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Auto Loans
July 8, 2021
Economy

Lenders originated some three million auto loans and leases in March, up about 53% from the same month in 2020 and the highest monthly figure on record. Auto balances for new originations also hit a record of $73.6 billion in March, up 59% from a year prior.

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Expected Returns
July 7, 2021
Economy

A recent survey U.S. individual investors found these people expect to earn 17.3% this year, after inflation. That’s more than twice the return on U.S. stocks since 1926, which has averaged 7.1% annually after inflation.

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Jobless Claims
July 1, 2021
Economy

Worker filings for jobless claims fell to 364,000 last week, reaching a new pandemic low as layoffs continue to recede.

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Supply Chain
June 21, 2021
Economy

Economists and business executives now expect supply-chain disruptions and key labor shortages to persist through the end of the year.

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Airport Travelers
June 18, 2021
Economy

The Transportation Security Administration (TSA) on Sunday screened more than 2 million travelers at airports – the highest number since the COVID-19 pandemic began in March 2020.

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Return to Office
June 15, 2021
Economy

The number of employees who are back in the office has been inching up since vaccines began rolling out in the U.S. but only 31% of office workers had returned to the workspaces they occupied before the Covid-19 pandemic.

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Retirements
June 14, 2021
Economy

The 2.6 million people who retired since February 2020 was higher during this pandemic recession-recovery than in previous recession-recoveries.

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Bank Deposits
June 9, 2021
Economy

Bank deposits have continued to surge this year. Between late March and May 26, they rose by $411 billion to $17.09 trillion. That is slower than the pace last spring, but still nearly four times the average of the past 20 years.

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Fed Selling
June 8, 2021
Economy

The Federal Reserve will begin selling off the corporate bonds and exchange-traded funds it amassed last year through an emergency-lending vehicle set up to contain the Covid-19 pandemic’s economic fallout. The Secondary Market Corporate Credit Facility holds $5.21 billion of bonds and $8.56 billion of exchange-traded funds that hold corporate debt.

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