Japan May Industrial Production Slips as Parts Shortages Hit Auto Industry Again After Recent Pickup; Output Rebounds on Year
–METI Survey: Output Likely to Post Solid Gain in June, Slight Dip in July –METI Keeps View After Upgrade for March Data: Output Showing Gradual Pickup –METI Repeats: To Watch Effects of Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production posted its first drop in four months in May as automobile output […]
White House and Other Schedules for Friday, June 23
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, JUNE 23, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, […]
Japan Govt Keeps View on Moderate Economic Recovery After Last Month’s Upgrade, Sees Improving Labor Market
By Max Sato (MaceNews) – Japan’s government Thursday maintained its overall assessment in June after upgrading it for the first time in 10 months in May, saying the economy is recovering moderately thanks to resilient consumer spending and business investment despite high costs and global uncertainties, according to its monthly report released by the Cabinet […]
White House and Other Schedules for Monday, June 5
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 5, 2023In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
US May ISM Manufacturing in Contraction for 7th Straight Month as New Orders Plunge on Uncertainty Over Timing of Recovery
–ISM’s Fiore Still Sees Main Index in 47 to 51 Range; Revenues Remain Strong but Future is Very Cloudy–Fiore Repeats: Firms Managing Output to Prepare for Pickup in Late Summer, Early Fall –Fiore: Comments from Some Firms Show There is Concern About Recession in 2024 By Max Sato (MaceNews) – U.S. manufacturing activity was in […]
Japan April Industrial Output Dips Unexpectedly on Weaker Demand for Production Equipment amid Global Slowdown
–METI Survey: Output Likely to Post 2nd Straight Dorp in May, Rise in June –METI Keeps View After Last Month’s Upgrade: Output Showing Gradual Pickup –METI Repeats: To Watch Effects of Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production unexpectedly fell on the month for the first drop in three months, hit […]
Japan March Machine Orders Down for 2nd Straight Month, Q1 Up; Q2 Seen Rising Faster Amid Solid Capex Demand
–Machine Orders Seen +4.6% in Q2 Vs. +2.6% in Q1, Led by Strong Demand from Non-Manufacturers –Cabinet Office Keeps View: Machine Orders Pausing By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, came in much weaker than expected in March, posting drops on the month and year, […]
White House and Other Schedules for Tuesday, May 16
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, MAY 16, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
US April ISM Manufacturing in Contraction for 6th Straight Month as New Orders Remain Sluggish Amid Uncertainty
–ISM’s Fiore: Main Index in 47 to 51 Range, Don’t See Any Change in Near Term –Fiore: Output Side Positive, Input Side Weak; Future Is Uncertain –Fiore: Firms Managing Output to Prepare for Pickup in Late Summer, Early Fall –Fiore: Customers Inventories at Low End of ‘Too High’ By Max Sato (MaceNews) – U.S. manufacturing […]
Japan’s Economy Shows Some Resilience in March Data Amid Slowing Global Growth; Inflation Hurts Purchasing Power
–Industrial Output Posts 2nd Straight Rise on Month, Prompting METI to Upgrade its View –Retail Sales Up on Recovery at Department Stores, Demand for Autos –Payroll Growth Continues but Unemployment Rate Rises Unexpectedly –April Tokyo CPI, Leading Indicator of National Data, Accelerates at Fast Pace By Max Sato (MaceNews) – Japan’s manufacturing sector is weathering […]