Economic Outlook – 28 March 2021
• Global supply chains have been strained for over a year due to disruptions and bottlenecks caused by the coronavirus, and this week's grounding of a massive container ship in the Egypt's Suez Canal has [...]
Economic Outlook – 22 March 2021
US • Retail sales fell 3.0% month-on-month in February after gaining a revised 7.6% in January (up from an earlier 5.3% estimate). The decline was broad based but for two exceptions. o Sales were flat [...]
Economic Outlook – 14 March 2021
US • The Consumer Price Index rose 0.4% in February after climbing 0.3% the prior month. The result was in line with consensus expectations. o The energy component sprang 3.9% thanks in part to a [...]
Economic Outlook – 7 March 2021
US • Nominal personal income spiked 10.0% in January as American households received the aid cheques included in the USD$900 billion stimulus package signed at the end of Donald Trump’s presidency. o Income derived from [...]
Economic Outlook – 28 February 2021
US • Nominal personal income spiked 10.0% in January as American households received the aid cheques included in the USD$900-billion stimulus package signed at the end of Donald Trump’s presidency. o Income derived from government [...]
Economic Outlook – 21 February 2021
US The Markit flash composite PMI came in at 58.8 in February (vs. 58.7 the prior month), signalling the broadest improvement in private-sector activity in almost 6 years. The degree of optimism towards future output [...]