There are always several different views of the reality of economic analysis and forecasts. Each observer has a different, or parallax, view reflecting different interests, expectations or methods of analysis. Still, there are certain [...]
Global| Oct 01 2020Japan's Tankan Escapes the Deep Dive of Pessimism
• Seasonally adjusted initial claims in state programs fell 36,000 in September 26 week to 837,000; not seasonally adjusted claims fell 40,300 to 786,900. • PUA program initial claims rose 34,521 to 650,120. • Insured unemployment [...]
- Global| Oct 01 2020
U.S. Personal Income Falls Sharply While Spending Increases in August
• Income decline due to lower unemployment insurance payments. • Spending continues to strengthen. • Price inflation eases. Personal income declined 2.7% during August (+4.7% y/y) following a 0.5% July rise, revised from 0.4%. A 2.1% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2020
Strong Growth in U.S. Construction in August; Meaningful Upward Revisions to Previous Months
• Construction spending increased 1.4% in August with June and July now showing healthy gains. • Residential jumps 3.7%; continued weakness in nonresidential. • The 2.0% decline in construction since February looks similar to previous [...]
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