Japan June Household Spending Posts 4th Straight Y/Y Drop but Rebounds M/M Amid Recovering Auto Sales
–Drop Also Due to Continued Shift to Lower-Cost Mobile Phone Plans; Traveling, Eating Out Remain Strong –Real Household Income Posts 9th Straight Y/Y Drop on Elevated Costs By Max Sato (MaceNews) – Japan’s real household spending posted its fourth straight decline on the year in June as mobile phone users continued seeking discount plans and […]
Japan June Retail Sales Y/Y Rise Continue to Be Led by Autos amid Improved Supply Chains, Recovering Department Stores
–METI Keeps View: Retail Sales on Gradual Uptrend –Demand for Cosmetics, Drugs Remains Solid; Sales of Appliances Stay Sluggish By Max Sato (MaceNews) – Japanese retail sales posted their 16th straight year-over-year increase in June, thanks to strong demand for automobiles amid improving supply chains, recovering department stores and higher prices for food and beverages, […]
White House and Other Schedules for Friday. July 21
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: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, JULY 21, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
White House and Other Schedules for Tuesday, July 18
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, JULY 18, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Japan May Retail Sales Y/Y Rise Led by Autos amid Improved Supply Chains, Recovering Department Stores
–METI Keeps View: Retail Sales on Gradual Uptrend –Demand for Cosmetics, Drugs Remains Solid; Sales of Appliances Stay Sluggish By Max Sato (MaceNews) – Japanese retail sales posted their 15th straight year-over-year increase in May, thanks to faster deliveries of automobiles, gradually recovering department store sales and higher prices for food and beverages, mitigating the […]
White House and Other Schedules for Thursday, June 15
WASHINGTON (MaceNews) – The following are Thursday’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 THURSDAY, JUNE 15, 2023 In the morning, the President will receive the President’s Daily Briefing. This meeting will be closed […]
Japan April Retail Sales Up on Year Led by Department Stores, Autos but at Slower Pace; Down on Month
–METI Keeps View: Retail Sales on Gradual Uptrend; 3-Month Moving Average Still Up on Month –Department Store Sales on Recovery Track, Auto Sales Improving Further –Demand for Cosmetics, Drugs Remains Solid; Sales of Appliances Stay Sluggish By Max Sato (MaceNews) – Japanese retail sales posted their 14th straight year-over-year increase in April amid a continued […]
White House and Other Schedules for Tuesday, May 16
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, MAY 16, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
ISM: US April Service Sector Activity in Expansion Territory for 4th Straight Month on Slight Uptick in New Orders
–ISM’s Nieves: Employment Remains a Mixed Bag; Some Cutting Jobs, Others Struggling to Find Workers –Nieves: Firms Mostly Positive but Preparing for Headwinds; Expect Clearer Outlook in May 8 Release of Semi-Annual Survey –Nieves: Business Activity May Rise in May After Slowing in April By Max Sato (MaceNews) – Business activity in the U.S. […]
Japan’s Government Continues to See Gradual Economic Pickup, Upgrades View on China for 2nd Straight Month
By Max Sato (MaceNews) – Japan’s government Tuesday maintained its overall economic assessment that the gradual pickup will continue as widely eased Covid public health rules are seen propping up domestic consumer spending amid slowing global demand, according to its monthly report released by the Cabinet Office. The Japanese economy is showing resilience, thanks to […]