DATA FLASH: US INDUSTRIAL PRODUCTION SUGGEST RECOVERY SLOWING
–Industrial Production Up Only 0.4%, Motor Vehicle Production Falls 3.7%–Manufacturing Production Up 1.0%, Rises 1.4% Excluding Motor Vehicles–Utilities Production Fall By 0.4%, Mining Drops 2.5% After Two Gains–Empire State Index Rises to 17.0 in September from 3.7 in August By Kevin Kastner WASHINGTON (MaceNews) – Industrial production posted another gain in August, continuing the string […]
STATUS CHECK: ALL THE NEWS THAT FITS, REGARDLESS
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes The beginning of the week and instead of a nice orderly prioritization of the day’s key events, a mélange of the sometimes sober, sometimes hard to believe, sometimes truly absurd happenings that were […]
STATUS CHECK: THEN AND NOW, A DAY THAT SHOWS AMERICA TO ITSELF
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Friday night and another typical week passes into history, but not before President Trump compared himself to Winston Churchill. He said he was not lying. He was advising the country to, “Keep calm […]
DATA PREVIEW: IS IT TOO EARLY TO CARE ABOUT 2023?
By Kevin Kastner WASHINGTON (MaceNews) – The upcoming week’s key events are concentrated into the middle of the week, with Wednesday’s FOMC meeting the highlight. While it is doubtful that the meeting will produce anything earth-shattering, it should confirm the shift in attention toward improving the employment situation and supporting the economic recovery rather than […]
DATA FLASH: US AUGUST CPI RISE 0.4% ON SOLID CORE READING
–Core Prices Up 0.4%; Ex. Only Energy, CPI Still Up 0.3%.–Energy Prices Up 0.9%, Food Prices Up 0.1% By Kevin Kastner WASHINGTON (MaceNews) – The August consumer price data were stronger than expected, but still rose at a slower pace than in recent months. Headline CPI rose by 0.4% in August based on data released […]
STATUS CHECK: ‘I WANT TO SHOW STRENGTH AS A LEADER’
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Another MAGA rally, this one in Freeland, Mich. Thursday night, well attended. Familiar themes, cheers of “Four more years,” and very few masks. September 15’s “Burn Your Mask” day is still on. Earlier […]
DATA FLASH: US AUGUST PPI UP 0.3%; FOOD AND ENERGY DOWN
–Prices Ex. Food and Energy Rose 0.4%; Up 0.3% Excluding Trade Services as Well–Energy Prices Fall 0.1% After Two Gains; Gasoline Prices Down 1.4%–Food Prices Down 0.4%, Continuing Downward Trend–Initial Jobless Claims Unchanged at 884,000 in the August 5 Week By Kevin Kastner WASHINGTON (MaceNews) – U.S. business prices rose by 0.3% in August, as […]
STATUS CHECK: “I SAID, ‘DON’T PANIC'”
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: You’ve heard the recordings, read the excerpts. What’s more to say? So skipping ahead, of course once The Washington Post’s Web site unveiled the excerpts of Bob Woodward’s latest book “Rage,” complete with […]
TEXT: BANK OF CANADA LEAVES KEY RATE UNCHANGED
NEW YORK (MaceNews) – The following is the text of Wednesday’s Bank of Canada rate policy decision: The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative […]
STATUS CHECK: PANDEMIC LIFE RESUMES AFTER HOLIDAY
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: · Tuesday and life resumes such as it is, with the Labor Day holiday weekend a memory, a brief respite from what has become a cautious existence behind masks, closed doors, filling the […]