Economic Outlook – 14 April 2024
USAThe Consumer Price Index rose 0.4% in March, one tick above the median economist forecast calling for a +0.3% print. This followed another 0.4% gain the prior month. Prices in the energy segment climbed 1.1% [...]
Economic Outlook – 7 April 2024
USA Nonfarm payrolls rose 303K in March, a lot more than the median economist forecast calling for a +214K print. Adding to the news, the prior’s month data was revised upward a cumulative 22K. [...]
Economic Outlook – 24 March 2024
USA The S&P Global Flash Composite PMI slipped from 52.5 in February to 52.2 in March, a level that nonetheless remains consistent with a healthy improvement in private sector operating conditions. New orders [...]
Economic Outlook – 17 March 2024
USAThe Consumer Price Index rose a consensus-matching 0.4% in February after climbing 0.3% the prior month. Prices in the energy segment rose 2.3%, on gains for gasoline (+3.8%), fuel oil (+1.1%), utility gas services (+2.3%), [...]
Economic Outlook – 10 March 2024
USANonfarm payrolls rose 275K in February, a lot more than the median economist forecast calling for a +275K. However, this upside surprise was more than compensated by a -167K cumulative revision to the prior months’ [...]
Economic Outlook – 3 March 2024
USANominal personal income increased 1.0% in January, a lot more than expected by consensus (+0.4%). The wage/salary component of income showed a 0.4% gain, whereas income derived from government transfers surged 2.3%, the most since [...]