Macro Briefing | 2 October 2019

When does slowing US economic growth trigger a recession? Bloomberg
Today’s ADP employment report will be widely read after weak mfg data: CNBC
Atlanta Fed’s GDPNow model trims US Q3 growth estimate to 1.8%: Atlanta Fed
Global mfg activity continued to slide in September: IHS Markit
World Trade Organization lowers forecast for trade growth: WTO
US construction spending continued to decline in Aug in annual terms: MW
US Mfg PMI: output grew at a slightly faster but still sluggish rate in Sep: IHS Markit
US ISM Mfg Index fell deeper into contractionary terrain in Sep: CNBC