Weekly Economic Outlook

Weekly Economic Outlook 2017-05-01T17:51:08+00:00

Economic Outlook – 27 November 2022

USA Durable goods orders jumped 1.0% in October, far more than the 0.4% increase expected by consensus. Orders in the transportation category sprang 2.1%, with gains in the defense aircraft (+21.7%), civilian aircraft (+7.4%), and vehicles [...]

Economic Outlook – 20 November 2022

USA • Retail sales increased 1.3% in October, overshooting the +1.0% print expected by economists. There was no revision to the prior month’s flat line (+0.0%). Higher sales of motor vehicles and parts (+1.3%) contributed [...]

Economic Outlook – 13 November 2022

USA • There was some clear relief in consumer inflation in October, which is a welcome development for households and policymakers alike. The headline consumer price index rose "just" 0.4% during the month, which was [...]

Economic Outlook – 6 November 2022

USA • The ISM Manufacturing PMI slipped from 50.9 in September to 50.2 in October, marking the weakest expansion in the sector since the early months of the pandemic. The output index rose from 50.6 [...]

Economic Outlook – 30 October 2022

USA • The Bureau of Economic Analysis put out its first estimate of Q3 GDP growth. The economy reportedly expanded 2.6% annualized in the quarter, a bit more than the median economist forecast calling for [...]

Economic Outlook – 23 October 2022

USA • Industrial production expanded 0.4% in September and reached a new all-time high. Manufacturing output, too, sprang 0.4% as production of motor vehicles/parts (+1.0%) continued to recover after being hit by semiconductor shortages last [...]