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20th Nov 2023 09:26US, Daily Monitor

  • The Homebase small business employment data point to a hefty rebound in November payrolls...
  • ...But the margin of error in all payroll forecasts is huge; the seasonals are an intractable problem.
  • No bottom yet for existing home sales, but supply is edging up, and valuations are falling as incomes rise.

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Keywords for: 21 November 2023 US Monitor

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