All Posts Tagged: manufacturing
It is hard to believe but April retail sales were even worse than our already below consensus forecast for April. Retail sales dropped off a cliff last month, plunging 16.4% after dropping 8.3% in March. The March decline broke records last month and April’s sales declines were nearly twice as bad for retailers.Read More ›
The March employment report was shockingly bad. Seven hundred and one thousand jobs lost last month – more than 7 times higher than economists’ consensus forecast.Read More ›
The January payroll report was a solid report across most metrics.
The headline nonfarm payroll gain of 225k jobs last month handily beat analysts’ forecasts looking for a gain of 165k jobs in January. U.S. nonfarm payroll growth was 1.8% on an annualized basis last month.Read More ›
The U.S. consumer is increasingly looking tired, and retail sales growth is on a clear downtrend.Read More ›