US Rapid Response Retail Sales (Aug.) The 0.6% m/m rise in retail sales values in August was mostly due to price-related strength in gasoline sales, with the muted 0.1% rise in underlying control group sales suggesting that consumption... 14th September 2023 · 2 mins read
US Rapid Response Consumer Prices (Aug.) The Fed will look through the 0.6% m/m jump in headline CPI in August as it was driven by the recent rally in energy prices. Although core prices also rose by a slightly stronger 0.3% m/m, there is... 13th September 2023 · 2 mins read
US Rapid Response ISM Services Index (Aug.) The rise in the ISM services index to a six-month high of 54.5 in August, from 52.7, is a further sign that activity growth is holding up in the third quarter. That said, a weighted average of the two... 6th September 2023 · 2 mins read
US Rapid Response International Trade (July) Net external trade is on track to provide a modest positive contribution to third-quarter GDP growth, despite the widening in the monthly trade deficit to $65.0bn in July, from $63.7bn. 6th September 2023 · 1 min read
US Rapid Response ISM Manufacturing Index (Aug.) The further rise in the ISM manufacturing index to a six-month high of 47.6 in August, from 46.4, is another sign that overall activity growth is picking up slightly in the third quarter. But the... 1st September 2023 · 2 mins read
US Rapid Response Employment Report (Aug.) The 187,000 gain in non-farm payrolls, jump in the unemployment rate and slowdown in wage growth in August all add to the evidence that labour market conditions are approaching pre-pandemic norms... 1st September 2023 · 2 mins read
US Rapid Response GDP (Q2), ADP (Aug.), Advance Economic Indicators (Jul.) 30th August 2023 · 2 mins read
US Rapid Response Fed Chair Powell at Jackson Hole Fed Chair Jerome Powell underscored the FOMC’s commitment to data dependence in his Jackson Hole speech today, but there was no suggestion that signs of economic resilience have already prompted Fed... 25th August 2023 · 2 mins read