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15th Apr 2024 10:54US, Daily Monitor

  • Homebase data point to a mere 120K rise in private payrolls in April, but the range of possible prints is wide.
  • Strong March retail sales and upward revisions mean Q1 consumption likely rose by more than 3%.
  • The early Easter likely depressed housing starts in March, offsetting support from further mild weather.

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Keywords for: 16 April 2024 US Monitor

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