Monthly Archives: November 2019

November 2019

Economic Outlook – 10 November 2019

2019-11-11T09:47:04+00:00

US The ISM non-manufacturing index, a measure of the breadth of activity in the US service sector, beat expectations last week by climbing to 54.7 from a three-year low of 52.6 last month. The multiyear low of the non-man survey was especially concerning last month because it came just two days after its manufacturing counterpart [...]

Economic Outlook – 10 November 2019 2019-11-11T09:47:04+00:00

Economic Outlook – 3 November 2019

2019-11-04T15:18:37+00:00

US US economy grew at a 1.9% annualized pace last quarter, slowing marginally from 2.0% recorded in the second quarter. Sectors centered on the domestic side of the economy, including consumer spending (+2.9%), residential investment (+5.1%), and government spending (+2%), all made positive contributions. US business investment declined for the second straight quarter (-3%), while [...]

Economic Outlook – 3 November 2019 2019-11-04T15:18:37+00:00