Japan Q1 GDP Drop Smaller Than Initially Estimated on Capex, Govt Spending

By Max Sato (MaceNews) – Japan’s economy marked the first quarter-on-quarter contraction in three quarters in January-March, but the decline was slower than previously reported as the drops in business and government investment were slightly smaller than initially estimated, Cabinet Office data released Tuesday showed. In revised Q1 GDP data, consumer spending was revised down […]

US Bureau of Economic Analysis 1Q Revision Technical Notes

WASHINGTON (MaceNews) – The following is the text of the Bureau of Economic Analysis technical notes that explain changes made in the first revision of the US first-quarter GDP report published Thursday as well as the first publication of the change in corporate profits: Gross Domestic Product, First Quarter 2021 (Second Estimate) Corporate Profits, First […]

Japan Government Downgrades View on Economy As Q1 Consumption Slumps

— Japan Sees Overseas Economies Picking Up; Upgrades Britain, Others By Max Sato (MaceNews) – Japan’s government Wednesday downgraded its view on the domestic economy for the first time in three months, saying the weakness in some spots is more pronounced while the economy stays on course toward a recovery from pandemic-caused slump, according to […]

Monday’s Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Monday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events; The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, MAY 24, 2021  In the morning, the President and the Vice President will receive the President’s Daily Brief. […]

US Data Preview: New Home Sales, Revised GDP/Personal Income, Durables Orders … and FOMO

WASHINGTON (MaceNews) – In the cryptos – fear, uncertainty and doubt. For U.S. stocks, hit “resume” already and stay there.  For that U.S. 10-year yield, is it still under 1.65%? The fifth month of this recovery year is almost over and still things feel tentative. The reopenings are becoming universal and the return-to-the-office notices are […]

US 1Q GDP Technical Note – Breakdown of Key Elements

WASHINGTON (MaceNews) – The following is the text of the U.S. Bureau of Economic Analysis technical note on the elements of the first quarter advance GDP report published Thursday: Gross Domestic Product, First Quarter 2021 (Advance Estimate)April 29, 2021 This technical note provides background information about the source data and estimating methods used to produce […]

Tuesday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, APRIL 27, 2021  In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting […]

Monday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and federal reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, APRIL 26, 2021  In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting […]

Saturday/Sunday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are the schedules for Saturday and Sunday for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, APRIL 24, 2021 AND SUNDAY, APRIL 25, 2021  On Saturday morning, the President and the […]

Thursday Washington Schedules From MaceNews

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, MARCH 25, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]