Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

U.S. Publications

Below is a list of our U.S. Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep

Please use the filters on the right to search for a specific date or topic.

U.S. Retail Sales

1 June 2023 US Monitor ADP Set to Report Slower Job Gains, but NFIB Hiring Plans Matter More

  • We expect a clear slowing in ADP employment in May, but we care more about NFIB hiring intentions.
  • Weak regional surveys and soft China PMIs point to a dip in ISM manufacturing; the sector is in recession.
  • Auto sales likely dipped in May; the trend appears to be peaking as rates rocket and credit tightens.

Ian Shepherdson (Chief Economist and Founder)U.S.

PM Datanote: Pending Home Sales, April

Stuck at low levels for the foreseeable future.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: New Home Sales, April

Prices are falling rapidly as homebuilders scramble to reduce inventory overhang.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: Existing Home Sales, April

Few signs yet of the long-awaited increase in inventory.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: Retail Sales, April

On course for an outright decline in Q2, despite April bounce.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: Pending Home Sales, March

The rebound in home sales is hitting the buffers.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: New Home Sales, March

Homebuilders continue to slash prices to shift excess inventory.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: Existing Home Sales, March

Sales rose in Q1, but expect a reversal in Q2; a sustained recovery remains a long way off

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. Pending Home Sales, February

Sales will remain stuck at low levels until affordability improves dramatically.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. New Home Sales, February

Homebuilders continue to slash prices to shift excess supply.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. Existing Home Sales, February

A dramatic improvement in affordability is still needed before sales can recover.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. Retail Sales, February

Reversal of January spike in control sales delayed, not cancelled.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. Pending Home Sales, January

Weather and lower rates boosted sales; expect a drop in February

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. New Home Sales, January

New home sales boosted by a lack of existing home supply.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. Existing Home Sales, January

Sales have bottomed, but the downturn in prices will be the big story for housing in 2023.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. Retail Sales, January

January strength in in retail sales unlikely to last, autos excepted.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. Pending Home Sales, December

Downturn in home sales coming to an end, but sustained recovery is a long way off.

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. New Home Sales, December

The slump in new home prices has much further to run

Kieran Clancy (U.S. Economist)U.S.

PM Datanote: U.S. Existing Home Sales, December

The fall in prices will gather pace in the months ahead

Kieran Clancy (U.S. Economist)U.S.

  Publication Filters

Change View: List   Small Grid  

Filter by Keyword

Filter by Region

Filter by Publication Type

Filter by Date
(6 months only; older publications available on request)

  Quick Tag Filters
Consistently Right
Access Key Enabled Navigation
Keywords for: U.S. Documents

U.S. Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence