U.S. Documents

US Publications

Below is a list of our US Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep

Please use the filters on the right to search for a specific date or topic.

Global Datanotes Weekly Monitor

PM Datanote: University of Michigan Consumer Sentiment, February

No winter blues for consumers

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: US Producer Prices, January

More disappointment, but no change in the trend or the fundamentals

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: US NAHB Homebuilders Survey, February

Homebuilders are enjoying lower rates

PM Datanote: Retail Sales, January

Are consumers starting to tire?

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: Industrial Production, January

Still in the doldrums, for now.

PM Datanote: Jobless Claims, February 10

Still benign, but likely not for much longer

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: Philly Fed Empire State, February

Positive, but not conclusive.

PM Datanote: Consumer Prices, January

An unpleasant surprise but not a game-changer, at all

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: NFIB Survey, January

The surging stock market fails to boost sentiment

Ian Shepherdson (Chief Economist, Chairman and Founder)US

12 February 2024 US Monitor Fiscal policy is likely to be a headwind for growth this year

The CBO projects a substantial drop in the federal budget deficit this year; a headwind to growth.
With households likely to slow the rundown of their pandemic savings too, weaker growth is a good bet.
The annual CPI revisions were modest, and leave the clear downward trend in place.

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: CPI Annual Seasonal Revisions

All that excitement for nothing.

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: Weekly Jobless Claims, February 3

Claims are still very low, but trouble ahead?

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: ISM Services Survey, January

Services sector maintains its momentum

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: US Employment, January

Head-scratching numbers kill March stone dead, and threaten May too

Ian Shepherdson (Chief Economist, Chairman and Founder)US

5 February 2024 US Monitor Whatever the truth about January jobs, the outlook for spring is much weaker

Whatever really happened to payrolls in January, leading indicators point to much slower gains in Q2.
The spike in hourly earnings likely reflects the mis-measurement of hours, not a rebound in the trend.
The January data have killed any chance of a March Fed easing, but we still expect the first cut in May.

Ian Shepherdson (Chief Economist, Chairman and Founder)US