United States: Fed’s Powell Says U.S. Economy Faces Long, Uncertain Recovery “Federal Reserve Chair Jerome Powell said the U.S. economy is improving but has a long way to go before fully recovering from the coronavirus pandemic. “Many economic indicators show marked improvement,” Powell said Monday in the text of testimony he’s scheduled to deliver before
September 21, 2020 In 2015, Seprod’s Chairman stated his vision for the Company which was made a reality. Richard Pandohie, CEO and Managing Director of Seprod, announced following targets made a reality by the management team: Modern manufacturing facilities Value-added acquisitions A strong distribution pillows A company that was delivering above average value for the
United States: U.S. Consumer Sentiment Climbed to a Six-Month High in September “U.S. consumer sentiment increased more than expected in early September to a six-month high as Americans grew more upbeat about the economy’s prospects. The University of Michigan’s preliminary sentiment index for September advanced to 78.9 from a final August reading of 74.1, according
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,
United States: Economic Expectations of U.S. Consumers Climb to Six-Month High “U.S. consumers’ economic expectations reached a six-month high in September, with the increased optimism largely concentrated among Republican voters and highlighting a partisan divide about the recovery’s prospects. The Bloomberg Consumer Comfort monthly gauge advanced 3.5 percentage points to 41.5, according to the Sept.
United States: U.S. Jobless Claims Resume Drop in Sign of Gradual Improvement “The number of Americans applying for jobless benefits resumed its decline, signaling a gradual improvement in the battered labor market. Jobless claims in regular state programs decreased by 33,000 to 860,000 in the week ended Sept. 12, which coincides with the reference period
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
