Economic Outlook – 19 May 2019
US US industrial production fell 0.5% in April. A drop in utilities output offset an increase in mining. The real sore spot in the report, however, was the 0.5% drop in manufacturing output. Consistent with [...]
Economic Outlook – 12 May 2019
US The trade deficit widened slightly in March to $50.0 billion. Exports posted an increase for the third consecutive month, but imports jumped 1.1% after a measly gain in February and a drop in January. [...]
Economic Outlook – 5 May 2019
US The Fed’s policy-setting committee decided to make no change to official short-term interest rates, as was widely expected. Investors appeared to react negatively to Fed Chairman Jerome Powell’s post-meeting press conference, which was widely [...]
Economic Outlook – 28 April 2019
US US real GDP grew at an annualised rate of 3.2% in Q1 of 2019. The first quarter headline rate of growth was stronger than most analysts had expected, and it represents a pick-up in [...]
Economic Outlook – 14 April 2019
US US small business optimism was virtually unchanged in March. Despite the stock market having recovered from its end-of-year rough patch and the government shutdown now firmly in the rearview mirror, the index remains noticeably [...]
Economic Outlook – 7 April 2019
US Recent data continue to suggest a softer first quarter in the US, but with the underlying fundamentals of the US economy generally solid at present, talk of an imminent recession may be a bit [...]