Monthly Archives: July 2022

July 2022

Economic Outlook – 10 July 2022

2022-07-10T18:47:59+00:00

USA • Nonfarm payrolls rose 372K in June, a lot more than the +265K pint expected by consensus. This positive surprise was partly offset by a 74K downward revision to the previous months’ results. Employment in the goods sector jumped 48K, with gains in manufacturing (+29K), construction (+13K) and, to a lesser, extent, mining/logging (+6K). [...]

Economic Outlook – 10 July 2022 2022-07-10T18:47:59+00:00

Economic Outlook – 3 July 2022

2022-07-06T15:33:22+00:00

USA • Consumer prices measured by the PCE deflator rose another 0.6% in May, lifting the annual rate back up a touch to 6.35% from 6.29% previously. Elevated and persistent price pressures have dramatically weighed on real disposable personal income, which is now about 5.4% below where it would be implied by its trend in [...]

Economic Outlook – 3 July 2022 2022-07-06T15:33:22+00:00

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