US economic activity is expected to ease in the first quarter, based on the median for a set of nowcasts compiled by The Capital Spectator. The current estimate reflects the softest quarterly gain in over a year, although the anticipated increase is still strong enough to keep the economic expansion alive in early 2020.
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Daily Archives: February 18, 2020
Macro Briefing | 18 February 2020
China to grant tariff exemptions on 696 US goods: Reuters
How fast will China’s economy rebound from coronavirus outbreak? Bloomberg
Coronavirus blowback could impact 50,000 firms, new research estimates: CNBC
Despite Brexit turmoil, UK employment rose in fourth quarter: Bloomberg
HSBC, Europe’s biggest bank, plans to cut 35,000 jobs: WSJ
German economic sentiment fell sharply in Feb, driven by coronavirus risk: ZEW
Apple doesn’t expect to meet quarterly revenue target due to coronavirus: BBG
WTO’s trade barometer anticipates “further weakening” of trade in Q1: WTO
