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Showing 11 - 20 of 50 results for "US Bureau"

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
Talk about perfect timing. The US Bureau of Labor Statistics' (BLS) disappointing update on the state of employment in America couldn't have come at a more opportune time - the time when fresh president of the US, Joe Biden, is bidding the Congress ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
The US has reversed its biggest economic contraction in history with the sharpest recovery on record. The US Bureau of Economic Analysis (BEA) reported that the country's GDP increased at annualised rate of 33.1% in the September 2020 quarter following ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
The US labour market continues to get betterer and betterer. The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.37 million in August - in line with market expectations and marked the fourth straight month of increase ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
There's good news and bad news in the US labour market report for July. First, the good news: The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.8 million in July - more than market expectations for an increase ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
... coronavirus that's still doing its rounds around the world and... assuming that that 9.5% is the number by which the US Bureau of Economic Analysis (BEA) normally and traditionally reports the economy's scorecard - annualising the quarter on ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... 'the wall' - S&P 500 up 1.7%; DJIA up 1.9%; Nasdaq up 1.6%; Russell 2000 up 3.6% -- on the same day that the US Bureau of Labour Statistics (BLS) released actual non-farm payrolls numbers, underscoring the bother Uncle Sam finds itself in. The ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
... 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 Analysis' (BEA) uses the "annualised growth rate" to measure changes in the economy - the quarterly growth ...

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

BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
US consumers aren't shopping till they drop. They dropped spending. The US Census Bureau's latest update on retail spending - which constitutes the bulk of household spending that, in turn, accounts for about 70% of the US economy - showed that ...

Chief economist update: Blame the US economy for the widening trade gap

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
From "fake news", US President Donald Trump might label the Census Bureau's numbers on "International Trade in Goods" as "fake stats". It refutes his claim in March that "trade wars are good, and easy to win." The report shows America's balance ...

Chief economist update: Talking trade tariffs

BENJAMIN ONG  |  FRIDAY, 4 MAY 2018
... show that America's external account is improving and this could help temper tensions between the opposing sides. The US Bureau of Economic Analysis (BEA) reports that the US trade deficit narrowed to US$49 billion in March from US$57.7 billion in the ...