Weekly Economic Outlook

USARobust retail sales data were the main story on the U.S. economic data front this week. Retail sales handily exceeded expectations, rising 0.7% in March. Excluding autos, sales rose 1.1%, the biggest monthly pop in [...]

USAThe Consumer Price Index rose 0.4% in March, one tick above the median economist forecast calling for a +0.3% print. This followed another 0.4% gain the prior month. Prices in the energy segment climbed 1.1% [...]

USA   Nonfarm payrolls rose 303K in March, a lot more than the median economist forecast calling for a +214K print. Adding to the news, the prior’s month data was revised upward a cumulative 22K. [...]

USA     The S&P Global Flash Composite PMI slipped from 52.5 in February to 52.2 in March, a level that nonetheless remains consistent with a healthy improvement in private sector operating conditions. New orders [...]

USAThe Consumer Price Index rose a consensus-matching 0.4% in February after climbing 0.3% the prior month. Prices in the energy segment rose 2.3%, on gains for gasoline (+3.8%), fuel oil (+1.1%), utility gas services (+2.3%), [...]

USANonfarm payrolls rose 275K in February, a lot more than the median economist forecast calling for a +275K. However, this upside surprise was more than compensated by a -167K cumulative revision to the prior months’ [...]