All Posts Tagged: manufacturing

Only the Tip of the Iceberg

Scott Anderson
Chief Economist

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.

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January’s Employment Gains Solid

Scott Anderson
Chief Economist

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.

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U.S. Outlook: Signs Still Point to Slower Growth Ahead

Scott Anderson
Chief Economist

The U.S. consumer is increasingly looking tired, and retail sales growth is on a clear downtrend.

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U.S. Outlook: October Payrolls – Data Revisions Steal the Show

Scott Anderson
Chief Economist

The U.S. labor market is slowing, just not as quickly as we all thought before the release of the October payrolls report. Despite the substantial headwinds of the GM strike and escalation of the trade war in September, U.S. nonfarm employment managed to increase a better than expected 128k jobs last month.

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