Japan May Household Spending Slumps on Volatile Factor of Mobile Vehicle Purchases, Financial Support
–Drop Also Due to Continued Shift to Lower Mobile Phone Plans; Spending on Traveling, Eating Out Remains Strong –Real Household Income Posts 8th Straight Y/Y Drop on Elevated Costs, Shorter Overtime Working Hours By Max Sato (MaceNews) – Japan’s real household spending fell more sharply than expected in May for a third straight decline on […]
ISM: US June Service Sector Activity in Expansion Territory for 6th Straight Month on Pickup in New Orders, Easing Inflation
–ISM’s Nieves: Firms Cautious About Inflation, Growth Outlook –Nieves: Expect Positive Growth in Services but Watch How Manufacturing Goes After Summer –Nieves: Employment Up but Remains a Mixed Bag By Max Sato (MaceNews) – Business activity in the U.S. service sector was in positive territory for the sixth straight month in June, with the […]