All Posts Tagged: U.S. Outlook
Mixed Outlook for U.S. Remains, Signs of Life from Abroad
The takeaway from all the latest reports is that the U.S. economic outlook remains mixed with the balance of indicators continuing to point toward further slowing in the months ahead. But on the bright side, the U.S slowdown glide path we are on is gradual.
Read More ›A 2020 Forecast Upgrade Despite December Payroll Miss
U.S. nonfarm payrolls increased by only 145k jobs in December, a slight undershoot from the consensus forecast of 160k and our own forecast of 170k. This is a sharp deterioration from November’s 256k job gain.
Read More ›Reducing Downside Tail Risks for 2020
For the first time since early 2018 when the U.S.-China Trade War came on the scene and early 2019 when Brexit deadlines came and went, we believe downside tail risks for the U.S. and global economy are measurably easing.
Read More ›A Positive Surprise From November Payrolls
Nonfarm payroll growth accelerated to 266k jobs last month easily surpassing the consensus forecast looking for a 180k job gain.
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