[Tree] Calgary's economic outlook amidst geopolitical uncertainty

Version 2.15 (2024-10-09 00:37:40.560000)

updates: Updated economic forecasts and geopolitical risks discussed

Version 2.14 (2024-10-08 20:45:35.064000)

updates: Incorporated geopolitical risks and economic forecasts.

Version 2.13 (2024-10-08 17:46:00.600000)

updates: Calgary's growth forecast and U.S. election implications

Version 2.12 (2024-10-02 19:41:22.799000)

updates: California's GDP growth projected at 2.8% for 2024

Version 2.11 (2024-10-01 23:35:30.110000)

updates: Incorporated recent GDP growth and analysis details

Version 2.1 (2024-09-30 16:34:58.130000)

updates: Manufacturing sector growth expected to outpace GDP

Version 2.09 (2024-09-29 03:33:34.597000)

updates: Updated growth forecasts and recession probabilities

Version 2.08 (2024-09-28 05:45:52.847000)

updates: Fiscal policy boosts GDP growth; new economic data included

Version 2.07 (2024-09-27 21:50:30.305000)

updates: Updated economic data and political reactions included

Version 2.06 (2024-09-27 01:33:50.843000)

updates: Revised GDP growth rates and election implications

Version 2.05 (2024-09-26 23:35:51.058000)

updates: Revised growth rates and political implications included

Version 2.04 (2024-09-26 21:33:27.584000)

updates: Updated GDP growth and unemployment statistics

Version 2.03 (2024-09-26 20:36:05.300000)

updates: Updated GDP growth, inflation, and job market data

Version 2.02 (2024-09-26 17:45:18.532000)

updates: Q2 growth data and consumer confidence decline highlighted

Version 2.01 (2024-09-26 16:33:29.740000)

updates: Updated GDP growth and inflation statistics

Version 2.0 (2024-09-26 15:43:54.299000)

updates: Updated GDP growth and inflation data

Version 1.99 (2024-09-26 14:43:28.718000)

updates: Added job market data and corporate news updates

Version 1.98 (2024-09-26 14:40:03.888000)

updates: Updated GDP growth and inflation statistics

Version 1.97 (2024-09-26 14:34:01.966000)

updates: Updated GDP growth and inflation data

Version 1.96 (2024-09-26 13:36:18.524000)

updates: Updated GDP growth and consumer spending figures

Version 1.95 (2024-09-01 06:34:33.438000)

updates: Updated GDP, inflation, and unemployment statistics included

Version 1.94 (2024-08-30 09:33:01.606000)

updates: Updated GDP growth, consumer spending, and investment data

Version 1.93 (2024-08-30 07:32:51.388000)

updates: GDP growth revised up; consumer spending strong

Version 1.92 (2024-08-30 06:35:15.738000)

updates: Updated GDP growth rate and consumer spending figures

Version 1.91 (2024-08-29 22:34:52.281000)

updates: GDP growth revised to 3.0%, interest rate cuts expected

Version 1.9 (2024-08-29 22:34:11.941000)

updates: GDP growth revised to 3%, jobless claims fall

Version 1.89 (2024-08-29 21:32:23.950000)

updates: GDP growth revised to 3%, inflation eased to 2.5%

Version 1.88 (2024-08-29 20:32:44.196000)

updates: GDP growth revised to 3%, inflation down to 2.5%

Version 1.87 (2024-08-29 19:34:47.091000)

updates: GDP growth revised to 3%, Fed plans rate cuts

Version 1.86 (2024-08-29 18:32:33.969000)

updates: Updated GDP growth, inflation, and political proposals

Version 1.85 (2024-08-29 17:39:10.787000)

updates: Updated GDP growth and consumer spending statistics

Version 1.84 (2024-08-29 17:34:04.526000)

updates: GDP growth revised up; consumer confidence increases

Version 1.83 (2024-08-29 15:52:21.873000)

updates: GDP growth revised to 3%, consumer spending up

Version 1.82 (2024-08-29 15:48:37.703000)

updates: GDP growth revised to 3%, consumer spending up

Version 1.81 (2024-08-29 15:41:49.260000)

updates: Q2 GDP revised to 3%, consumer spending up

Version 1.8 (2024-08-29 15:32:30.517000)

