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Manufacturing is hanging in; labor demand is softening, gradually.
Sales nearing a floor, but slump in prices is just beginning
Increases in wages and core prices are slowing sequentially
Manufacturing recession looks likely in months ahead
Disconnect between sales and mortgage demand can't last much longer
The trade and inventory data will push down Q3 GDP growth forecasts
Eight straight months of falling sales, and still no floor in sight
Ignore the uptick in permits; the downturn in housing starts has much further to run
Manufacturing output is still trending upwards, and it's not just autos
Solid September control sales puts consumption on good footing for fourth quarter
Awful, but PCE will be much less bad
Favorable underlying trends persist, behind the noise
The headline increase won’t last, but labor market pressure is easing
Markets don’t like 3.5% unemployment, but is wage growth slowing?
Holding up well; the strength in employment is startling
Hard to take seriously.
Disappointing, but clear signals of downward pressure on inflation
Unexpectedly and inexplicably grim; rebound in October?
U.S. Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence