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2nd Apr 2024 17:39US, Daily Monitor

  • The plunge in ISM services prices paid to a four-year low points to much slower core services inflation. 
  • Light vehicle sales slumped in Q1, dragging on overall consumption growth.
  • Initial jobless claims likely rose modestly last week, but a sharp increase is likely in the coming months.

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Keywords for: 4 April 2024 US Monitor

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