Monthly review

Economies: United States The latest macro data has been showing that economic activity has continue to recover but at a slower pace. On the employment front, the permanent job losses continue to...

Economies: United States US employers added 4.8 million jobs in June and the unemployment rate fell to 11.1 per cent. However, the report pre-dated a new surge in coronavirus cases which prompted...

Economies: United States The Atlanta Fed’s GDPNow model estimates a 39.5% contraction in the second quarter although recent economic reports suggest a recovery is underway.  Retail sales jumped a record 17.7 per...

Economies: United States The number of new jobless claims since the start of the pandemic passed 40 million in the last week of May, although continuing claims, which represents the current number...

Economies: United States US jobless claims surged to a record 3.3 million in the week ending 21 March as residents in many of the country’s most populous states were ordered to stay...

Economies: United States The US economy added 225,000 jobs in January, according to the non-farm payrolls report, well ahead of analysts’ forecasts.  The unemployment rate nudged higher to 3.6% as the participation...

Economies: United States The US economy grew at an annualised rate of 2.1% in the fourth quarter.  For 2019 as a whole, the economy expanded 2.3%, down from 2.8% a year earlier...

Economies: United States More than 260,000 jobs were added in November according to the non-farm payrolls report and the unemployment rate fell back down to a 50-year low of 3.5%. Manufacturing jobs...