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Showing 91 - 100 of 631 results for "September quarter"

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
US economic growth has slowed in the final quarter of 2018. US economic growth continues to accelerate in the last quarter of 2018. Both are correct statements. It only depends what measurement of US GDP growth rate is used. The US Bureau of Economic ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
Japanese officials and investors must be wiping the sweats from their foreheads after the Cabinet Office released its latest National Accounts report and showed the country dodged a recession. Japanese GDP grew 0.3% in the December 2018 quarter following ...

Chief economist update: Is the US about to join the global slowdown club?

BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
... predicted only a week before and a sharper deceleration from the 3.4% annualised growth rate recorded in the September quarter Some publications put the shocking drop in retail spending as due to the record 35-day US government shutdown. But nah. The ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... does "the economy wants to grow faster than it currently is," it's slowing (from 3.1% in the year to the September quarter to 2.8% in the December quarter). Indications from more recent activity data - business conditions and confidence, consumer ...

Chief economist update: disUnited Kingdom

BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
... referendum. UK GDP growth has slowed only slightly from 1.7% in the year to the June quarter of 2016 to 1.5% in the September quarter of 2018 (latest available); the unemployment rate is at 4.1% (only a smidgen above the 43-year low of 4%); and, inflation ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... Japan's economy would rebound from the 2.5% (annualised quarterly growth rate) contraction in GDP recorded in the September quarter of last year. For one, the BOJ's quarterly regional economic survey showed all nine regions reporting expansion/recovery ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... year to the third quarter of 2018, up from 2.9% in the previous quarter and the fastest growth rate since the September quarter of 2009 (3.2%). The US labour market remains solid, punctuated by the surprisingly stronger-than-expected 312K jump in non-farm ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... asset prices have declined." "Growth in household income low." While wages increased by 2.3% in the year to the September quarter (from 2.1% in the second) - this represents just half of the 4% average growth rate during the boom years preceding the ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... the domestic economy. The disappointing National Accounts - where GDP slowed to an annual rate of 2.8% in the September quarter (from 3.1% in the previous one) - bears this out with exports contributing zilch to third quarter GDP. Sure, the contribution ...

Chief economist update: Bottom line slows down

BENJAMIN ONG  |  TUESDAY, 4 DEC 2018
... report shows that the seasonally adjusted estimate of total company gross operating profits eased to 1.9% in the September quarter from 2.4% in the June quarter and 6.3% in the three-month period before that. The details of the report show that the slowing ...