Economic Outlook – 16 April 2023
USA The U.S. Consumer Price Index edged up 0.1% in March, one tick less than the median economist forecast calling for a +0.2% print and the least in eight months. Prices in the energy segment retreated [...]
Economic Outlook – 9 April 2023
USA The ISM Non-manufacturing PMI remained in expansion territory in March but lost considerable vigor (from 55.1 to 51.2). Growth in business activity decelerated (from 56.3 to 55.4) on the heels of new orders (from 62.6 [...]
Economic Outlook – 2 April 2023
USA Nominal personal income increased 0.3% in February, a bit more than the median economist forecast calling for a 0.2% gain. Amid a labour market that remains healthy, the wage/salary component of income progressed 0.3% in [...]
Economic Outlook – 26 March 2023
USA The S&P Global Flash Composite PMI jumped 3.2 points in March to a 10-month high of 53.3, signalling a solid improvement in private sector activity. New orders (from 48.5 to 51.2) expanded for the first [...]
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 [...]