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30th Sep 2024 17:19USDaily Monitor

  • Supply chains have enough flex for a one-week ports strike to have only a negligible impact on GDP...
  • ...But a more protracted walkout would weigh greatly on the manufacturing and retail sectors.
  • Manufacturing and residential construction payrolls both look likely to decline in the coming months.

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Keywords for: 2 October 2024 US Monitor

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