Economic Outlook – 19 March 2023
USAThe Consumer Price Index progressed 0.4% in February, in line with consensus expectations. Prices in the energy segment retreated 0.6% as an increase for gasoline (+1.0%) was more than offset by steep declines for fuel [...]
Economic Outlook – 12 March 2023
USA· Nonfarm payrolls rose 311K in February, more than the median economist forecast calling for a +225K print. The previous months’ data. meanwhile were revised downward a cumulative 34K. Employment in the goods sector advanced 20K [...]
Economic Outlook – 5 March 2023
USA The ISM Non-Manufacturing PMI remained relatively stable in expansion territory in February, moving from 55.2 to 55.1. This stabilization confirms that the December decline in the ISM index was exacerbated by poor weather conditions which [...]
Economic Outlook – 26 February 2023
USA The Consumer Price Index sprang 0.5% in January, the most in seven months. This was roughly in line with consensus expectations. Prices in the energy segment jumped 2.0% as a decline for fuel oil (-1.2%) [...]
Economic Outlook – 19 February 2023
USA The Consumer Price Index sprang 0.5% in January, the most in seven months. This was roughly in line with consensus expectations. Prices in the energy segment jumped 2.0% as a decline for fuel oil (-1.2%) [...]
Economic Outlook – 12 February 2023
USA The trade deficit widened from $61.0 billion in November to $67.4 billion in December. The expansion was due in large part to a 1.8% surge in goods imports (to $258.8 billion), led by consumer goods [...]