Monthly Economic Commentary and Indicators

March 2022

AT A GLANCE – Key Economic Data and Events during February 2022

  • Interest Rates: The 10-Year Treasury yield rose to 1.83% (Feb 28) from 1.79% (Jan 31).
  • Housing: Home Prices rose roughly 19% in 2021 after increasing 10% in 2020. January Existing Home Sales rose while New Home Sales declined.
  • Labor: During January the Economy created 467,000 new jobs, the Unemployment Rate rose to 4.0%, and Wage Growth increased 0.7% (4.7% YoY).
  • Inflation: January CPI up 0.6% (+7.5% YoY), PPI up 1.0% (+9.7% YoY).
  • The Economy: US GDP grew at a 7.0% annualized rate during the 4th Quarter of 2021.
  • Consumers: January Retail Sales rose 3.8% while February Consumer Confidence fell.
  • Stock Market Volatility: The Ukraine War rattled the Stock Markets, but a flight to quality helped all the Stock Indexes recover from steep losses.
  • War in Europe: Russia invaded Ukraine, sending shock waves through the Global Financial Markets and drove up the price of energy – Oil Prices are hovering around $100 a barrel.

Read the full version of this month’s “Economic Commentary and Indicators” and “Economic Calendar” using the link below.

Economic Data and Events

Interest Rates and Fed Watch

Housing Market Indicators

Labor Market Economic Indicators

Inflation Economic Data/Information

GDP Economic Data

Consumer Economic Indicators

Energy, International, and Misc

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