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28th Aug 2024 14:10USDaily Monitor

  • We look for little change in in initial jobless claims today, and a run of lower numbers this fall…
  • …Leading indicators have improved and the seasonals will help; but lower hiring will slow job gains.
  • The hit to growth from the rising trade deficit will be offset by boosts from inventories and investment.

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Keywords for: 29 August 2024 US Monitor

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