Economic Outlook – 6 May 2018
US The US personal income and spending report showed an encouraging spending rebound in March. Consumer spending rose 0.4% during the month on both a real and nominal basis. The 0.4% rise came on the [...]
Economic Outlook – 29 April 2018
US US real GDP growth slowed in the first quarter to an annualised pace of 2.3 %. One key reason for the slower growth rate was that consumer spending grew at just a 1.1% annualised [...]
Economic Outlook – 22 April 2018
US Retail sales were above consensus and increased 0.6% in March, reversing the recent three-month string of declines. Winter weather in the Northeast, which was widely expected to have a greater adverse effect, was limited. [...]
Economic Outlook – 15 April 2018
US Those who were hoping for signs of firming inflation were not disappointed. The inflation celebration was kicked off on Tuesday with the release of March’s producer price index (PPI), which rose 0.3% ahead of [...]
Economic Outlook – 8 April 2018
US The March employment report marks another solid month of gains. The shortfall in employment growth was mostly due to swings in construction and retail payrolls. Construction payrolls added 65,000 jobs in February, which was [...]
Economic Outlook – 25 March 2018
US The Fed raised the upper bound limit one quarter of a percentage point to 1.75% on Wednesday in a widely expected move, despite less than positive data in Q1. Business fixed investment and household [...]