Macroeconomics


2024-09-02

[News] China’s Manufacturing PMI Contracts for Fourth Straight Month, Falling to 49.1 in August

    Summary:  Manufacturing PMI Remains in Contraction Non-Manufacturing PMI Slight Increase   China's manufacturing PMI continued to decline, as reported by the National Bureau of Statistics of China on August 31. The manufacturing PMI decreased from 49.4 i...

2024-08-30

[News] US Q2 GDP Growth Revised up to 3% as Initial Jobless Claims Slightly Declined

    Summary:  Q2 real GDP revised up to 3.0% Initial jobless claims last week fell by 2,000 to 231,000 Continuing claims last week rose by 13,000 to 1,868,000   The U.S. initial jobless claims slightly declined last week, as reported by the Bureau of Labo...

2024-08-29

[News] U.S. Consumer Confidence Edges up in August Despite Labor Market Concerns

The U.S. Consumer Confidence Index slightly increased in August, reaching 103.3, as reported by the Conference Board on August 27.  This marks a small rise of 1.4 from the previous month. Both the Present Situation Index and the Expectations Index improved in August, indicating that consumers r...

2024-08-28

[News] Japan’s SPPI Stays Strong in July, while Market Expects Further BOJ Rate Hike This Year

The Japan Services Producer Price Index (SPPI) growth rate keeps above 2%  in July, as reported on August 27. According to the Bank of Japan, the SPPI increased by 2.8% year-on-year in July, slightly lower than the 3.1% recorded in the previous month, but the overall upward trend remains unchanged....

2024-08-27

[News] China’s Industrial Profits Continue to Rise in July, But Domestic Demand Remains Weak

China's industrial profits continued to rise in July, as reported on August 27. According to  the National Bureau of Statistics, the cumulative year-on-year growth rate of profits for large-scale industrial enterprises reached 3.6% from January to July, an increase of 0.1% compared to the January t...

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