United States: US Recession Odds Within the Next Year Now 30%, Survey Shows The odds of a US recession within the next year are steadily rising. The probability of a recession over the next 12 months is now 30%, the highest since 2020, according to the latest Bloomberg monthly survey of economists. That’s up slightly
May 12, 2022 The seasonally adjusted Producer Price Index for final demand gained 0.5% in April 2022, according to the US Bureau of Labor Statistics. Following gains of 1.6% in March and 1.1% in February 2022. Final demand prices increased 11.0% for the 12 months ended April 2022 on an unadjusted basis. The increase in the
May 11, 2022 In March 2022, the euro area seasonally adjusted unemployment rate was 6.8%, down from 6.9% in February 2022 and from 8.2% in March 2021. The EU unemployment rate was 6.2% in March 2022, down from 6.3% in February 2022 and from 7.5% in March 2021. These figures are published by Eurostat, the
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3% in April 2022, on a seasonally adjusted basis, according to U.S. Bureau of Labour Statistics (BLS) after a 1.2% increase in March. The all-items index rose 8.3% before seasonal adjustment over the last year to an index level of 289.109 (1982-84=100). The all-items less
May 10, 2022 BOJ has reported that Jamaica’s Net International Reserves as at April 30, 2022 stood at US$3,734.14 million, reflecting an increase of US$58.30 million when compared to the US$3,675.85 million reported at the end of March 2022. Foreign Assets totalled US$4,357.47 million, US$33.81 million more than the US$4,323.66 million reported in March 2022.
United States: U.S. Futures Signal Equity Plunge; Dollar Jumps: Markets Wrap “Investors rushed to the safety of the U.S. dollar, while global stocks slid ever closer to a bear market, as the Federal Reserve’s aggressive tightening path and China’s Covid lockdowns worsened the outlook for economic growth. The greenback extended a two-year high, rising on
April 6, 2022 According to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis goods and services deficit was $109.8 billion in March, $20 billion more than the $89.8 billion booked in February, revised. It was noted, March exports increased by $12.9 billion to $241.7 billion when compared to February exports. March imports
May 05, 2022 In March 2022, the euro area seasonally-adjusted unemployment rate was 6.8%, down from 6.9% in February 2022 and from 8.2% in March 2021. The EU unemployment rate was 6.2% in March 2022, down from 6.3% in February 2022 and from 7.5% in March 2021. Eurostat estimates that 13.374 million men and women
May 05, 2022 In March 2022, the seasonally adjusted volume of retail trade decreased by 0.4% in the euro area and by 0.2% in the EU, compared with February 2022, according to estimates from Eurostat, the statistical office of the European Union. In February 2022, the retail trade volume increased by 0.4% in the euro
May 4, 2022 The Federal Reserve raised interest rates by a half-percentage point to get a handle on the worst inflation America has seen in 40 years. The target range for the federal funds rate is now 3/4 to 1 percent. The Federal Reserve highlighted that household spending and business fixed investment remained strong, though overall economic
