<strong>Preview: Japan Q4 GDP Slight Rebound Seen Unrevised, Led by Consumption, Net Export Rise</strong>
–Sharp Drop in Private Inventories, Capex Pullback Behind Lackluster Q4 Growth –Consumption Solid on Eased Covid Rules, Travel Subsidies After Flat Growth in Q3 –Q4 Net Exports Rebound After Q3 Slump Caused by Surge in Service Payments –Q1 GDP Seen Supported by Consumption Amid Weaker Exports By Max Sato (MaceNews) – The slight rebound […]
<strong>White House and Other Schedules for Monday, March 6</strong>
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 DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, MARCH 6, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]
<strong>US February ISM Manufacturing in Contraction for 4th Straight Month on Lower Output as Firms Prepare for Later Pickup</strong>
–ISM’s Fiore: Sector on Road to Recovery; New Orders in Contraction but Up from January–Fiore: Firms Largely Keeping Headcounts to Prepare for Recovery in 2nd Half–Fiore: Prices Subindex Above 50 for 1st Time in 5 Months, Indicating Increasing Costs–Fiore: February Data Positive for Demand, Growth, Not So Positive for Bringing Inflation Down By Max Sato […]
<strong>White House and Other Schedules for Wednesday, March 1</strong>
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, MARCH 1, 2023 In the morning, the President will deliver remarks on his nomination of Julie Su to serve as the Secretary […]
<strong>Japan January Industrial Output Slumps on Parts Shortages, Global Economic Slowdown</strong>
–METI Survey: Output Likely to Post Modest Gains in February, March; Not Strong Enough to Offset January Dip–METI Keeps View After Recent Downgrade: Output Has Weakened–METI Repeats: To Watch Effects of a Rise in Covid Cases, Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production slumped at a faster pace than forecast in […]
<strong>Japan Govt Keeps View on Gradual Economic Pickup After Its 1st Downgrade of Overview in 11 Months on Global Slowdown </strong>
By Max Sato (MaceNews) – Japan’s government Tuesday maintained its economic assessment that the current gradual pickup is still intact after downgrading it for the first time in 11 months in January amid weaker global demand, according to its monthly report released by the Cabinet Office. In its February report, the government said the economy […]
<strong>Japan December Machine Orders Rebound After November Slump; Q1 Seen Up After Q4 Drop</strong>
–Govt Keeps View After Recent Downgrade: Machine Orders Pausing By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, posted a modest rebound in December in reaction to a plunge in November as capex plans for digitization and green transformation remain solid for fiscal 2022 ending in March, […]
<strong>White House and Other Schedules for Wednesday, Feb 15</strong>
WASHINGTON (MaceNews) – The following are Wednesday’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 WEDNESDAY, FEBRUARY 15, 2023 In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting in […]
<strong>ISM: US January Service Sector Activity Rebounds on New Orders Due to Some Carryover from 2022</strong>
–ISM’s Nieves: Service Index a Little Bit Ahead of Its Time: Post-Holiday Pickup Usually Comes in Late January to Early February –Nieves: Employment Flat as Some Firms Cut Jobs While Others Still Trying to Fill Vacancies By Max Sato (MaceNews) – Business activity in the U.S. service sector bounced back into growth territory at the start […]
<strong>US January ISM Manufacturing Remains in Contraction on Lower New Orders, Output</strong>
–ISM’s Fiore: May Have Turned Corner on Soft Orders; Expect Pickup in 2nd Half of 2023 –Fiore: Firms Keeping Headcounts to Prepare for Recovery in 2nd Half –Fiore: Manufacturing Relies on Domestic Demand but Firmer China Demand Positive By Max Sato (MaceNews) – U.S. manufacturing activity was in contraction territory for the third straight month […]