Economic Outlook – 10 October 2021
USA • Non-farm payrolls rose just 194K in September, a lot less than the +500K print expected by consensus. Partially compensating for this disappointing result, the prior month’s results were upgraded by a sizeable 169K. [...]
Economic Outlook – 3 October 2021
USA • Durable goods orders increased in August. Total orders were up 1.8% MoM, far above the +0.7% print expected by consensus. July orders growth was revised from -0.1% to +0.5%. Following the monthly increase [...]
Economic Outlook – 26 September 2021
USA • New-home starts rose 3.9% to an annual pace of 1.615 million units following a revised decline of 6.2% the previous month. Reflecting stronger demand for apartments, multifamily starts accounted for the overall gain [...]
Economic Outlook – 19 September 2021
USA • The Consumer Price Index advanced 0.3% MoM in August after climbing 0.5% the prior month. This result was slightly weaker than the +0.4% print expected by consensus. The energy component rose 2.0% thanks [...]
Economic Outlook – 12 September 2021
USA • The Producer Price Index (PPI) for final demand jumped 0.7% MoM, one tick more than expected by consensus. This gain came in the wake of seven solid prints in January (+1.2%), February (+0.7%), [...]
Economic Outlook – 5 September 2021
USA • Non-farm payrolls rose 235K in August, a lot less than the median economists forecast calling for a +733K print. Partially compensating for this disappointing result, the prior month’s results were upgraded by a [...]