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.

Chartbook Datanotes Weekly Monitor

PM Datanote: US Industrial Production, March

Encouraging, but too soon to call a real recovery.

Oliver Allen (Senior US Economist)US

PM Datanote: Housing Starts, March 2024

Large fall is likely an Easter timing quirk; the trend still looks flat.

Ian Shepherdson (Chief Economist, Chairman and Founder)US

April 2024 - US Economic Chartbook

LABOR MARKET WARNING SIGNS ARE FLASHING RED…

…BUT CHAIR POWELL SEES NO “CRACKS”

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: US NAHB Index, April

Limited inventory of existing homes continues to help homebuilders.

Oliver Allen (Senior US Economist)US

PM Datanote: US Retail Sales, March

Consumption is still booming...for now.

Oliver Allen (Senior US Economist)US

PM Datanote: US Empire State Survey: Too volatile to make us fear a renewed downturn in manufacturing

Too volatile to make us fear a renewed downturn in manufacturing.

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: US Univ. of Michigan Consumer Sentiment, April prelim

Still high, but likely peaked

Ian Shepherdson (Chief Economist, Chairman and Founder)US

15 April 2024 US Monitor Inflation fundamentals are good; look forwards, not backwards

Slowing wage gains, normalized supply chains, and a shrinking money supply will constrain inflation…
…But anything can happen over periods as short as a few months, and the Fed is backward-looking.
March core retail sales appear to have been soft, capping a sluggish first quarter.

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: US PPI: Goods disinflation continues; margins and other services still sticky

Goods disinflation continues; margins and other services still sticky.

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: US Weekly Jobless Claims, April 6

Generous seasonals still depressing claims, but an uptrend is coming.

Oliver Allen (Senior US Economist)US

PM Datanote: US FOMC Minutes, March

Some downside growth risks recognized, but attention still mostly on inflation

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: US CPI, March

Ouch. June is now a much longer shot.

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: US NFIB Survey, March

Small businesses are struggling.

Oliver Allen (Senior US Economist)US

8 April 2024 US Monitor No softening yet in job growth, but Q2 likely will be very different

The initial March jobs numbers were even stronger than Homebase implied, but things can change…
...We’re sticking to our base-case view that payroll growth will slow markedly in the second quarter.
Monetary tightening works with long lags, and multiple indicators now point to slower hiring and rising layoffs.

Ian Shepherdson (Chief Economist, Chairman and Founder)US