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Showing 21 - 30 of 51 results for "US Bureau"

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 ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
The US consumer is back...and with a vengeance. Retail sales rebounded by a higher than expected 0.6% in the month of March following three consecutive months of declines - 0.1% in December, -0.2% in January, -0.1% in February - that took the annual ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
Perhaps it's being drowned by the ongoing Trump/Xi "my tariff is bigger than yours" tit-for-tat, or the Trump/Stormy Daniels alleged dalliance, or the alleged Trump/FBI raid on the offices of Trump's personal lawyer, Michael Cohen... but whatever it ...

Chief economist update: No target sign on India's back

BENJAMIN ONG  |  MONDAY, 9 APR 2018
Trump and Xi's game of tariff poker goes on. Whether it's Trump's "art of the deal" tactic or a true blue (fallacious) plan to make "America Great Again," only Trump knows - problem is, China's Supremo isn't blinking. To be sure, the prospect of an ...

Chief economist update: Bad news is good news returns?

BENJAMIN ONG  |  THURSDAY, 15 FEB 2018
... jumped by 1.0%, the S&P 500 index by 1.3% and the Nasdaq Composite by 1.9% the day the music should have died when the US Bureau of Labor Statistics (BLS) confirmed that inflation was indeed lifting. Headline CPI inflation rose by 0.5% in the month of ...

Low inflation exporter

BENJAMIN ONG  |  TUESDAY, 11 JUL 2017
Recall those days when China was accused of exporting deflation to the rest of the world? The days when dirt cheap "Made in China" products were flooding the rest of the world (they still are). It was so prevalent that in January 2004, the US Federal ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 13 OCT 2016
... house prices continued to improve" with the "house price expectations' index up by 1.6% in October. US JOLTS report The US Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS) may lag the non-farm payrolls report but the latest ...

Data says not yet but what would Janet say?

BENJAMIN ONG  |  WEDNESDAY, 16 MAR 2016
There's a kind of hush in financial markets as focus turned to the Fed's FOMC meeting which started overnight. While the Fed is not expected to alter monetary policy at all at this month's meeting, there's a niggling sense of anticipation of what Janet's ...

Bad news day

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2015
... increasing "Republican-on-Republican violence." The last time the America closed for business was in October 1-16, 2013. The US Bureau of Economic Analysis (BEA) later estimated that the shutdown took around 0.3% off US fourth quarter real GDP. And that's ...

Are we there now?

BENJAMIN ONG  |  MONDAY, 8 DEC 2014
Yo momma! We're there now. The US Bureau of Labor Statictics' (BLS) latest update on America's employment situation - the momma of all eco stats - indicates that the economy is no longer mending, but that... it has mended. I refer not only to the much ...