Weekly Economic Outlook

USA     Real GDP expanded 3.3% annualized in the fourth quarter, a lot more than the median economist forecast calling for a +2.0% print. Year on year, real GDP expanded 3.1%. Domestic demand grew [...]

USA     Retail sales rose 0.6% in December, overshooting the +0.4% print expected by consensus. The prior month’s result was left unchanged at +0.3%. Sales of motor vehicles and parts contributed positively to the [...]

USA     The Consumer Price Index rose 0.3% in December, more than the median economist forecast calling for a +0.2% print. The index had edged up 0.1% the month before. Prices in the energy [...]

USANonfarm payrolls rose 216K in December, more than the median economist forecast calling for a +175K print. This positive surprise, however, was offset by a -71K cumulative revision to the previous months ‘data. Employment in [...]

USA       The Consumer Price Index (CPI) rose just 0.1% in November, amounting to a 3.1% year-to-year upswing. The headline print was muted by a downdraft in gasoline prices and ongoing moderation in [...]

USA     Nonfarm payrolls rose 199K in November, more than the median economist forecast calling for a +185K print. This positive surprise was offset by a -35K cumulative revision to the previous thanks in [...]