Economic Outlook – 18 March 2018
US Retail sales edged down 0.1% in February, with broad-based declines in a number of categories. Excluding auto sales, total sales rose 0.2%. The closely watched control group, which feeds into the calculation for GDP, [...]
Economic Outlook – 11 March 2018
US Employment growth strengthened in February with businesses adding 313,000 new jobs. That pushed the three-month average up to 242,000 after a net of 54,000 jobs also revised job gains in December and January higher. [...]
Economic Outlook – 4 March 2018
US US factory sector data released this week showed another divergence between the “hard” and “soft” data. On the hard data front, private equipment spending looks to be cooling after increasing at a double-digit pace [...]
Economic Outlook – 25 February 2018
US US existing home sales disappointed again in January, falling 3.2% to a 5.38 million unit pace with sales declining in all four regions of the country. The sluggish pace of existing home sales is [...]
Economic Outlook – 18 February 2018
US Headline US CPI increased 0.5% in January, and registered a 2.1% year-on-year increase. While energy prices played a large role in boosting the CPI, core CPI, excluding food and energy prices, rose 0.3%, the [...]
Economic Outlook – 11 February 2018
US The ISM non-manufacturing index posted a solid rebound in January after service sector activity took a breather in November and December. The headline rose to hit a new cycle high of 59.9. The improvement [...]