Economic Outlook – 15 April 2018
US Those who were hoping for signs of firming inflation were not disappointed. The inflation celebration was kicked off on Tuesday with the release of March’s producer price index (PPI), which rose 0.3% ahead of [...]
Economic Outlook – 8 April 2018
US The March employment report marks another solid month of gains. The shortfall in employment growth was mostly due to swings in construction and retail payrolls. Construction payrolls added 65,000 jobs in February, which was [...]
Economic Outlook – 25 March 2018
US The Fed raised the upper bound limit one quarter of a percentage point to 1.75% on Wednesday in a widely expected move, despite less than positive data in Q1. Business fixed investment and household [...]
Economic Outlook – 18 March 2018
US Retail sales edged down 0.1% in February, with broad-based declines in a number of categories. Excluding auto sales, total sales rose 0.2%. The closely watched control group, which feeds into the calculation for GDP, [...]
Economic Outlook – 11 March 2018
US Employment growth strengthened in February with businesses adding 313,000 new jobs. That pushed the three-month average up to 242,000 after a net of 54,000 jobs also revised job gains in December and January higher. [...]
Economic Outlook – 4 March 2018
US US factory sector data released this week showed another divergence between the “hard” and “soft” data. On the hard data front, private equipment spending looks to be cooling after increasing at a double-digit pace [...]