brought to you by Osaic Research Market View: Week of October 9th, 2026 ECONOMIC REVIEW¹ The Institute for Supply Management (ISM) Services Index fell to 54.9 in September from 55.4 in August, as the services sector continued to grow, though at a slightly slower pace. Readings above 50 indicate expansion. New orders remained strong at […]
Brought to you by Osaic Research Market View: Week of October 2, 2026 ECONOMIC REVIEW¹ Job openings fell by 256,000 to 7.079 million from July’s upwardly revised 7.335 million, though the Bureau of Labor Statistics (BLS) characterized the August figure as “little changed.” Worker churn remained low as hires barely budged at 2 million, total […]
brought to you by Osaic Research Market View: Week of September 25, 2026 ECONOMIC REVIEW¹ University of Michigan consumer sentiment was finalized at 48.1 in September, slightly above the preliminary reading of 47.8 but down from 51.7 in August as views of personal finances in the near-term economic outlook deteriorated. Inflation concerns remained elevated, with […]
brought to you by Osaic Research Market View: Week of September 18, 2026 ECONOMIC REVIEW¹ The Federal Reserve (Fed) met this week and decided to raise the level of interest rates by 0.25% to a range of 3.75% - 4.00%. This marked the Fed’s first interest rate hike since July 2023, reversing course after a […]
Brought to you by Osaic Research ECONOMIC REVIEW¹ The Producer Price Index (PPI) rose 0.4% month-over-month (MoM) in August, in line with market expectations, bringing the year-over-year (YoY) increase to 5.4%. Rising energy costs were the primary driver, accounting for roughly three-quarters of the monthly increase as geopolitical tensions in the Middle East intensified toward […]
Brought to you by Osaic Research ECONOMIC REVIEW¹ Real Gross Domestic Product (GDP) for the second quarter remained unchanged at a 1.5% annualized rate. Upward revisions to personal consumption and business investment were offset by small downward revisions to net exports, inventories, and government purchases. “Core” GDP, which focuses on consumer spending, business fixed investment, […]
Brought to you by Osaic Research ECONOMIC REVIEW¹ The Treasury Department announced last week that they would be open to purchasing some Treasury bonds with longer maturities in an effort to lower interest rates. This initially caused interest rates to fall, but later in the week rates rose above where they began the week. The […]
brought to you by Osaic Research ECONOMIC REVIEW¹ The ISM Manufacturing Index expanded for the seventh straight month, rising to 55.6 in July, well above market expectations of 53.9. Readings above 50 signal the sector is expanding, and below 50 suggest contraction. The employment index climbed to 52.8, marking its first expansionary reading in nearly […]
brought to you by Osaic Research ECONOMIC REVIEW¹ The Federal Reserve (Fed) met on Wednesday to determine the path of interest rates. As expected, the Federal Open Markets Committee (FOMC) left its target range unchanged at 3.50%-3.75%. Three of the 12 total voting committee members believed rates should move upward, suggesting that if inflation progress […]