Monthly Archives: July 2020

July 2020

Economic Outlook – 12 July 2020

2020-09-11T05:31:43+00:00

US The ISM non-manu­facturing index posted a 11.7-point jump to 57.1 for June. The improvement was broad-based as 3 of the 5subcomponents (and 14 out of 18 industries), reported posi­tive growth for the month. This data release is backward looking. With the pace of infections picking up in mid-June, these data will not cap­ture the [...]

Economic Outlook – 12 July 2020 2020-09-11T05:31:43+00:00

Economic Outlook – 5 July 2020

2020-09-11T05:32:19+00:00

US During June, nonfarm payrolls rose by 4.8 million jobs, while the unemployment rate fell to 11.1%. Both were surprises to the upside. While this is certainly another step in the right direction, employment levels remain almost 10.0% below February peak. Initial jobless claims slightly fell to just over 1.4 million for the week ending [...]

Economic Outlook – 5 July 2020 2020-09-11T05:32:19+00:00

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