Economic Outlook – 15 December 2024
USAThe Consumer Price Index rose a consensus-matching 0.3% in November. This came in the wake of a 0.2% print the prior month. Prices in the energy segment edged up 0.2%, as a 0.4% decline in [...]
Economic Outlook – 8 December 2024
USANFP (Nonfarm Payrolls) rose 227K in November, a tad more than the median economist forecast calling for a +220K print. The positive surprise was compounded by a +56K cumulative revision to the prior months’ results. [...]
Economic Outlook – 1 December 2024
USANominal personal income rose 0.6% in October, twice the rate expected by consensus (+0.3%) and the most in 9 months. The wage/salary component of income moved up 0.5%, while income derived from government transfers jumped [...]
Economic Outlook – 24 November 2024
USThe S&P Global Flash Composite PMI signalled another solid expansion in private sector activity in November, as it rose from 54.1 to a 31-month high of 55.3. New orders (from 52.8 to 54.9) piled up [...]
Economic Outlook – 17 November 2024
USAThe Consumer Price Index (CPI) rose 0.2% in October, in line with the median economist forecast. This came in the wake of another 0.2% gain the prior month. Price in the energy segment were flat [...]
Economic Outlook – 10 November 2024
USAThe trade deficit deepened from $70.8 billion (revised from $70.4 billion) to $84.4 billion in September. This was due to an increase in the goods trade deficit of $14.2 billion to $109.0 billion, which represents [...]