Economic Outlook – 28 February 2022
USA • Markit’s flash composite PMI came in at 56.0 in February, up sharply from 51.1 the month before. Polled managers reported a “notable recovery in demand from COVID-related disruptions at the start of the [...]
Economic Outlook – 20 February 2022
USA • Retail sales expanded 3.8% in January, quite a bit more than the +2.0% print expected by consensus. The good news was partially offset by a downward revision to the prior month’s result from [...]
Economic Outlook – 13 February 2022
USA • The Consumer Price Index rose 0.6% MoM in January after climbing 0.5% the prior month. The January result was two ticks stronger than expected by consensus. The energy component rose 0.9% despite the [...]
Economic Outlook – 6 February 2022
USA • Nonfarm payrolls rose 467K in January, more than the +125K print expected by consensus. Adding to the good news, the prior months’ results were upgraded a massive 709K. Employment in the goods segment [...]
Economic Outlook – 30 January 2022
USA • The Bureau of Economic Analysis put out its first estimate of Q4 GDP growth. The economy reportedly expanded an annualized 6.9% in the quarter, which was more than the +5.5% print expected by [...]
Economic Outlook – 23 January 2022
USA • Housing starts jumped from 1,678K in November to a nine-month high of 1,702K in December, overshooting the 1,650K print expected by analysts. The monthly gain was entirely due to a 10.6% gain in [...]