Economic Outlook – 5 June 2022
USA • Retail sales increased 0.9% in April on top of an upwardly revised gain of 1.4% in March. The April increase in sales could not be entirely attributed to higher prices. Overall consumer prices [...]
Economic Outlook – 22 May 2022
USA • Retail sales increased 0.9% in April on top of an upwardly revised gain of 1.4% in March. The April increase in sales could not be entirely attributed to higher prices. Overall consumer prices [...]
Economic Outlook – 15 May 2022
USA • The Consumer Price Index rose 0.3% MoM in April, slightly more than the +0.2% print expected by consensus. This came after a 1.2% increase in March, the biggest monthly jump since September 2005. [...]
Economic Outlook – 8 May 2022
USA • Nonfarm payrolls rose 428K in April, more than the +380K print expected by consensus. This positive surprise was partly offset by a 39K downward revision of previous months’ results. Employment in the goods [...]
Economic Outlook – 1 May 2022
USA • First quarter GDP was the disappointing marquee release this week, but there were plenty of silver linings. The consensus was for weak, but still positive, growth. Instead, the U.S. economy retreated by 1.4% [...]
Economic Outlook – 24 April 2022
USA • Markit’s flash composite PMI signaled a strong, but slower increase in business activity across the private sector in April. The headline index came in at 55.1, down from 57.7 the month before. The [...]