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17th Oct 2023 18:27U.S., Daily Monitor

  • Homebase signals only a 100K increase in private payrolls in October.
  • Residential investment will boost Q3 GDP growth, following earlier gains in starts, but it won’t last.
  • Used vehicle prices falling again at auction; the summer bump has reversed, despite the UAW strike.

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Keywords for: 19 October 2023 US Monitor

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