Monthly Archives: March 2019

March 2019

Economic Outlook – 17 March 2019

2019-03-18T07:41:37+00:00

US US January retail sales report was released last week and it showed a bounce-back in consumer spending after what was the worst month for retailers since the Great Recession. Stripping away volatile components (food, autos, gas and building materials) the control group measure fared even worse in December, declining 2.3%, or the largest monthly [...]

Economic Outlook – 17 March 2019 2019-03-18T07:41:37+00:00

Economic Outlook – 10 March 2019

2019-03-12T08:15:57+00:00

US Last week’s Nonfarm payrolls came in well below expectations, as employers added just 20K new jobs in February after adding 311K in January. Through the volatility, the three-month average gain of 186K is still rather strong, but marks a moderation, consistent with an upward tick in jobless claims and more moderate survey evidence from [...]

Economic Outlook – 10 March 2019 2019-03-12T08:15:57+00:00

Economic Outlook – 3 March 2019

2019-03-03T22:30:26+00:00

US The weakness in the US housing market felt through much of last year has extended into 2019. Existing home sales dropped 1.2% in January, as the lingering effects of rapid home price appreciation and higher mortgage rates in the second half of 2018 dampened sales for the third consecutive month. While overall sales have [...]

Economic Outlook – 3 March 2019 2019-03-03T22:30:26+00:00