NAFCU Launches `Macro Data Flash'

ARLINGTON, Va.-NAFCU President and CEO Fred Becker announced the unveiling of its new Macro Data Flash, which provides members with macro-economic trend analysis. Developed by NAFCU Senior Economist Jeff Taylor, the Macro Data Flash provides concise analysis of key consumer-oriented economic indicators, such as the gross domestic product, consumer price index, existing home sales, new home sales, and more. It will be posted on the NAFCU’s Web site (www.nafcu.org/MacroDataFlash) the same day the indicators are released. Each report will also end with a “what this means” section for bottom-line analysis. “This product will allow NAFCU’s member credit unions to clearly understand the meaning of economic data releases and orient their operations accordingly,” Taylor said. The first report, issued last week, focused on existing home sales the day they were released.