ISM: US March Service Sector Activity Loses Steam on Slower New Orders, Mixed Labor Market
–ISM’s Nieves: Activity Coming Off from Unsustainable Growth Rate Seen Before December Plunge –Nieves Sees Employment as “Mixed Bag”: Tech Firms Cut Jobs, Some Other Industries Struggling to Find Qualified Workers –Nieves: Inflationary Pressures Have Moderated; Hope Fed Rate Hike Pace Not So High as Before By Max Sato (MaceNews) – Business activity in the […]
White House and Other Schedules for Wednesday, April 5
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, APRIL 5, 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, April 4
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, APRIL 4, 2023 In the morning, the President will receive the President’s Daily Brief. The Vice President will attend. This […]
Bank of Canada Q1 Survey: Business Sentiment Dips for 5th Straight Quarter Amid Slower Global Growth, High Inflation
By Max Sato (MaceNews) – Sentiment among companies in Canada declined for the fifth straight quarter in January-March after last year’s aggressive interest rate hikes by major central banks have led to slower global demand amid easing but sticky inflation and tight labor conditions, the Bank of Canada’s quarterly Business Outlook Survey released Monday showed. […]
US March ISM Manufacturing in Contraction for 5th Straight Month on Uncertainty Over Demand Pickup Timing
–ISM’s Fiore Downplays Manufacturing Index Drop to 46.3, Saying, ‘We’ve Only Lost 3 to 4 Points in Past 5 to 6 Months’ –Fiore: Manufacturing Index Now Seems to Be in Range of 46 to 49, Probably in Q2, Too, Down from Earlier Range of 48 to 52 –Fiore: Demand Pickup Expected for July, August May […]
White House and Other Schedules for Monday, April 3
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, APRIL 3, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
BOJ March Quarter Tankan: Manufacturers’ Sentiment Dips on Global Slowdown, Services Propped Up by Travel, Eating Out
–Carmakers, Paper/Pulp Makers See Rebound in June Sentiment; Steel Mills, Machine Makers Expect Decline –Wholesalers, Construction Firms See Lower June Sentiment; Hotels, Restaurants, Telecommunications Upbeat –Large Firms’ Capex Plans Show Solid Start to Fiscal 2023, Small Firms Unusually Bullish in Initial Plans By Max Sato (MaceNews) – Confidence among major manufacturers in Japan drifted lower […]
Preview: BOJ March Tankan Manufacturers Sentiment Down Further, Services Supported by Travel Discounts
–Manufacturers Seen Cautious Amid Global Slowdown, Elevated Costs –Govt Tourism Program, Eased Covid Rules Continue Propping Up Services –Business Confidence for June Seen Mixed with Slight Changes from March –Large Firms’ Capex Plans Expected to Show Solid Start to Fiscal 2023 –Small Firms Tend to Have Conservative Plans at Start of Fiscal Year By […]
White House and Other Schedules for Friday, March 31
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, MARCH 31, 2023 In the morning, the President and the First Lady will travel to Rolling Fork, Mississippi. The departure from the South Lawn will be open press. The […]
Japan’s Economy Shows Resilience in February Data Amid Slowing Global Demand, Bank Failure Risks in US, Europe
–Industrial Output Rebounds Strongly on Eased Parts Supply Constraints –Retail Sales Up Sharply in Reaction to Slump a Year Ago, Waning Covid Drag –Unemployment Ticks Up as More People Quit for Better Spots, Begin Job Search By Max Sato (MaceNews) – The Japanese economy is showing resilience amid easing supply bottlenecks and waning effects of […]