On November 29, the Bureau of Economic Analysis indicated that the american economy grew by 0.8% (3.2% annualised) in the third quarter, its best performance since the summer of 2014.
IHS Markit most recent PMI surveys show that the economy is growing at a similar rate in October and November.
Leading economic indicators from the Conference Board and the OECD let believe that growth will go from modest to moderate in the coming months.
For people looking for a «Trump» impact, just wait a few more months to see it in economic data, except obviously for the financial markets (equity, bonds) which reacted immediately after the November 8 elections and where data are rapidly available.
Comments on leading indicators and the economic outlook, this is what you will mainly read in my blog.
Tuesday, November 29, 2016
Friday, November 4, 2016
The world economy improved in October, according to PMI from IHS Markit
The world economy showed signs of better growth in October according to the most recent results from purchasing managers surveys (PMI) published by IHS Markit November 4. New orders data let believe that growth will continue to improve in November.
https://www.markiteconomics.com/Survey/PressRelease.mvc/dffc698018984829af58ec503a114e9d
https://www.markiteconomics.com/Survey/PressRelease.mvc/dffc698018984829af58ec503a114e9d
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