Economy in Brief: September 2020

• Index reverses three months of improvement. • Component weakening is widespread. Economic growth is settling onto a moderate growth track after initially recovering from the recession. The Federal Reserve Bank of Chicago's National [...]

On a seasonally adjusted basis, the unemployment rate was unchanged at 6.1% in the three months to September, according to the Hong Kong Census and Statistics (see Figure 1). Note that the jobless rate has been hovering around this [...]

State labor market data in August was broadly comparable to July, with widespread drops in unemployment and increases in jobs. 41 states report statistically significant declines in their unemployment rate, led by Massachusetts' 4.9 [...]

Canadian retail sales rose by 0.6% in July, a striking deceleration from their gains of 22.7% in June and 21.2% in May. Sales are now back to and above their pre-covid-19 levels; that virus that caused substantial backtracking in the [...]

Canadian retail sales rose by 0.6% in July, a striking deceleration from their gains of 22.7% in June and 21.2% in May. Sales are now back to and above their pre-covid-19 levels; that virus that caused substantial backtracking in the [...]

Canadian retail sales rose by 0.6% in July, a striking deceleration from their gains of 22.7% in June and 21.2% in May. Sales are now back to and above their pre-covid-19 levels; that virus that caused substantial backtracking in the [...]

• Component gains are mixed. • Coincident indicators' improvement moderates. • Lagging indicators continue to indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators [...]

• Component gains are mixed. • Coincident indicators' improvement moderates. • Lagging indicators continue to indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators [...]