Remove Economics Remove Forecasting Remove Manufacturing
article thumbnail

Retail sales exceed forecasts, underscoring solid 2024 economic growth

CFO Dive

Recent signs of vitality have prompted some economists to mark up growth forecasts, despite weakness in manufacturing and a hiring slowdown early in the summer.

article thumbnail

1st Quarter 2024 Economic And Market Outlook: Potential Increased Volatility, Threats To Economic Growth, And Equity Markets

Nerd's Eye View

Yet, by taking a measured look at factors driving economic activity and influencing behavior, advisors can help clients face risks they can't control and (hopefully) position themselves to take advantage of opportunities as they develop. Meanwhile, a smorgasbord of potential risks threatens economic growth's "soft landing" narrative.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Asia Pacific economic outlook remains bright

Future CFO

The Asia Pacific economic outlook is expected to remain bright in 2024 after a rapid expansion in 2023, said Rajiv Biswas, Asia Pacific Chief Economist at S&P Global Market Intelligence recently. Asia Pacific economic outlook: Medium-term According to Biswas, the region’s medium-term outlook is as follows.

article thumbnail

4th Quarter 2023 Economic And Market Outlook: Labor Market, Inflation, And Geopolitics

Nerd's Eye View

The sentiment is especially poignant when it comes to economic forecasting, as it's nearly impossible to get an accurate picture of the current state of the economy at any given moment. While the manufacturing sector (which makes up 'only' 8% of the U.S.

article thumbnail

China’s economic growth to stay above target: Fitch  

Future CFO

China’s economic growth would stay above target though recovery momentum fades, said Fitch recently. The manufacturing Purchasing Managers' Index, for instance, has been below 50 for the past three months, indicating contraction in manufacturing activity, while China’s exports fell by 12.4% in 2024 and 4.7%

article thumbnail

Indian economy on upward trajectory: NCAER's cites favorable above-normal monsoon forecast

CFO News

The NCAER's April 2024 Monthly Economic Review (MER) highlights the Indian economy's robust performance, citing a 16-year high in the PMI for manufacturing and record UPI transactions. With positive global forecasts and decreasing inflation, the economy looks poised for growth, though online hiring activity shows a slight moderation.

article thumbnail

Countries That Rely On Exports, Manufacturing Faring Better In Pandemic

PYMNTS

Companies that manufacture products are weathering the pandemic more easily than companies that sell services or experiences, The Wall Street Journal reported. WSJ cited International Monetary Fund gross domestic product (GDP) forecasts that show how much different countries' economies rely on the vulnerable service and accommodation sectors.