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18th Nov 2024 18:37USDaily Monitor

  • Florida payrolls fell modestly in October, suggesting that the national trend is running close to 100K.
  • We are sticking to our forecast for a 250K rebound in November payrolls, consistent with a slowing trend.  
  • October's drop in housing starts was weather-driven, but the outlook for residential investment is dim.

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Keywords for: 20 November 2024 US Monitor

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