Fed’s Beige Book Survey Finds Little Additional Momentum as National Economy Generally Retains Status Quo
–Five Districts Fine Price Increases ‘Subsided’ WASHINGTON (MaceNews) – The Federal Reserve’s survey of economic activity coast-to-coast Wednesday saw little significant change in the past six weeks although consumers met or exceeded expectations and some retailers were finding their profit margins squeezed by consumer sensitivity to higher prices. The survey, to be among the data […]
ISM: US Services Sector Expands for 12th Month in December but Growth Slows on Seasonal Drop in Hiring, Economic Uncertainty, Geopolitical Risks
–ISM Services Index Falls to 7-Month Low of 50.6 from 52.7 in November –ISM’s Nieves: Employment Picture Hasn’t Changed Much –Nieves: Services Sector Expected to Be on Growth Path in 2024 By Max Sato (MaceNews) – Business activity in the U.S. services sector managed to expand for the 12th straight month in December but the […]
White House and Other Schedules for Friday, Jan 5
WASHINGTON (MaceNews) – The following are Friday 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, JANUARY 5, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
US December ISM Manufacturing in Contraction for 14th Straight Month but Production is Stable Amid Weak Demand
–ISM Manufacturing Index 47.4 Vs. 46.7 in November –ISM’s Fiore: Main Index Likely to Rise Above Neutral Line of 50 in March–Fiore: 2023 Ended in Trough but in ‘Very Good Note’ on Positive Outlook –Fiore Sees a Spike in New Orders, Rebound in Inventories in Coming Months –Fiore: Reble Attacks on Ships in Red Sea ‘Not […]
White House and Other Schedules for Wednesday, Jan 3
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, JANUARY 3, 2024 In the afternoon, the President will receive the President’s Daily Brief. This meeting in the Oval […]
White House and Other Schedules for Tuesday, Jan 2
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, JANUARY 2, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan November Industrial Production Posts 1st Drop in 3 Months in Payback for Recent Gains in Autos, General Machines, Lower Orders for Electronic Equipment
–METI Survey: Output Likely to Post Solid Rebound in December, Drop Sharply in January –METI Official: Impact of Production Halt by Automaker Daihatsu Over Its Safety Test Scandal May Be Widespread–METI Keeps View: Output Taking One Step Forward, One Step Back –METI Repeats: To Watch Effects of Downside Risks to Global Growth, Rise in Inflation […]
White House and Other Schedules for Tuesday, Dec 26
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, DECEMBER 26, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
White House and Other Schedules for Friday, Dec 22
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: GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, DECEMBER 22, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
ISM Semiannual Survey: US Economy to Continue Picking Up in 2024 as Fed Rate Cut Forecast Seen Easing Concerns
By Max Sato (MaceNews) – The U.S. economy is expected to continue improving in 2024 on expectations that it will avoid recession while inflation and borrowing costs will ease, according to the twice-annual survey by the Institute for Supply Management released Friday. “Manufacturing’s purchasing and supply executives expect to see overall growth in 2024,” Timothy […]