Money Talk Podcast, Friday Feb. 20, 2026 скачать в хорошем качестве

Money Talk Podcast, Friday Feb. 20, 2026

Advisors on This Week’s Show • Kyle (http://www.landaas.com/about/talent/a...) Tetting • Steve Giles (LANDAAS.COM/team-member/steven-giles) • Tom Pappenfus (landaas.com/team-member/tom-pappenfus) (with Max Hoelzl (http://www.landaas.com/about/talent/s...) , Joel Dresang (http://landaas.com/about/talent/suppo...) , engineered by Jason Scuglik (http://www.landaas.com/about/talent/s...) ) Week in Review (Feb. 16-20, 2026) Significant Economic Indicators & Reports Monday Markets closed for Presidents Day Tuesday No major releases Wednesday Home construction gained slightly in December but continued to provide little relief to ongoing inventory shortages. The Commerce Department said the annual rate of housing starts (http://www.census.gov/construction/nr...) rose 6% from November, though it was down 7% from the year-ago pace and has remained below the pre-pandemic level since mid-2023. The pace of housing permits also rose for December but kept under the pre-pandemic rate. The number of houses under construction was down 26% from its peak in November 2022. The Commerce Department said durable goods orders (https://www.census.gov/manufacturing/...) fell 1.4% in December, the second decline in three months. A dip in commercial aircraft orders led the drop-off. Excluding transportation equipment, demand for long-lasting manufactured items was up 0.9% from November and was up 2.8% from the year before. Core capital goods orders, a proxy for business investments, rose 0.6% for the month and were 3.5% ahead of December 2024. The Federal Reserve reported that industrial production (https://www.federalreserve.gov/releas...)  rose 0.7% in January, led by a broad lift in manufacturing output. The 0.6% increase in factory production was the most since February and included the first gain for auto makers since August. Industries’ capacity utilization rate rose slightly in January but stayed below the long-term average, suggesting low potential for inflation. Thursday The U.S. trade deficit (https://www.bea.gov/sites/default/fil...) narrowed slightly in 2025, as the value of exports outpaced imports. The Bureau of Economic Analysis reported that the 2025 trade gap was $901.5 billion, down 0.2% from the year before. Exports grew 6.2% in the year while imports rose 4.8%. Trade gaps detract from economic output, as measured by the gross domestic product. From November, the deficit widened 32.6% with exports declining 1.7% and imports rising 3.6%. The four-week moving average for initial unemployment insurance claims (https://www.dol.gov/ui/data.pdf)  declined for the first time in four weeks, remaining 39% below the 59-year average, according to new Labor Department data. Some 2.2 million Americans claimed jobless benefits in the latest week, down 0.4% from the week before and up 0.9% from the same time in 2025. The Conference Board reported a 0.2% decline in its index of leading economic indicators (https://www.conference-board.org/topi...) in December. It was the fifth consecutive drop. In the last half of 2025, the index fell by 1.6%, an improvement from the 2.8% fall in the first half of 2026. The business research group said weak consumer expectations and meager factory orders led the decline. The Conference Board forecast 2.1% growth in U.S. gross domestic product in 2026, down slightly from estimates for 2025. Commitments to home buying slipped in January as sales activity remained the lowest in three decades. The pending home sales (https://www.nar.realtor/newsroom/pend...) index of the National Association of Realtors declined 0.8% from December and was down 0.4% from January 2025. The trade group said lower mortgage rates have improved affordability and could spur another 550,000 home buyers into the market in 2026. But with ongoing inventory shortages, additional buyers could boost prices. Friday The U.S. economy grew at a 1.4% annual pace in the fourth quarter, down from 4.4% in the third quarter, according to a preliminary estimate by the Bureau of Economic Analysis. Expansion of the gross domestic product (https://www.bea.gov/sites/default/fil...) slowed mostly because consumer spending decelerated but also as a result of a 17% decline in federal government spending, which shaved nearly 1.2 percentage points from the growth rate. For all of 2025, GDP rose 2.2%, down from a 2.4% increase in 2024 and the weakest in three years. The Federal Reserve Board’s preferred measure of inflation rose to 2.9% in December, its highest rate since March 2024. The Bureau of Economic Analysis reported the Personal Consumption Expenditure (https://www.bea.gov/sites/default/fil....