Economy – Page 2

COTD: COVID Growth Impact – Statista

June 9, 2020 by Jonathan Custer

COTD: Chart of the Day The World Bank published its latest Global Economic Prospects report on Monday, providing us with another glimpse of the expected economic fallout of the COVID-19 pandemic. According to its revised forecasts, the global economy will shrink by 5.2 percent this year, which would mark the deepest recession since World War II. “This is …

U.S. Manufacturing Output Falls 8.1 Percent, Post-War Record

May 15, 2020 by Jonathan Custer

US manufacturing output fell by a post-war record of 8.1% in the three months to April. We will know if April proves to be the bottom We next week as Markit PMI has a 90% correlation with the official data, and May flash PMI data are updated next week.

U.S. Unemployment: Historical Perspectives – CME

May 12, 2020 by Jonathan Custer

Click on video Massive fiscal spending and swift Congressional action against COVID-19 differ starkly from the Great Depression. Insights by Blu Putnam. — Bloomberg Originals (@bbgoriginals) May 11, 2020