Nonetheless onerous to see the recession in (preliminary) August 2024 information.
Determine 1: Nonfarm Payroll (NFP) employment from CES (blue), implied NFP from preliminary benchmark...
Employment development is slowing. Even taking the preliminary benchmark at face worth, we’re not in recession as of mid-August (when the survey is taken).
Determine...
Together with month-to-month GDP out right now from S&P World Market Insights, and preliminary benchmark NFP:
Determine 1: Nonfarm Payroll (NFP) employment from CES (daring blue),...
July nominal consumption development at consensus (+0.5%). Month-on-Month annualized actual consumption development at 4.5%, with June revised up from 2.6% to three.2%. Furthermore, annualized...
With the Fed’s industrial manufacturing launch (-0.6% m/m vs. -0.3% consensus) and retails gross sales (+1.0% m/m vs. +0.4% consensus), we've the next photos,...