Pantheon Macroeconomics

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12th May 2023 15:03U.S., Daily Monitor

  • The initial Homebase data for the May payroll survey week point to a modest 100K gain in private jobs.
  • April retail sales likely beat consensus forecasts, but the rebound will prove unsustainable.
  • The plunge in the Empire State inventory index is an ominous sign of a working capital squeeze on firms.

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Keywords for: 16 May 2023 US Monitor

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