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Category: Economic & Policy Analysis
Nonfarm Payrolls rose 199K in December (DE 525K, Consensus 450K) following a revised 249K gain in November (originally 210K). The Unemployment Rate dropped to 3.9% (DE 4.0%, Consensus 4.1%) from 4.2%. The Labor Force Participation read more
China’s official Manufacturing PMI rose to 50.3 in December, up from 50.1. Output softened to 51.4 from 52. New Orders improved to 49.7 from 49.4. Employment edged up to 49.1 from 48.9, and the Supplier’s delivery inched up to 48.3 from 48.2. Business Sentiment increased read more
China’s Retail Sales slowed growth to 3.9% YoY in November from a 4.9% rise in October. Stringent lockdowns on sporadic outbreaks constrained consumer demand despite Singles Day Shopping Festival support. Industrial Production grew 3.8% YoY in November read more
China’sConsumer Prices surged 2.3% YoY in November after jumping 1.5% in October, refreshing the highest record since September 2020. While pork prices remained contracted compared with a year ago, they reversed to rise 12.2% from the prior read more
DE | Flash | Anytime | Jobs: +210K; 4.2% Unemployment Rate; Household Survey Very Positive – 12/03/21
Nonfarm Payrolls rose 210K in November (DE 605K, Consensus 550K) following a revised 546K gain in October (originally 531K). The Unemployment Rate dropped to 4.2% (DE 4.4%, Consensus 4.5%) from 4.6%. The Labor Force Participation Rate (LFPR) improved to read more