updates: GDP growth revised to 3%, inflation down to 2.5%

Version 1.79 (2024-08-29 14:37:07.431000)

updates: Q2 growth revised to 3%, driven by consumer spending

Version 1.78 (2024-08-29 14:32:24.279000)

updates: Updated GDP growth and consumer spending data

Version 1.77 (2024-08-29 13:47:27.605000)

updates: GDP growth revised to 3%; inflation down to 2.5%

Version 1.76 (2024-08-29 13:41:30.036000)

updates: Updated GDP growth and consumer spending statistics

Version 1.75 (2024-08-29 13:40:03.809000)

updates: GDP growth revised up to 3% from 2.8%

Version 1.74 (2024-08-19 14:35:50.398000)

updates: Updated GDP growth, inflation rates, and market performance

Version 1.73 (2024-08-10 14:04:39.325000)

updates: Personal reflection on economics, mention of Council for Economic Education, struggle to understand economic concepts, mention of Evan Ramstad's column, summary report on the nation's economy

Version 1.72 (2024-08-03 18:06:29.569000)

updates: Integrates information about Kansas economy and free-market principles

Version 1.71 (2024-08-01 15:58:56.646000)

updates: Updates on GDP growth, inflation concerns, productivity, recession fears, interest rate cuts, consumer sentiment, and Puerto Rico's GDP

Version 1.7 (2024-08-01 14:59:18.435000)

updates: Productivity surges in the US economy

Version 1.69 (2024-08-01 10:04:14.316000)

updates: Inclusion of Puerto Rico's GDP decline and related factors

Version 1.68 (2024-07-31 21:02:11.872000)

updates: Updates on consumer spending, inflation concerns, and GDP growth

Version 1.67 (2024-07-29 06:00:39.034000)

updates: Analysis of the US economy under Biden's administration

Version 1.66 (2024-07-29 05:58:20.546000)

updates: Inflation pressures have eased, supporting expectations for a potential Federal Reserve interest rate cut in September

Version 1.65 (2024-07-28 05:58:37.400000)

updates: Updates on the US economy's performance and prospects

Version 1.64 (2024-07-28 02:59:22.159000)

updates: The US economy is not in a recession, according to Oxford Economics

Version 1.63 (2024-07-27 23:58:29.441000)

updates: US economy experiences strong growth and lower inflation

Version 1.62 (2024-07-27 17:00:02.506000)

updates: The US economy experienced a surprising boost in the second quarter of 2024, with GDP growth accelerating to 2.8% from 1.4% in the first quarter. This growth was driven by inventory changes. However, economic challenges persist as fixed private investment is slowing due to high interest rates. Personal consumption expenditures are rising, and the June consumer price index showed a 3.0% year-over-year increase, indicating stubborn inflation. The Federal Reserve's efforts to reduce inflation to 2% have not been successful.

Version 1.61 (2024-07-27 16:58:33.602000)

updates: US economy achieves rare growth, inflation concerns ease

Version 1.6 (2024-07-27 05:58:33.669000)

updates: The US economy grew at a rate of 2.8% in Q2, surpassing expectations [6ec6d308]. The report does not provide details on specific sectors or industries that contributed to the growth [6ec6d308].

Version 1.59 (2024-07-27 02:01:46.918000)

updates: Updates on Bank of Canada rate cut, small business optimism, and presidential election

Version 1.58 (2024-07-26 22:14:26.670000)

updates: Updated information on GDP growth and expectations for interest rate cuts

Version 1.57 (2024-07-26 20:59:15.089000)

updates: GDP growth raises expectations for interest rate cuts

Version 1.56 (2024-07-26 17:13:35.734000)

updates: Inflation pressures easing, mention of new source

Version 1.55 (2024-07-26 11:59:40.672000)

updates: Includes President Biden's response and analysts' expectations

Version 1.54 (2024-07-26 11:04:52.876000)

updates: Updated information on US economic growth in Q2 2024

Version 1.53 (2024-07-26 10:04:34.410000)

updates: US economy beats Q2 growth expectations

Version 1.52 (2024-07-26 10:01:12.401000)

updates: Updated GDP growth rate, consumer spending and business investment figures, mention of inflation and interest rates, impact on presidential campaign

Version 1.51 (2024-07-26 09:58:39.880000)

updates: US economy poised for historic feat with Q2 growth surpassing predictions

Version 1.5 (2024-07-26 09:00:54.860000)

updates: Updated information on US economic growth in Q2 2024

Version 1.49 (2024-07-26 07:59:20.900000)

updates: US economy grew at 6.5% in Q2 2024, surpassing expectations

Version 1.48 (2024-07-26 07:58:20.669000)

updates: The US economy grew at a rate of 6.5% in Q2 2024, surpassing expectations of 2.8%. Concerns about inflation and interest rates persist. The stock market and gold market reacted to the positive economic data. President Joe Biden acknowledged the growth. Recession spotters are frustrated by the strong performance of the US economy. The Federal Reserve is expected to cut rates in September. The GDP growth rate for Q2 2024 is below expectations.

Version 1.47 (2024-07-26 05:58:46.302000)

updates: US economic growth revised to 6.5% in Q2 2024

Version 1.46 (2024-07-26 04:58:05.951000)

updates: US economy grew at 6.5% in Q2 2024, surpassing expectations

Version 1.45 (2024-07-26 02:58:05.641000)

updates: Includes information about the advance estimate for Q2 2024 GDP growth

Version 1.45 (2024-07-26 02:58:05.641000)

updates: Includes information about the advance estimate for Q2 2024 GDP growth

Version 1.44 (2024-07-26 02:04:30.576000)

updates: US economic growth in Q2 reached a rate of 6.5%, surpassing expectations

Version 1.43 (2024-07-26 01:59:41.924000)

updates: US economy grew at a higher rate of 6.5% in Q2 2024

Version 1.42 (2024-07-26 01:58:06.100000)

updates: Updated information on US economic growth in Q2 2024, concerns about the outlook for the second half of the year, and reactions in the stock and gold markets

Version 1.41 (2024-07-26 01:01:01.263000)

updates: Gold market reacts to strong US economic performance

Version 1.4 (2024-07-26 00:00:33.583000)

updates: US economy grew at a rate of 2.8% in Q2 2024, driven by consumer and business spending

Version 1.39 (2024-07-25 23:59:21.752000)

updates: Consumer spending drives growth, concerns about labor market and outlook

Version 1.38 (2024-07-25 23:58:42.469000)

updates: US economy grew at 2.8% in Q2 2024, surpassing expectations

Version 1.37 (2024-07-25 23:04:51.972000)

updates: Updated information on US economic growth in Q2 2024

Version 1.36 (2024-07-25 23:02:33.957000)

updates: New information on Q2 GDP growth, consumer spending, government spending, interest rate hike, stock market performance, labor market, and concerns for the second half of the year

Version 1.35 (2024-07-25 23:00:57.304000)

updates: Updated information on US economic growth in Q2 2024

Version 1.34 (2024-07-25 22:02:17.292000)

updates: Updated information on US economic growth in Q2 2024

Version 1.33 (2024-07-25 22:00:00.280000)

updates: US economy grew much faster than expected in Q2 2024

Version 1.32 (2024-07-25 21:58:37.799000)

updates: New information on Q2 economic growth, stock market response, labor market concerns, and President Biden's response

Version 1.31 (2024-07-25 21:11:26.464000)

updates: Updated information on Q2 economic growth, stock market performance, and concerns for the second half of the year

Version 1.3 (2024-07-25 21:03:47.760000)

updates: Updated information on Q2 economic growth and inflation, President Biden's response, and concerns about the labor market and uncertain outlook

Version 1.29 (2024-07-25 21:00:37.892000)

updates: US economy grew at 2.8% in Q2 2024, doubling the rate of growth from the previous quarter

Version 1.28 (2024-07-25 20:59:52.765000)

updates: The US economy grew by 2.8% in Q2 2024, surpassing expectations. Personal income and saving increased. Concerns remain about the labor market and saving rate. Inflation subsided, leaving expectations of a September interest rate cut intact. Analysts believe the strong GDP reading won't derail a rate cut. President Biden acknowledged the growth. Recession spotters are frustrated. The release of strong Q2 economic data led to an uptick in stock market futures. The growth was driven by consumer spending and inventory building. The US economy continues to show robust growth.

Version 1.27 (2024-07-25 20:05:28.709000)

updates: US economy exceeds expectations with 2.8% growth in Q2 2024

Version 1.26 (2024-07-25 20:03:19.487000)

updates: US Treasury Secretary Janet Yellen announces 2.8% GDP growth in Q2 2024

Version 1.25 (2024-07-25 20:02:36.481000)

updates: The US economy grew faster than expected in Q2, with inflation subsiding. Concerns about the labor market, saving rates, and tariffs persist. President Joe Biden acknowledged the positive growth. Recession spotters are frustrated by the strong performance of the US economy. China is starting to panic. The release of the strong Q2 economic data led to an uptick in stock market futures and a decline in Treasury yields. The growth in the US economy was driven by consumer spending and inventory building. The US Federal Reserve may consider cutting rates in September to avoid weakening employment growth and the economy.

Version 1.24 (2024-07-25 19:58:53.430000)

updates: The US economy grew at a faster rate in Q2, exceeding expectations

Version 1.23 (2024-07-25 19:23:50.751000)

updates: New information on private consumption, labor market, and interest rate cut expectations

Version 1.22 (2024-07-25 19:22:39.145000)

updates: Updated information on US economic growth in Q2

Version 1.21 (2024-07-25 19:15:39.802000)

updates: US economy grew at 2.8% rate in Q2, exceeding expectations

Version 1.2 (2024-07-25 19:14:45.805000)

updates: The US economy experienced a growth rate of 2.8% in Q2, driven by increased consumer spending on durable goods and a surge in private investment. Federal government consumption and investment also rebounded in Q2 after a decline in Q1. The trade deficit worsened due to increased imports. The size of the US economy, measured in current dollars, rose to $28.6 trillion. Real GDP, adjusted for inflation, reached $22.9 trillion in Q2. Gross private domestic investment and government consumption expenditures and gross investment also increased. The trade deficit and change in private inventories had an impact on GDP growth. The growth rate in Q2 exceeded the 14-year average annual growth rate of 2.2% [314e888d].

Version 1.19 (2024-07-25 19:00:53.901000)

updates: Updated information on US economic growth in Q2

Version 1.18 (2024-07-25 18:07:04.204000)

updates: Updated information on GDP growth, inflation, and Federal Reserve's interest rate cut plans

Version 1.17 (2024-07-25 18:05:16.159000)

updates: US economy beats growth expectations in Q2, driven by consumer spending and inventory building

Version 1.16 (2024-07-25 17:19:35.131000)

updates: Inflation subsided in Q2, expectations of interest rate cut intact

Version 1.15 (2024-07-25 17:10:55.876000)

updates: The US economy grew faster than expected in Q2 2024

Version 1.14 (2024-07-25 17:10:16.242000)

updates: Stock market reaction to strong Q2 growth

Version 1.13 (2024-07-25 17:06:03.116000)

updates: The US economy grew faster than expected in Q2

Version 1.12 (2024-07-25 17:04:47.142000)

updates: US economic growth accelerated in Q2, with GDP increasing at a 2.8% annualized rate, higher than the previous quarter's 1.4%. Personal spending, the main growth engine, also advanced 2.3%. The figures represent a moderation from last year but bode well for the Federal Reserve's goal of a soft landing for the economy. The Fed is likely to start cutting interest rates in September. However, there is a fine balance to cool the labor market without causing unemployment. Government spending, business investment, and trade also contributed to GDP growth. Forecasters expect the economy to decelerate in the second half of the year due to a cooling labor market and slowing income growth.

Version 1.11 (2024-07-25 16:59:03.718000)

updates: US economy grew faster than expected in Q2

Version 1.1 (2024-07-25 16:19:38.803000)

updates: US economy grew at a faster rate in Q2, President Biden's response, concerns about labor market and inflation, analysts' expectations of a rate cut, recession spotters' frustration, China's reaction

Version 1.09 (2024-07-25 16:07:18.718000)

updates: US economy grew faster than expected in Q2; September rate cut still anticipated

Version 1.08 (2024-07-25 16:06:32.875000)

updates: The US economy grew faster than expected in Q2

Version 1.07 (2024-07-25 16:05:51.636000)

updates: The US economy grew faster than expected in Q2

Version 1.06 (2024-07-25 16:05:10.187000)

updates: The US economy grew faster than expected in Q2

Version 1.05 (2024-07-25 16:04:30.715000)

updates: New information on GDP growth, inflation, labor market, and interest rate cut

Version 1.04 (2024-07-25 16:02:21.256000)

updates: US economy grew faster than expected in Q2

Version 1.03 (2024-07-25 15:12:14.638000)

updates: Recession spotters frustrated, China's panic

Version 1.02 (2024-07-25 15:10:30.083000)

updates: The US economy grew faster than expected in Q2

Version 1.01 (2024-07-25 15:06:47.048000)

updates: The US economy grew at a 2.8 percent rate in the second quarter, which was higher than analysts expected; The growth rate of 2.8 percent exceeded analysts' expectations; The US economy's growth rate in the second quarter was higher than anticipated by analysts

Version 1.0 (2024-07-25 15:06:02.926000)

updates: The US economy grew faster than expected in the second quarter of 2024, expanding at a robust 2.8% annualized rate, surpassing economists' predictions of a 2.0% increase. Inflation subsided in the second quarter, leaving expectations of a September interest rate cut from the Federal Reserve intact.

Version 0.99 (2024-07-25 15:05:17.666000)

updates: US economic growth exceeded expectations in Q2

Version 0.98 (2024-07-25 15:03:12.342000)

updates: Includes specific details about the components of economic growth in Q2, personal income and saving, and President Biden's response

Version 0.97 (2024-07-25 15:02:17.947000)

updates: The US economy grew by 2.8% in Q2, exceeding forecasts

Version 0.96 (2024-07-25 14:37:14.488000)

updates: US economic growth exceeded expectations in Q2

Version 0.95 (2024-07-25 14:36:12.770000)

updates: September rate cut still expected despite strong GDP growth

Version 0.94 (2024-07-25 14:35:30.137000)

updates: Inflation subsided in Q2, expectations of interest rate cut

Version 0.93 (2024-07-25 14:24:09.363000)

updates: US economy exceeds expectations with 2.8% Q2 growth

Version 0.92 (2024-07-25 14:23:33.264000)

updates: US economic growth accelerates in Q2, inflation slows

Version 0.91 (2024-07-25 14:15:35.355000)

updates: US economy grew much faster than expected in Q2

Version 0.9 (2024-07-25 13:04:49.973000)

updates: US economy grew at 2.8% rate in Q2, inflation eased

Version 0.89 (2024-07-25 13:03:54.142000)

updates: Updated information on US GDP growth, inflation, interest rates, labor market, retail sales, and personal consumption expenditures price index

Version 0.88 (2024-07-25 12:59:40.521000)

updates: US economy grew at 2.8% rate in second quarter

Version 0.87 (2024-07-23 02:59:18.840000)

updates: Updates on US GDP, PCE inflation, and July FOMC meeting

Version 0.86 (2024-07-23 00:04:10.820000)

updates: US inflation is abating, supporting case for Fed rate cuts

Version 0.85 (2024-07-21 23:57:55.581000)

updates: US economic growth picks up in Q2, Fed expected to cut rates

Version 0.84 (2024-07-21 15:05:42.709000)

updates: Updates on US inflation and Federal Reserve's rate cut expectations

Version 0.83 (2024-07-21 11:57:54.366000)

updates: Updates on US economic growth, unemployment, inflation, borrowing costs, German business survey, UK services sector inflation

Version 0.82 (2024-07-19 21:00:40.270000)

updates: Updated information on US interest rate cuts and consumer spending

Version 0.81 (2024-07-18 19:00:53.027000)

updates: Updates on US inflation and economic outlook

Version 0.8 (2024-07-18 18:13:00.111000)

updates: Economic outlook improves, concerns about Trump's policies

Version 0.79 (2024-07-16 18:59:24.826000)

updates: Integration of new information about the decline in the US Consumer Price Index and its implications for a potential Federal Reserve rate cut

Version 0.78 (2024-07-15 14:59:45.814000)

updates: Integration of additional information about the easing of inflation in the US economy and the Federal Reserve's monitoring of inflation

Version 0.77 (2024-07-14 19:56:08.335000)

updates: US inflation eases in June, raising hopes for a Federal Reserve rate cut

Version 0.76 (2024-07-14 11:56:11.776000)

updates: US inflation eases in June, raising hopes for a Federal Reserve rate cut

Version 0.75 (2024-07-14 03:57:45.563000)

updates: US inflation eases in May, Federal Reserve considers interest rate cut

Version 0.74 (2024-07-13 13:54:29.460000)

updates: New information about NYC's high inflation rate and potential for further price rises

Version 0.73 (2024-06-17 17:59:09.878000)

updates: Updates on the murder case in Bellingham and the investigation into Boeing 737 Max

Version 0.72 (2024-06-13 20:53:43.748000)

updates: New information about falling prices in some parts of the US economy

Version 0.71 (2024-06-12 23:58:35.331000)

updates: Integration of information about Bitcoin surge and its impact on financial markets

Version 0.7 (2024-06-12 23:53:32.926000)

updates: Inflation eases in May, Long Island sees persistent price pressures

Version 0.69 (2024-06-12 23:53:15.240000)

updates: US inflation eases in May, Long Island sees price pressures persist

Version 0.68 (2024-06-12 21:55:17.700000)

updates: Updates on US-Ukraine relations, Port of Baltimore, media coverage of Joe Biden, Tulsa Race Massacre, Pope Francis, and Howard Fineman's death

Version 0.67 (2024-06-12 20:53:43.478000)

updates: Updates on the current state of the US economy and inflation

Version 0.66 (2024-06-12 19:53:55.753000)

updates: US consumer prices remain steady in May, indicating a slight easing of inflationary pressures

Version 0.65 (2024-06-12 18:58:50.620000)

updates: Consumer prices in the US remained unchanged in May, with the Consumer Price Index (CPI) flat compared to the previous month. This brings the CPI's growth over the last year down to a 3.3% rate. Gas prices dropped by 3.6% in May, marking the largest monthly decline since November. The flat reading in May is the best monthly showing since July 2022. The Biden campaign sees the CPI report as evidence that Biden's economic policies are working. The report could make it easier for the Federal Reserve to justify cutting interest rates as early as September. The core CPI, which excludes food and energy prices, rose 0.2% in May and 3.4% over the last 12 months. Housing and insurance prices have led some to call for the central bank to cut rates. The report is seen as a pleasant surprise and gives hope for further inflation reduction.

Version 0.64 (2024-06-12 17:53:40.308000)

updates: Updated information on US inflation and rate cuts

Version 0.63 (2024-06-12 16:59:27.129000)

updates: US inflation remained steady in May, with consumer prices staying flat compared to the previous month. Mixed views on potential rate cuts later in the year. Scott Anderson, chief US economist at BMO Capital Markets, stated that 'restrictive monetary policy has more work to do'

Version 0.62 (2024-06-12 16:58:07.746000)

updates: US inflation eased to 3.3% in May, driven by rising rent costs

Version 0.61 (2024-06-12 16:55:34.768000)

updates: May inflation breakdown: Where are prices rising the fastest?

Version 0.6 (2024-06-12 16:53:08.212000)

updates: Incorporated additional details on inflation and rate decision

Version 0.59 (2024-06-12 16:52:51.830000)

updates: Incorporated details from Morningstar's May US CPI report

Version 0.58 (2024-06-12 15:53:28.757000)

updates: Updated inflation data for May and its impact on the Fed's rate decision

Version 0.57 (2024-06-12 15:53:05.372000)

updates: Updated information on US inflation in May and interest rate decision

Version 0.56 (2024-06-12 15:00:34.620000)

updates: Updated information on US inflation in May

Version 0.55 (2024-06-12 13:54:32.925000)

updates: US inflation eased in May, indicating potential decrease in price pressures

Version 0.54 (2024-06-12 13:53:33.005000)

updates: US inflation eases, potential decrease in price pressures

Version 0.53 (2024-06-11 23:56:30.808000)

updates: Includes information on the latest reading of the Consumer Price Index in May

Version 0.52 (2024-05-29 16:56:21.128000)

updates: Supply chain disruptions in New York State lead to price hikes and inflationary pressures

Version 0.51 (2024-05-16 16:53:39.926000)

updates: Inflation in producer prices and consumer prices in April

Version 0.5 (2024-05-16 12:54:47.249000)

updates: Includes information on US import/export prices in April

Version 0.49 (2024-05-15 06:55:23.081000)

updates: Additional details on US producer prices and inflation

Version 0.48 (2024-05-15 02:55:24.013000)

updates: US producer prices rise more than expected in April

Version 0.47 (2024-05-14 17:52:46.804000)

updates: US producer prices rise in April, but details offer some relief

Version 0.46 (2024-05-14 14:54:36.392000)

updates: US producer prices rise in April, but details offer some relief

Version 0.45 (2024-05-14 14:54:21.434000)

updates: US wholesale prices rose by 0.5% in April, higher than the expected 0.2% rise, raising concerns about interest rate cuts. The producer price index (PPI) jumped by 0.5% in April, marking a sharp increase from a revised 0.1% slowdown a month earlier. Wholesale prices rose at an annual rate of 2.2% for the 12 months ending in April, its highest level for a year and up from 2.1% the previous month. The rise in inflation is likely to lead the US Federal Reserve to keep interest rates at their 23-year highs for longer than previously thought. [9e8e468e]

Version 0.44 (2024-05-14 12:52:51.076000)

updates: US wholesale inflation hits highest rate in a year

Version 0.43 (2024-05-14 08:54:22.191000)

updates: US PPI figures, US NFIB report, and Fed Chair Powell speech in focus today

Version 0.42 (2024-05-13 19:56:25.907000)

updates: Inclusion of information about supplier prices and their potential impact on inflation over turbulent commodity markets and Middle East instability

Version 0.41 (2024-05-13 16:57:04.848000)

updates: Inclusion of information about supplier prices and their potential impact on inflation over turbulent commodity markets and Middle East instability

Version 0.4 (2024-05-13 15:59:39.247000)

updates: Updated information on US inflation data and other economic indicators

Version 0.39 (2024-05-13 15:58:40.389000)

updates: The potential impact of supplier prices on inflation in turbulent commodity markets and Middle East instability is a cause for concern. The Producer Price Index (PPI) and Consumer Price Index (CPI) reports are expected to show inflationary trends in the US economy. The PPI is predicted to increase to 2.2% in April, marking the third consecutive rise. The core PPI is projected to remain steady at 2.4% year-on-year. Commodity prices, influenced by geopolitical tensions in the Middle East, may drive a surge in the PPI. Oil prices have increased by 13% since the start of the year, while the broader commodity index is up 6% [9c42934f].

Version 0.38 (2024-05-13 00:55:59.382000)

updates: China's CPI inflation picks up in April, PPI lags

Version 0.37 (2024-05-13 00:54:46.734000)

updates: Updates on China's lending data and rate cut hopes, Indian inflation data ahead of US numbers

Version 0.36 (2024-05-12 22:53:00.094000)

updates: Updates on inflation data, tariffs, and global market landscape

Version 0.35 (2024-05-12 10:53:41.362000)

updates: Indian indices impacted by US inflation data and policy decisions

Version 0.34 (2024-05-12 09:52:16.414000)

updates: Added information about commodity traders monitoring US inflation and Fed speeches for policy easing clues

Version 0.33 (2024-05-12 08:53:02.683000)

updates: Updates on Indian market trends and economic indicators

Version 0.32 (2024-05-10 12:56:10.630000)

updates: Added information about US inflation data, consumer sentiment, and Walmart earnings

Version 0.31 (2024-05-10 07:55:52.633000)

updates: Includes information about consumer sentiment index, Chinese EV stocks, gold prices, and crude oil prices

Version 0.3 (2024-04-26 11:59:11.185000)

updates: The story has been updated to reflect the latest information about US stock futures rising ahead of the release of key inflation data.

Version 0.29 (2024-04-10 17:23:18.127000)

updates: Incorporated information about the US CPI data and its impact on the market

Version 0.28 (2024-04-10 13:18:39.230000)

updates: US stock futures sink after unexpected uptick in consumer prices

Version 0.27 (2024-04-10 13:18:12.194000)

updates: The Consumer Price Index's measure of inflation gave mixed signals, with prices growing 3.5% over the 12 months ending in March, higher than economists expected. The S&P 500 fell 1.34%, the Dow fell 1.17%, and the Nasdaq fell 1.45% in response to the inflation data. Traders' hopes of a rate cut in June also tumbled. Mortgage loan application volume increased by 0.1% for the week ending April 5, despite mortgage rates moving higher. Application volumes for mortgage refinancing were 10% higher compared to the previous week. Mortgage applications for home purchases declined 5%.

Version 0.26 (2024-04-10 12:20:06.257000)

updates: Added information about US stock futures and premarket trading

Version 0.25 (2024-04-10 11:21:07.874000)

updates: Updated information on U.S. stock index futures and inflation data

Version 0.24 (2024-04-10 10:21:21.029000)

updates: Dow futures hold near record high ahead of CPI report

Version 0.23 (2024-04-10 10:19:22.119000)

updates: Includes information on stock futures and earnings season

Version 0.22 (2024-04-10 10:18:49.570000)

updates: Inclusion of economists' expectations and the price of gold

Version 0.21 (2024-04-09 21:19:35.100000)

updates: Updates on the release of the US Consumer Price Index (CPI) and its impact on inflation and interest rates

Version 0.2 (2024-04-09 11:25:07.760000)

updates: Includes expert opinions on US inflation, economic outlook, and Federal Reserve's stance

Version 0.19 (2024-04-09 10:21:22.096000)

updates: US stock futures flat ahead of release of inflation data

Version 0.18 (2024-04-08 20:21:09.114000)

updates: New information on consensus forecasts for CPI data, comments from economists, and concerns about the US fiscal deficit

Version 0.17 (2024-04-08 13:21:06.121000)

updates: Updates on US CPI data and market reaction

Version 0.16 (2024-04-03 06:22:00.145000)

updates: Expert challenges US inflation measurement

Version 0.15 (2024-04-01 19:18:39.397000)

updates: Inclusion of concerns about the large US fiscal deficit and Ken Griffin's criticism

Version 0.14 (2024-03-28 18:17:40.762000)

updates: Updated information on US economy's performance in 2024

Version 0.13 (2024-03-21 00:18:37.370000)

updates: Updated information on US economy's post-COVID recovery and resilience

Version 0.12 (2024-03-07 17:36:18.440000)

updates: Federal Reserve Chair Jerome Powell highlights US as best performer among advanced economies [087ce3dd]

Version 0.11 (2024-03-05 13:18:45.217000)

updates: The United States serves as a beacon of economic resilience amidst global recessions

Version 0.1 (2024-03-04 14:17:55.872000)

updates: Updates on key economic indicators and GDP growth

Version 0.09 (2024-02-29 17:21:57.255000)

updates: The U.S. economy has rebounded and returned to its pre-pandemic growth trajectory, with real GDP growing by 2.5% in 2023, surpassing the growth rate of 1.9% in 2022.

Version 0.08 (2024-02-28 20:17:02.745000)

updates: The US was the only major advanced economy where growth rose in 2023

Version 0.07 (2024-02-27 23:17:08.969000)

updates: Integration of additional insights on the US economy's role in global growth

Version 0.06 (2024-02-27 21:18:05.279000)

updates: Challenges and nuances in the US economy's role in global growth

Version 0.05 (2024-02-26 18:18:42.765000)

updates: Economist Román projects a 2.6% growth rate for the American economy in 2024

Version 0.04 (2024-02-17 11:16:49.287000)

updates: Economist Román's bullish forecast for the American economy in 2024

Version 0.03 (2024-02-16 12:18:18.728000)

updates: Updated information on the US economic outlook for 2024-2034

Version 0.02 (2024-02-02 13:25:38.489000)

updates: Integration of new information about the US economy's surprising resilience in 2023

Version 0.01 (2023-12-23 15:00:53.756000)

updates: Updated information on US economy and corporate earnings

Version 0.0 (2023-12-01 19:43:38.074000)

updates: