Monthly Archives: December 2020

December 2020

Economic Outlook – 20 December 2020

2020-12-20T18:55:11+00:00

US The November retail sales report came in a lot weaker than expected. After an impressive run of positive gains from May to September, consumer outlays decreased for the second month in a row, adding to signs that the US economic rebound is losing its spring amid the surging number of COVID-19 cases. The real [...]

Economic Outlook – 20 December 2020 2020-12-20T18:55:11+00:00

Economic Outlook – 13 December 2020

2020-12-13T06:30:48+00:00

US The Consumer Price Index rose 0.2% in November after holding steady the month before. The result overshot consensus expectations for a 0.1% print. Energy prices overall were up 0.4% month-on-month as lower gasoline prices (-0.4%) were more than offset by higher prices for electricity (+0.5%), gas (+3.1%) and fuel oil (+3.6%). The cost of [...]

Economic Outlook – 13 December 2020 2020-12-13T06:30:48+00:00

Economic Outlook – 6 December 2020

2020-12-06T21:21:31+00:00

US The ISM Manufacturing Index fell 1.8 points to a still strong 57.5 in November. The ISM is a diffusion index and measures the breadth of strength or weakness in the factory sector rather than the magnitude. Any reading above 50 means more manufacturers see conditions at their business improving rather than weakening. The forward-looking [...]

Economic Outlook – 6 December 2020 2020-12-06T21:21:31+00:00