Pantheon Macroeconomics

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18th Mar 2022 00:20U.S., Daily Monitor

  • Our interpretation of the Homebase data suggests payroll growth stalled in March
  • …This might be nothing more than a blip, or Homebase could be wrong; but it's not what we expected.
  • Auction data show the drop in used vehicle prices is accelerating; downside risk for existing home sales.

cpi electronics employment household electronics ism January job growth June labor manufacturing March mortgage mortgage applications nfib survey oil oil prices payroll payroll growth payrolls pending sales index private payrolls russia vehicles weather

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Keywords for: Homebase Data Signal Weak March Payrolls, Despite Recent Strength

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