July 24, 2023 United States: Economists See US Recession Odds at 50% or Less in New Survey A strong majority of business economists now say the odds of the US entering a recession in the next 12 months are 50% or less, according to a National Association for Business Economics survey. Some 71% of
July 21, 2023 United States: US Recession Becomes Closer Call as Economists Rethink Forecasts Some of the forecasters who were first out of the box to predict a US recession are starting to hedge their bets as inflation ebbs and the economy remains resilient. Deutsche Bank Vice Chair of Research Peter Hooper and Fannie
Gas Price Movement - July 20, 2023 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was,
July 19, 2023 Image Plus Consultants Ltd. for the three months ended May 31, 2023, reported a 7% increase in revenue to $300.18 million (2022: $281.09 million). Cost of sales grew 18% to $108.41 million from $91.93 million in 2022. As a result, gross profit amounted to $191.78 million, 1% higher than the $189.16
July 19, 2023 AMG Packaging & Paper Company Limited (AMG) for the nine months ended May 31, 2023, reported a 6% increase in turnover totalling $781.84 million (2022: $738.38 million). Turnover for the third quarter had a 12% increase to close at $281.02 million compared to $251.57 million for the comparable quarter of 2022.
July 19, 2023 United States: US Housing Starts Fell in June After Surging in Prior Month New US home construction retreated in June after surging a month earlier, to a pace that still indicates builders are working to fill the void left by lean housing inventory in the resale market. Residential starts fell 8%
July 18, 2023 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 6.3% for June 2023 compared to June 2022. However, for the month of June 2023, the inflation rate was +1.0%. The main driver of the monthly increase was a 1.3% rise in the index for
July 18, 2023 United States: Yellen Sees Disinflation Pressures at Work as Hiring Surge Fades Treasury Secretary Janet Yellen said a cooling — but not faltering — labor market is playing a key role in helping to slow US inflation, among a raft of factors imposing disinflationary pressures. “The intensity of hiring demands on
July 17, 2023 United States: G-20 Latest: US Wants Principles in Zambia Debt Deal for Others Group of 20 finance ministers and central bank governors begin two days of meetings Monday, with participants set to discuss items including reform of multilateral development banks, debt relief for stressed developing nations and sustainable finance. The gathering
July 14, 2023 United States: Fed’s Goolsbee Says Latest Inflation Data Promising, But Still High Federal Reserve Bank of Chicago President Austan Goolsbee said recent consumer-price data showing inflation easing was “promising,” though inflation is still higher than policymakers’ 2% goal. “It’s at least promising that this week we got inflation numbers that show
