UPDATE – US July ISM Manufacturing Growth Slows on Softer New Orders; ISM Sees No Recession
–ISM: Labor Shortages, Supply Constraints Continue Weighing on Sector –ISM’s Fiore: No Change to View US Recession Not Looming in Manufacturing –ISM’s Fiore: Plunge in Prices Index Due to Weaker China Demand, Lower Energy Costs By Max Sato (MaceNews) – U.S. manufacturing activity growth slowed marginally in July from June, remaining at the lowest rate […]
White House and Other Schedules for Monday, Aug 1
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, AUGUST 1, 2022In the morning, the President will receive the President’s Daily Brief virtually. This meeting will be closed press. In-Town Pool Wires: […]
Japan June Jobless Rate Unchanged; Job Growth Continues Rising on Year
–Numbers of Lost Jobs, People Looking for Other Openings Both Drop in June –June Unemployment at 2.6% After Ticking Up from April’s 2-Year Low 2.5% By Max Sato (MaceNews) – Japanese payrolls posted the third straight increase from year-earlier levels in June as Covid restrictions were eased in late March, while the unemployment rate was […]
White House and Other Schedules for Thursday, July 28
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JULY 28, 2022In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the President […]
Japan Government Upgrades View: Consumption, Jobs Leading Gradual Economic Pickup
By Max Sato (MaceNews) – Japan’s government Tuesday upgraded its economic overview for the first time in three months in July as consumption is on a clearer pickup path, led by job creation and pent-up demand, but real wages are falling amid rising inflation and the weaker yen is eroding purchasing power, according to its […]
White House and Other Schedules for Thursday, July 14
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: Thursday, July 14, 2022 In the morning, the President will participate in a bilateral meeting with Prime Minister Yair Lapid of Israel. This meeting will be […]
FED’S BEIGE BK: ‘CONCERNS OVER AN INCREASED RISK OF RECESSION’
WASHINGTON (MaceNews) – The normally bland Beige Book survey of economic activity coast-to-coast included some dark clouds of pessimism in its latest iteration Wednesday, seeing increased risks of recession and “growing signs of a slowdown in demand.” The survey, for review at the next Federal Open Market Committee meeting toward the end of the month, […]
White House and Other Schedules for Friday, July 8
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JULY 8, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]
White House and Other Schedules for Thursday, July 7
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JULY 7, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting in the […]
ISM: US June Service Sector Growth Continues but Slowest in 2 Years Amid Labor Shortages, Supply Delays, Inflation 
–ISM’s Nieves: Rising Inflation Hurting Demand in Retail Trade –ISM: Supply Chain Constraints Keeping Firms from Replenishing Inventories –ISM: Employment in Contraction Mainly Due to Limited Labor Pool By Max Sato (MaceNews) – US service sector growth slowed for the third straight month to the lowest rate in about two years as supply bottlenecks […]