All Posts Tagged: U.S. dollar

U.S. Outlook: Industrial production ends 2017 on a high note

Scott Anderson
Chief Economist

December industrial production handily beat consensus expectations, increasing 0.9% in December.

young man in hardhat checking a reading at a large industrial workstation.Strong monthly gains were also seen in a number of manufacturing sectors from textiles and transportation equipment to food and beverage and machinery.

For more on this, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Jan. 19.

Key observations:

  • Industrialized production data reveal an 11% annualized gain in industrial production over the last three months of the year, a pace not achieved since the first months of the expansion.
  • The recently passed tax reform bill will only add to the demand for business equipment, which was already rising organically.
  • A weak U.S. dollar is making U.S. manufactured good more attractive globally, boosting U.S. exports and manufacturing production.
  • Accelerating global growth is also increasing demand from abroad.

 

Read my full report.

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U.S. Outlook: Light at the end of the tunnel

Scott Anderson
Chief Economist
Graph showing recent rise in S&P 500 stock price index

The hurricanes put a temporary hold on the labor market expansion for September, but the economic data released this week already point to a solid rebound in economic activity.

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Investment Insights: Excerpts from our April report

Wade Balliet
Posted by Wade Balliet
Investment Strategy

Global stock markets churned during the month of April alongside the ebb and flow of geopolitical risks around the world.

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U.S. Outlook: Interest rates hit the floor

Scott Anderson
Chief Economist
Graph showing global bond yields are near record lows

Today’s low market rates suggest a weaker global economic outlook, looser monetary policy, and more deflationary pressures ahead.

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Instant Analysis: The December jobs report

Scott Anderson
Chief Economist
Employees analyzing data in a business environment

The December jobs report underscores the resilience of the U.S. labor market recovery in 2014.

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