JAPAN FACTORY OUTPUT POSTS 2ND STRAIGHT M/M SLIDE IN DEC BUT KEEPS Q/Q RISE
By Max Sato (MaceNews) – Japan’s industrial production slipped for the second straight month in December as the auto industry, which had led the recent pickup in overall output, took a breather amid the pandemic, while production of turbines and laptops lost some steam after recent gains, preliminary data released Friday by the Ministry of […]
JAPAN FACTORY OUTPUT PICKUP PAUSES IN NOV, SHIPMENTS SLIP, AMID PANDEMIC UNCERTAINTY
By Max Sato (MaceNews) – Japan’s industrial production marked time in November in its gradual recovery from the pandemic-caused slump after five straight monthly gains, with the level of output staying under year-earlier levels amid uncertainty over global growth, preliminary data released Monday by the Ministry of Economy, Trade and Industry showed. While noting factory […]
JAPAN OCT FACTORY OUTPUT POSTS 5TH STRAIGHT M/M RISE, REMAINS ON PICKUP TREND
By Max Sato (MaceNews) – Japan’s industrial production continued chugging along in October for the fifth consecutive monthly rise, recovering much of the pandemic-triggered slump as solid demand for general machinery and automobiles more than offset lower output of electronic parts and devices, preliminary data released Monday by the Ministry of Economy, Trade and Industry […]
DATA FLASH: RETAIL SALES GROWTH SLOWS, UP 0.3% IN OCTOBER
–Retail Sales Ex-Motor Vehicles Rise Only 0.3%; Clothing Sales Reverse–Industrial Production Jumps By 1.1% as Utilities Production Rebounds–Business Inventories Up 0.7% in September, Business Sales Up 0.6% By Kevin Kastner WASHINGTON (MaceNews) – Retail sales rose only modestly in October, a much smaller increase than in previous months, the Commerce Department reported Tuesday. Total retail […]
EUROZONE OCTOBER MANUFACTURING PMIS HIT TWO-YEAR HIGH
–Germany Accounts For Much Of Rise By Laurie Laird LONDON (MaceNews) — Business activity at European factories accelerated to a more than two-year high in October, according to purchasing managers’ indexes released by IHS Markit on Monday, confirming the European Central Bank’s forecast of continuing industrial strength. The Eurozone manufacturing PMI jumped to 54.8 last […]
STATUS CHECK – GUESS WHICH CAMPAIGN FRIDAY CHANTED ‘CNN SUCKS’
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · President Trump’s campaign Friday night marched on, in Macon, Georgia. Pool reporter Rob Crilly who works for the Washington Examiner, described the scene: “It was dark by the time POTUS took the stage […]
DATA FLASH: RETAIL SALES SURGE, UP 1.9% IN OCTOBER
–Retail Sales Ex-Vehicles Rise 1.5% On Widespread Gains–Industrial Production Falls 0.6% On Utilities/Manufacturing, Mining Up–University of Michigan Sentiment Rose to 81.2 in Early-October–Business Inventories Up 0.3% in August, Business Sales Up 0.6% By Kevin Kastner WASHINGTON (MaceNews) – Retail sales rose for the fifth straight month in September, with gains in almost every sales category […]
STATUS CHECK: SIGNALS SENT, WITH SIGNINGS – AND ROCKETS
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes A lot of signaling embedded in the day’s news, starting with the signing of three documents at the White House, formally committing Bahrain, the UAE and Israel to open embassies in each other’s […]
DATA FLASH: US INDUSTRIAL PRODUCTION SUGGEST RECOVERY SLOWING
–Industrial Production Up Only 0.4%, Motor Vehicle Production Falls 3.7%–Manufacturing Production Up 1.0%, Rises 1.4% Excluding Motor Vehicles–Utilities Production Fall By 0.4%, Mining Drops 2.5% After Two Gains–Empire State Index Rises to 17.0 in September from 3.7 in August By Kevin Kastner WASHINGTON (MaceNews) – Industrial production posted another gain in August, continuing the string […]
STATUS CHECK: THEN AND NOW, A DAY THAT SHOWS AMERICA TO ITSELF
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Friday night and another typical week passes into history, but not before President Trump compared himself to Winston Churchill. He said he was not lying. He was advising the country to, “Keep calm […]