<strong>Japan October Retail Sales Keep Solid Y/Y Gain on Eased Covid Rules; Nearly Flat M/M on Price Hikes </strong>

–METI Keeps View After Recent Upgrade: Retail Sales Picking Up –Department Store Sales on Recovery Track but Still Below Pre-Pandemic Levels –Demand for Cosmetics, Drugs Remains Strong; Auto Sales Picking Up  By Max Sato (MaceNews) – Japanese retail sales posted their eighth straight year-on-year increase in October, led by wide-ranging price hikes, but lower Covid […]

White House and Other Schedules for Wednesday, Nov 16

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. data and Federal Reserve events:  COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, NOVEMBER 16, 2022 – THURSDAY, NOVEMBER 17, 2022  Wednesday, November 16, 2022 In the morning, the President will participate in […]

Fed’s Beige Book Survey Finds Mixed Signals As Economy Keeps Expanding ‘Modestly’

WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic conditions coast to coast Wednesday picked up a continuing modest expansion with ripples of softening prices and wage growth amid some signs of weakening demand. The wavering of some important indicators suggested a transition under way as rising interest rates recalibrate consumption and moderate […]

White House and Other Schedules for Friday, Oct 14

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. data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, OCTOBER 14, 2022  In the afternoon, the President will depart Los Angeles, California en route Orange County, California. The departure from Los […]

Japan August Household Spending Up Y/Y But Slumps M/M on 7th Wave of Pandemic

–Spending on Traveling, Dining Remain Above 2021 When Covid State of Emergency Was in Place –Spending Down M/M Amid Record Covid Cases Hit Many Regions from Late July –Real Household Income Falls For 5th Straight Month on Rising Cost of Living By Max Sato (MaceNews) – Japan’s real household spending posted the third straight year-on-year […]

Japan July Retail Sales Mark 5th Straight Y/Y Gain on High Fuel Prices, Hot Weather 

–METI Repeats Retail Sales Picking Up Gradually Despite Another Covid Spike–Department Store Sales Continue Recovering on Eased Covid Rules–Auto Sales Remain Weak but Pace of Y/Y Drop Slowing Amid Easing Supply Constraints By Max Sato (MaceNews) – Japanese retail sales posted the fifth year-on-year rise in July, led by high fuel prices and demand for […]

White House and Other Schedules for Wednesday, Aug 17

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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, AUGUST 17, 2022  The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr […]

Preview: Japan Q2 GDP Rebound Seen on Eased Covid Rules but China Lockdown Limiting Gain

–People Dining Out, Traveling More Since Restrictions Lifted in Late March –Capex Seen Making Up for Q1 Drop on Solid Digitization, Greener Energy Demand –Q3 GDP Growth Sees Headwinds: Domestic Covid Spike, Slower Global Growth  By Max Sato (MaceNews) – Japan’s gross domestic product for the April-June quarter is forecast by economists to post a […]