Japan November Retail Sales Y/Y Rise Picks Up on Solid Demand for Vehicles, Appliances

–METI Keeps View: Retail Sales on Gradual Uptrend –High Prices for Food, Beverages Supporting Overall Retail Sales –Department Store Sales Up on Winter Clothing, Strong Inbound Spending By Max Sato (MaceNews) – Japanese retail sales continued to post a solid gain on the year in November, up 5.3%, backed by solid demand for vehicles and […]

Japan November Jobless Rate Unchanged at 2.5% After Improving for 2nd Straight Month in October

–Higher Job Losses, Retirements on Month Offset by Fewer Quits for Other Openings, Flat New Job Seekers –Employment Up on Year for 16th Straight Month; Surge Led by Rebound in Manufacturing, Medical/Welfare Services –Hotels, Restaurants Continue Hiring Workers; Construction Jobs Down for 2nd Straight Month After Recent Gains –Number of Unemployed Posts 1st Year-on-Year Rise […]

White House and Other Schedules for Monday, Dec 25

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 FOR MONDAY, DECEMBER 25, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]

White House and Other Schedules for Monday, Dec 18

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 FOR MONDAY, DECEMBER 18, 2023    In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]

Japan October Core Machine Orders Post 2nd Straight M/M Rise on Persistent Digitization Demand but Computer Orders Mixed After Recent Gains

–Core Orders Mark 8th Straight Y/Y Drop Despite Solid FY23 Capex Plans –Cabinet Office Keeps View: Machine Orders Pausing By Max Sato (MaceNews) – Japanese core machinery orders, the key leading indicator of business investment in equipment, unexpectedly posted a second straight monthly gain in October, up 0.7%, after rebounding an above-forecast 1.4% in September […]

BOJ December Quarter Tankan: Major Manufacturers’ Sentiment Posts 3rd Straight Rise on Improved Supply Chains but Outlook Cautious on High Costs, Labor Shortages

–Major Non-Manufacturers’ Confidence Up for 7th Straight Quarter –Many Sectors Expect Pullback in March in Payback for Recent Improvement –Large Firms’ Combined Fiscal 2023 Capex Plans Revised Down Only Slightly; Small Firms Raise Theirs Further By Max Sato (MaceNews) – Confidence among manufacturers and non-manufacturers in Japan all picked up more than expected in December […]