Experience the Decision Economics Difference for yourself.
Category: Economic & Policy Analysis
DE | Flash | Anytime | Jobs: +531K; 4.6% Unemployment Rate; Strong Month for Labor Market – 11/05/21
Nonfarm Payrolls rose 531K in October (DE 485K, Consensus 450K) following a revised 312K gain in September (originally 194K). The Unemployment Rate decreased to 4.6% (DE and Consensus 4.7%) from 4.8%. The Labor Force Participation Rate (LFPR) remained at read more
The Federal Open Market Committee (FOMC) held the Federal Funds Rate target range at 0% to 0.25%, as DE expected. The FOMC also announced the start of Tapering. Starting this month, the pace of purchases will read more
China’s official Manufacturing PMI remained contracted in October, softening to 49.2 from 49.6. The power crunch and high commodity prices mainly disrupted Production. Output dropped to 48.4 from 49.5, and New Orders slid to 48.8 from 49.3. Employment weakened to 48.8 from 49, read more
Real GDP tallied a 2.0% annualized quarterly increase in Q3 (DE 3.4%, Consensus 2.6%) following a 6.7% increase in Q2. In non-annualized terms (QoQ), this release marked a 0.5% increase after a 1.6% rise.
China’s GDP grew 4.9% YoY (0.2% QoQ) in Q3 2021, slowing from Q2’s 7.9% rise and undershooting the market expectation of a 5% growth. Mixed headwinds led to the economic slowdown from strict restrictions against the read more
China’sProducer Prices continued to expand gains in September on elevated commodity prices, surging 10.7% YoY after growing 9.5% in August, tallying the highest growth since November 1995. Consumer Pricesmoderated to rise 0.7% YoY after increasing 0.8% in read more