February data from the government’s Treasury International Capital reporting system—which tracks capital flows into and out of the United States—provided another strong signal that the nascent economic recovery is quickly turning into a full-blown expansion. … READ MORE >
Blog
5 trends from defense technology companies’ Q4 earnings calls
Defense technology businesses spent the end of 2020 focusing on the future of defense, as well as the technology and innovation required by the federal government to protect the homeland and compete with nation-state threats. … READ MORE >
Tableau Test
Weekly jobless claims: A grim anniversary as claims rise to 770,000
Top-line initial claims for unemployment benefits increased to 770,000 versus an expected decline to 700,000 for the week ending March 13, according to government data released Thursday. … READ MORE >
CHART OF THE DAY: Deflating the hype on inflation
While we do expect the year-ago effects brought on by the global pandemic to result in a period of moderate reflation in the economy, the longer-term outlook implies that elevated inflation will be transitory and give way to price stability. … READ MORE >
The distressed real estate market that hasn’t materialized
A year into the pandemic-induced recession, property values have not only defied expectations of a drop, they have moved higher. The Commercial Property Price Index (CPPI) from Real Capital Analytics has increased almost 7% over the last 12 months. … READ MORE >
FOMC meeting comment: Welcome to the boomtown
The onset of recovery in the U.S. economy and the growing likelihood of a robust expansion this year and next resulted in a significant upgrade of the Federal Reserve’s Summary of Economic Projections forecast through 2023. … READ MORE >
CHART OF THE DAY: Housing market hits the brakes
The growth in the housing industry came to a sudden end in February as housing starts fell 10.3% month over month to 1.4 million and permits fell 10.8% to just under 1.7 million, according to government data released on Wednesday. … READ MORE >
An evolution of the economy: Living, and adapting, with COVID-19
What should middle market businesses consider in terms of a COVID-19 endemic future? Evaluating existing business models, updating policies and making investments in technology and digital infrastructure are just a few components. … READ MORE >
3 things to know in energy: OPEC+ cuts, U.S. oil exports to India rise, carbon trading in Canada
OPEC+ surprised some in the energy market with its recent decision to extend oil production cuts, the United States is now India’s No. 2 oil supplier, and Canada’s government is embarking on creating a federal carbon trading marketplace. … READ MORE >