Economic Outlook – 4 September 2022
USA • The S&P Global flash composite PMI sank from 47.7 in July to 45.0 in August, marking a second consecutive contraction in private-sector activity and the sharpest since May 2020. Outside of the pandemic [...]
Economic Outlook – 28 August 2022
USA • The S&P Global flash composite PMI sank from 47.7 in July to 45.0 in August, marking a second consecutive contraction in private-sector activity and the sharpest since May 2020. Outside of the pandemic [...]
Economic Outlook – 10 July 2022
USA • Nonfarm payrolls rose 372K in June, a lot more than the +265K pint expected by consensus. This positive surprise was partly offset by a 74K downward revision to the previous months’ results. Employment [...]
Economic Outlook – 3 July 2022
USA • Consumer prices measured by the PCE deflator rose another 0.6% in May, lifting the annual rate back up a touch to 6.35% from 6.29% previously. Elevated and persistent price pressures have dramatically weighed [...]
Economic Outlook – 26 June 2022
USA • Markit’s flash composite PMI cooled from 53.6 in May to a 5-month low of 51.2 in June. While still above the 50-point mark separating expansion from contraction, this result was the second weakest [...]
Economic Outlook – 12 June 2022
USA • The Consumer Price Index rose 1.0% MoM in May, a lot more than the already solid +0.7% print expected by consensus. This came after a 0.3% increase the prior month. Prices in the [...]