Category: International Trade
United States International Trade
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Macro - Weekly Briefings - US
... and wage growth was stubbornly elevated. We expect more job gains in Q3 before the economy succumbs to the pressures of tighter lending standards, past Fed rate hikes, and elevated interest rates as it endures ... Read More
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Analysis by Region - North America - US
... Fed rate hike expectations pushed rates higher overall. The curve steepened, though, after the -110.9bps March low on the 2s10s spread held firm on Monday. That was the most inverted the curve has been since ... Read More
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World textile and apparel trade and production trends: the USA, Argentina, Brazil, Colombia and Mexico, June 2023
... industries in the USA, Argentina, Brazil, Colombia and Mexico. The report presents a wealth of information, and is essential for anyone who is considering sourcing from, selling to or investing in these countries or their ... Read More
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Macro - Weekly Briefings - US
... maintain our call for a mild recession to begin in Q3 but see a risk that it might start later. Consumers – the main engine of the US economy – will keep spending so long ... Read More
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Analysis by Region - North America - US
... Two- through five-year yields were more than 25bps higher on the week as of early Friday afternoon. That is the largest weekly rise since September 23, 2022, although yields were around 10bps below the week's ... Read More
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Analysis by Region - North America - US
... the Nasdaq Bank Index and the KBW Bank Index were down more than 4% as of mid-Friday afternoon. The dollar index did little for much of the week, but rallied into the weekend, gaining around ... Read More
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Macro - Weekly Briefings - US
... the year and services inflation excluding shelter - aka "supercore" inflation - eased. Together with the rise in jobless claims and the tightening in lending standards, we expect the Fed to remain on hold in ... Read More
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Macro - Weekly Briefings - US
... inflation. We think the FOMC will be somewhat patient, however, and are still comfortable removing a rate hike in June from the upcoming baseline. The forecast will still assume that the Fed doesn't start cutting ... Read More
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Analysis by Region - North America - US
... yield was close to 10bps higher as the curve pivoted around the seven- to 10-year sector. The dollar index was down 0.3% for the week, while the S&P 500 Index was more than 1% lower ... Read More
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Macro - Weekly Briefings - US
... negative track. We believe Q1 will end up being the best quarter this year for the economy as tighter credit conditions and elevated interest rates slow GDP growth to a crawl in Q2 and spark ... Read More
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Macro - Country Economic Forecasts - United States
... Though banking stress has eased, the economic costs will be incurred with a lag, and we expect the largest decline in GDP to occur in H2 after weak growth in Q2. Our business cycle indicator ... Read More
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Macro - Weekly Briefings - US
... the Fed's rate hiking cycle. But we expect another 25bps rate hike by the Fed in May since job creation remains robust and wage growth is above the rate that's in line with the central ... Read More
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Analysis by Region - North America - US
... of the weekend though, as yields jumped Friday in response to the solid March nonfarm payrolls report. The dollar index was down 0.4% after falling early in the week and steadying thereafter. US equity index ... Read More
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Macro - Weekly Briefings - US
... - Weekly Briefings - US Financial markets continued to stabilize this week amid easing concerns about the banking sector. The Fed's balance sheet data also offered signs of stability as loans to banks declined overall. Read More
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Analysis by Region - North America - US
... unwinding of a portion of this month's large bull steepening flows as traders pared Fed rate cut expectations. Equities were higher as well, with the steadying banking sector leading to a better tone for risk ... Read More
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Trends in US textile and clothing imports, February 2023
... US imports of cotton dresses, cotton knitted shirts, cotton non-knitted (woven) shirts, cotton skirts, cotton trousers, cotton underwear, man-made fibre bras, man-made fibre dresses, man-made fibre knitted shirts, man-made fibre skirts and man-made fibre trousers. ... Read More
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United States of America (USA) PESTLE Insights - A Macroeconomic Outlook Report
... mining, manufacturing and utilities (14.1%). The three sectors are forecast to grow by 5.4%, 5.9%, and 5.6%, respectively, in 2023. New York, Texas, California and Illinois contributed 35.6% to the US GDP in Q3 2022 ... Read More
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Macro - Weekly Briefings - US
... Fed. The report won't keep the Fed from raising rates by 25bps at its upcoming meeting, and the risk is for more rate hikes later in the year, especially if financial conditions continue to ease ... Read More
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Analysis by Region - North America - US
... Friday afternoon, leading the gains. Declining inflation expectations offered support to the long-end, flattening the curve for much of the week. The front-end began to catch up with long-end gains into the weekend though, following ... Read More
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Macro - Weekly Briefings - US
... points off Q4-22 GDP growth and doesn't necessitate any major changes to our baseline forecast. Some industries will be disrupted, but the shock's short, temporary nature means significant production and revenue losses won't be sustained. Read More
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Macro - Weekly Briefings - US
... negative change in inventories, while all other components held up. That said, we see the weakness becoming more broad-based, with inflation staying elevated longer. Much is riding on the strength of the rebound from mid-2023. Read More
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Industry - Country Industry Forecasts - United States
... dragged by declining residential investment, declining construction, and reduced consumption of goods. Consumer spending has proven resilient, helping to increase personal consumption of services. This will act as a primary lever of support for the ... Read More
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Analysis by Region - North America - US
... gains as the reaction to the week's lower-than-expected inflation data outweighed the hawkish tone out of the FOMC meeting. Equities fell following the FOMC decision though. The S&P 500 Index was 2.7% lower for the ... Read More
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Macro - Weekly Briefings - US
... its 2% target. Though the Fed is still aiming for a soft landing, their projections tell a different story. In fact, the Summary of Economic Projections calls for a rise in the unemployment rate that ... Read More
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Macro - Weekly Briefings - US
... may need to delay the start of the recession in our forecast until Q2 of 2023. New data on retail sales were solid while initial claims for unemployment insurance benefits remain low. The housing market ... Read More
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