September 24, 2020 Retail sales volumes increased by 0.8% in August 2020, when compared with July. This was the fourth consecutive month of growth, resulting in an increase of 4.0% when compared with February’s pre-pandemic level. Retail sales values also increased 0.7% when compared with July and 2.5% when compared with February. Despite total
September 24, 2020 The seasonally adjusted initial claims, advance estimate, increased by 4,000 to 870,000 for the week ending September 19 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised from 860,000 to 866,000 up by 6,000. In comparison to the previous week’s average, the 4-week moving average
September 23, 2020 According to the Statistical office of the European Union (Eurostat), annual inflation rate in August for the euro area and the European Union was -0.2% (July 2020: 0.4%) and 0.4% (July 2020: 0.9%), respectively. Notably, Eurostat highlighted that in the month of August, “COVID-19 containment measures continued to be lifted.” However, a
September 23, 2020 For the month of August, jobless rates were lower in 41 states, higher in 2 states, and unchanged in 7 states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). All fifty states and the District had jobless rate increases from last year. There was
September 22, 2020 The U.S.current account deficitin the second quarter of 2020, increased by $59.0 billion, or 52.9%, to $170.5 billion. This reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries. The revised first quarter deficit was $111.5 billion. According to statistics from the U.S.
September 18, 2020 The U.S Census Bureau announced that, at the end of August 2020 U.S. retail and food services increased by 0.6% to $537.5 billion from $534.6 billion recorded in July 2020, based on advanced estimates adjusted for seasonal variation and holiday and trading-day differences, but not for price changes. Notably, the estimate was also 2.6% greater
Monthly Economic Review - August 2020 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, is,
September 18, 2020 The seasonally adjusted initial claims, advance estimate, decreased by 33,000 to 860,000 for the week ending September 12 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised from 884,000 to 893,000 up by 9,000. In comparison to the previous week’s average, the 4-week moving average
September 18, 2020 USA Economic Review -August 2020 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, is,
September 16, 2020 The Federal Reserve announced its decision to hold interest rates steady as economic activity and employment, although improved in recent months, remain well below their levels at the beginning of the year. Despite some uptick in recent months, the coronavirus outbreak has caused widespread human and economic hardship across the United States and
