Japan July Household Spending Posts 5th Straight Y/Y Drop as High Food Costs Bite, Unexpectedly Slumps M/M
–Spending on Autos Slips After Recent Pickup on Improved Supply Chains –Traveling, Eating Out Remain Strong in Absence of Covid Restrictions –Real Household Income Posts 10th Straight Y/Y Drop on Elevated Costs, Despite Rise in Nominal Wages By Max Sato (MaceNews) – Japan’s real household spending posted its fifth straight drop on the year in […]
White House and Other Schedules for Monday, Sept 4
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 Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, SEPTEMBER 4, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
US August ISM Manufacturing in Contraction for 10th Straight Month on Slow New Orders but Output Balanced, Job Cuts Less Severe
–ISM’s Fiore: We Are in A Trough, Moving Toward Stability –Fiore: Firms Managing Head Counts Primarily Through Attrition By Max Sato (MaceNews) – U.S. manufacturing activity was in contraction territory for the 10th straight month in August as new orders remained sluggish but the pace of overall slowdown eased from July, raising hopes that the […]
White House and Other Schedules for Friday, Sept 1
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, SEPTEMBER 1, 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 Thursday, Aug 31
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, AUGUST 31, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan July Retail Sales Surge on Solid Auto Demand, Recovering Department Stores on Influx of Foreign Visitors, Hot Weather
–METI Keeps View: Retail Sales on Gradual Uptrend–High Prices of Food and Beverages Propping Up Overall Retail Sales –Sales of Apparel, Appliances, Fuels All Post 1st Y/Y Rise in 5 Months By Max Sato (MaceNews) – Japanese retail sales jumped on the year in July, thanks to smoother deliveries of automobiles amid improving supply chains, […]
Japan July Industrial Production Slips on Sluggish Silicon Demand, Prompting METI to Downgrade View
–METI Survey: Output Likely to Dip Further in August, Post Modest Rise in September –METI Sees Output Making One Step Forward, One Step Back Vs. Showing Signs of Gradual Pickup –METI To Watch Effects of Downside Risks to Global Growth, Inflation By Max Sato (MaceNews) – Japan’s industrial production slipped back on the month in […]
White House and Other Schedules for Wednesday, Aug 30
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, AUGUST 30, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
Italy Aims for Tax Cuts for Low Earners in €30 Bln Budget Law; Scarce Resources and Thorny Spending Review Complicate Scenario
—Potential EU delay of new fiscal rules poses more trouble ahead By Silvia Marchetti ROME (MaceNews) – Italy’s government is working on a EUR30 billion budget plan for next year in a bid to cut income taxes for low earners but officials warn that resources are very limited and they worry that a potential delay in the […]
White House and Other Schedules for Tuesday, Aug 29
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, AUGUST 29, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]