Weekly Economic Outlook

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

Economic Outlook – 25 November 2018

US The biggest surprise last week in the US was the eight point drop in the National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index in November. This month’s plunge to 60 was the largest [...]

Economic Outlook – 18 November 2018

US The third quarter print of the US GDP data dominated an otherwise slow week of economic data. Real GDP topped consensus expectations and grew a solid 3.5% in Q3. The outturn represents a modest [...]

Economic Outlook – 11 November 2018

US The Federal Open Market Committee (FOMC) voted unanimously this week to maintain the target range for the federal funds rate at 2.0% to 2.25%, a decision widely anticipated by market participants. As this was [...]

Economic Outlook – 4 November 2018

US US personal spending rose a solid 0.4% in September, consistent with the robust pace of consumption reported in last week’s Q3 GDP release. Spending was driven by a surge in durables, which, at least [...]

Economic Outlook – 28 October 2018

US US real GDP topped consensus expectations and grew a solid 3.5% in Q3. The outturn represents a modest downshift from the 4.2% registered in Q2; however, the US economy continues to grow at a [...]

Economic Outlook – 21 October 2018

US US retail sales fell short of expectations and rose 0.1% in September, primarily due to slower sales at gas stations and bars and restaurants, which dipped 0.8% and 1.8%, respectively. However, control group sales, [...]