Pantheon Macroeconomics

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18th Apr 2023 15:47U.S., Daily Monitor

  • Adjusting the payroll numbers to take account of weather effects is a deeply imprecise exercise.
  • The trend in payrolls is what matters; weather effects tend not to linger more than a few months.
  • The worst is over for homebuilders, but a real recovery is still some way off.

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Keywords for: 19 Apr 2023 US Monitor

payroll, payroll numbers, payrolls, us, weather, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence