Commentaries

April 06, 2018

The U.S. PMI Manufacturing Index and ISM Manufacturing Index came in at 55.6 and 59.3 for March, respectively. Factory Order s remained strong in February, up 1.2% for the month. The U.S. PMI Services Index and ISM Non-Manufacturing Index came in at 54.0 and 58.8 for March, respectively. Finally, the U.S. Unemployment Rate remained at 4.1% for March.
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March 30, 2018

Fourth quarter 2017 U.S. Real GDP was revised higher, to 2.9% from 2.5%. The GDP Price Index came in unchanged at 2.3% (annualized) for the quarter. For February 2018, Personal Income was up 0.4%, with the PCE Price Index up 0.2%. Year-over-year, the PCE Price Index was up 1.8%. For March 2018, the Chicago Purchasing Manager's Index came in nicely expansionary, at 57.4.
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