US growth momentum – Coming this week (Dec 23-29)
Durable goods orders, Chicago Fed Index on Economic Activity, Retail Sales in Japan Highlights Durable goods orders in the US for November (Dec. 23)The main source of weakness for the…
Philippe Waechter's blog
What to expect this week? November 11 to 17, 2019
Highlights GDP growth for the third quarter in Germany (Nov.14) and the ZEW survey for November (Nov.12)The industrial contraction during the third quarter and the fragility seen on the services…
What to expect this week: October 14 to 20, 2019
Highlights Next Tuesday, the IMF will release its new forecasts. Comments are bearish, the global economic outlook will weaker than last spring or last July forecasts. In July, the world…
What to expect this week: October 7 to 13, 2019
Highlights The most important data this week will be the industrial production indices in Europe. Germany and Spain (8) and France, Italy and UK (10).Their momentum will reflect and highlight…
What to expect next week ? (July 15 – July 21, 2019)
Highlights > The Chinese GDP growth number for the second quarter (July 15). During the first three months of the year growth was at 6.4% It should be lower as…
United Kingdom – Last exit before inflation
The rapid improvement of retail sales in February (+1.5%) has to be interpreted with care. The retail sales momentum has deeply changed in recent months. After a strong recovery since…
3 Graphs on US Retail Sales in September: A Low Momentum
Retail sales were up in September. They increase by 0.6% after a retreat of -0.2% in August and a weak rise (0.1%) in July. On average for the quarter, retail…
Gloomy Summer for Growth in the US
After the deep drop in the ISM surveys for August (see here and here) we have had two new important data. Retail sales were down by -0.3% in August after…