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13th May 2024 14:15USDaily Monitor

  • The consensus forecast for a 0.2% rise in the April core PPI is well-grounded, but big surprises are common.
  • Tight credit is weighing heavily on small businesses; we expect another dip in the NFIB survey in April.
  • NY Fed data suggest consumers are becoming more worried about job losses, pointing to higher layoffs.

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Keywords for: 14 May 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence