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18th Feb 2025 11:24USDaily Monitor

  • Average temperatures and snow cover were in line with seasonal norms last week, unlike in January.
  • Homebase data point to weak February payrolls, but they have become a poor guide; wait for better data.
  • Expect a low claims print today, but this week’s bad weather and DOGE job cuts will boost claims soon.

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Keywords for: 20 February 2025 US Monitor

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