puricassarag

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So far puricassarag has created 215 blog entries.

September 2018

Economic Outlook – 30 September 2018

2018-10-02T22:11:29+00:00

US The FOMC decision was the headline event this week, even though its unanimous 25 bps rate hike was widely expected. What was decidedly more interesting were key changes in the language of the committee’s policy statement, as well as the rollout of its 2021 fed funds rate projections. While the FOMC has been steadily [...]

Economic Outlook – 30 September 2018 2018-10-02T22:11:29+00:00

Economic Outlook – 23 September 2018

2018-09-23T21:33:18+00:00

US Housing starts rebounded in August but building permits dropped. Home sales also came in below expectations, as resales of existing homes were unchanged. Despite housing remaining in a soft patch, real GDP is expected to remain solid and grow 3.1% during Q3 and stay close to that pace through the remainder of the year. [...]

Economic Outlook – 23 September 2018 2018-09-23T21:33:18+00:00

Economic Outlook – 9 September 2018

2018-09-09T21:09:25+00:00

US US employers added 201,000 new jobs in August. The prior two months of additions were revised down 50,000, bringing the three-month average to 185,000. Gains in August were broad based, with most industries adding jobs over the month, notably the transportation and warehousing & construction sectors. Manufacturing jobs fell slightly during the month. The [...]

Economic Outlook – 9 September 2018 2018-09-09T21:09:25+00:00

Economic Outlook – 2 September 2018

2018-09-02T20:16:17+00:00

US The second estimate for US GDP revealed a faster pace of economic growth than first estimated, with the annualised growth rate quickening slightly to 4.2% in Q2. The details also offered additional colour on the state of the economy at this late stage of the cycle and, with some exception, those details were broadly [...]

Economic Outlook – 2 September 2018 2018-09-02T20:16:17+00:00

August 2018

Economic Outlook – 26 August 2018

2018-08-26T18:43:49+00:00

US US existing homes sales declined 0.7% to 5.34 million units in July. Single-family sales fared slightly better and only experienced a 0.2% drop, while condos and co-ops fell 4.8%. Total resales have now declined on a monthly basis in each of the past four months and are trending 1.5% below year-ago levels. The parade [...]

Economic Outlook – 26 August 2018 2018-08-26T18:43:49+00:00

Economic Outlook – 5 August 2018

2018-08-05T21:19:05+00:00

US The Employment Cost Index rose to its highest year-over-year pace of the expansion in Q2. Employment costs at private businesses have risen 2.9% amid a more rapid rise in wages and benefits. Public sector costs have been more subdued, however, as wage growth has slipped back under 2.0%. For all the hand wringing over [...]

Economic Outlook – 5 August 2018 2018-08-05T21:19:05+00:00

July 2018

Economic Outlook – 29 July 2018

2018-07-29T21:33:53+00:00

US US real GDP grew at a 4.1% pace during the second quarter and first quarter growth was also slightly stronger than first reported. The stronger GDP figures do not come as much of a surprise. This past quarter’s GDP data were even more difficult to predict than usual. The second quarter data include benchmark [...]

Economic Outlook – 29 July 2018 2018-07-29T21:33:53+00:00