Jerome Powell would be able to avoid the topic of rate cuts. It turns out, he...
Full story
-
December 08, 2023
Jobs week, as some economic geeks call the first week of each month, kicked off with a jolting report. Depending on if you are someone looking for a job or someone working...
Full story
-
December 01, 2023
High interest rates and high prices continue to plague the housing market. Sales of existing homes, which account for the majority of all home sales, fell 4.1% in October. This...
Full story