Global markets cheered as China's manufacturing PMI registered positive growth in March for the first time since October of last year. Still, the reading is weak and a bare-bones positive at 50.5. Ranking the headline diffusion index [...]
Global| Apr 01 2019China's Manufacturing PMI Rebounds to Register Growth
- Global| Apr 01 2019
ISM Manufacturing Index Improves, But Not by Much
The ISM manufacturing index unexpectedly rose to 55.3 in March from 54.2 in February, but remained close to its weakest level since late-2016. The index remained below its expansion peak 60.8 last August. The Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2019
U.S. Business Inventories and Sales Rise in January
Total business inventories increased 0.8% (5.3% year-on-year) during January, the second consecutive monthly gain of this magnitude (this report was delayed as a result of the government shutdown). Total business sales rose 0.3% (2.8% [...]
- Global| Apr 01 2019
U.S. Retail Sales Ease in Broad-Based Decline
Total retail sales fell 0.2% during February (+2.2% y/y) following a 0.7% January increase, revised from 0.2%. A 0.2% gain had been expected in the Action Economics Forecast Survey. Retail sales excluding motor vehicles and parts [...]
by:Tom Moeller
|in:Economy in Brief
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