US Economics Update Wage growth not being held back by mix of jobs created The slowdown in payroll employment growth over the past year or so has been concentrated in low wage occupations, indicating that the overall mix of jobs being created has improved. This makes the... 5th June 2017 · 1 min read
US Economics Update Consumption growth set to rebound in second quarter After coming to a near standstill in the first quarter, we expect consumption growth to rebound to more than 2% annualised in the second quarter. Furthermore, there are good reasons to expect even... 2nd May 2017 · 1 min read
US Data Response ISM Manufacturing (Apr.), Income & Spending (Mar.) The drop back in the ISM manufacturing index in April is not a huge worry since the index is still well above its average over the past two years and at a level historically consistent with 3% GDP... 1st May 2017 · 1 min read
Canada Data Response Canada Data Response - GDP by Industry (Oct.) The worrisome 0.3% m/m decline in October GDP was much weaker than expected, suggesting that the economy can’t cope with lower commodity prices, despite the lower Canadian dollar. Unfortunately, with... 23rd December 2016 · 1 min read
