Monthly Archives: October 2021

October 2021

Economic Outlook – 10 October 2021

2021-10-10T09:03:23+00:00

USA • Non-farm payrolls rose just 194K in September, a lot less than the +500K print expected by consensus. Partially compensating for this disappointing result, the prior month’s results were upgraded by a sizeable 169K. The private sector added 317K jobs. Employment in the goods sector sprang 52K thanks to gains in manufacturing (+26K), construction [...]

Economic Outlook – 10 October 2021 2021-10-10T09:03:23+00:00

Economic Outlook – 3 October 2021

2021-10-10T09:04:24+00:00

USA • Durable goods orders increased in August. Total orders were up 1.8% MoM, far above the +0.7% print expected by consensus. July orders growth was revised from -0.1% to +0.5%. Following the monthly increase for this indicator, total orders were 14.1% above their February 2020 (prepandemic) level. The improvement in August was due mainly [...]

Economic Outlook – 3 October 2021 2021-10-10T09:04:24+00:00