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28th Mar 2024 10:38US, Daily Monitor

  • The JOLTS quit rate flagged the surge in wages during the Great Rehiring. It now points to a sharp slowdown. 
  • Vehicle sales were probably little changed in March, suggesting a drag on Q1 consumption growth. 
  • A nascent recovery in manufacturing is finding its feet, but core goods prices look set to continue falling.

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Keywords for: April 2 2024 US Monitor

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