Custer Contexo Group

Computer & Electronic Product Output Continues To Outperform

September 23, 2020 by Jonathan Custer

Summary Industrial Production (IP) rose for its fourth consecutive month after March and April’s sharp contraction (Chart 1) IP remains 7.6 percent below its December 2019 level (Chart 1) Durable Manufacturing output was up 0.7 percent in August, led by Computers and Aerospace products (Chart 2) Computer & Electronic Products (CEP) continue to significantly outperform …

Q3 U.S. GDP Growth Set For 30% But No V-Shaped Recovery

September 14, 2020 by Jonathan Custer

· The U.S. economy is set for a sharp rebound in Q3 · The Atlanta Federal Reserve’s GDPNow estimate for Q3 GDP growth is currently running at a stunning 30.7 percent annualized rate (6.9 percent q/q), which is almost 2x the prior highest quarterly GDP print on record, registered in Q1 1950 (Chart 1) · …

More U.S. Companies Are Moving Out of China

August 14, 2020 by Jonathan Custer

by Katharina Buchholz, Aug 14, 2020After almost 1.5 years of the U.S.-China trade war, some cracks are starting to show in the commitment of U.S. companies to their China operations. In mid-2019 as well as in mid-2020, around 15 percent of companies surveyed said that they were moving at least part of their operations out of …