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17th Mar 2025 10:24USDaily Monitor

  • We are tracking consumption growth of about 1½% in Q1, after February’s retail sales data...
  • ...Most real-time indicators look solid, despite lower confidence, so March spending likely will rise too.
  • Look today for a 0.6% rise in February manufacturing output, but surveys point to trouble ahead.

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Keywords for: 18 March 2025 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence