US personal income grew more than expected in September, but PCE inflation pressure remained, with the overall PCE price index hitting a one-year high. The data reflects the complexity of the US economy: income growth supports consumption, but inflation pressures persist. The future economic direction depends on multiple factors, including the labor market, inflation trends, and geopolitical risks.
The US Services PMI has grown for five consecutive months, albeit at a slower pace, with persistent price pressures. Sub-indices present a mixed picture, and industry performance is divergent. Experts interpret this as a return to trend, while businesses are concerned about policy impacts. Looking ahead, macroeconomic conditions, inflation, interest rates, policy changes, and technological innovation will collectively shape the development of the services sector.
U.S. retail sales data for February indicates resilience despite inflation and geopolitical risks. Apparel and building materials led the growth, while online sales saw a slight pullback but remain positive in the long term. The NRF forecasts continued growth for the year, but retailers must navigate challenges like inflation and supply chain disruptions. Embracing change and innovation is crucial for retailers to thrive in the evolving landscape. The data suggests underlying economic strength despite prevailing headwinds.
Despite high inflation, US retail sales grew in June, demonstrating consumer resilience. The report showed increases in both overall and core retail sales, but performance varied across categories. Experts note that while inflation erodes savings, consumers remain willing to spend. Looking ahead, omnichannel retail, personalized services, and sustainable development will be key trends shaping the future of the retail landscape. Consumers are adapting to the current economic environment, but the long-term effects of inflation remain a concern for retailers and economists alike.
Panjiva reports that U.S. container imports in February decreased month-over-month but increased year-over-year, with daily average imports reaching a new high, indicating a fully operational logistics network. Energy imports led the gains, while IT declined. Experts suggest the supply chain has adjusted, but inflation could reverse demand. Attention should be paid to macroeconomic trends, industry data, and risk management to flexibly adjust trade strategies.
The US Manufacturing PMI in April declined to 55.4 from March, but still marked the 23rd consecutive month of expansion, albeit at a slower pace. New orders and production indexes slightly decreased, while the employment index fell significantly. Supply chain bottlenecks and inflationary pressures persist, and businesses face labor shortages. Experts suggest this slowdown might be temporary, and the overall manufacturing sector remains robust. Going forward, it's crucial to address challenges and seize opportunities to maintain growth.
This article analyzes the latest economic data from the European market, including CPI for France and Germany, and Eurozone PMI. It also examines the dollar's rebound and the performance of stocks and precious metals. The analysis emphasizes the market's focus on US non-farm payroll and CPI data. Finally, it proposes a cautiously optimistic investment strategy in the current market environment.
U.S. Energy Information Administration data shows U.S. diesel prices have risen for four consecutive weeks, reaching $3.868 per gallon. This analysis delves into the reasons for the price increase, including crude oil price fluctuations, refinery capacity constraints, and increased seasonal demand. It explores the economic impact on industries such as transportation, agriculture, and construction, and discusses potential strategies for governments, businesses, and individuals to mitigate the effects. The continuous rise poses challenges across various sectors requiring proactive measures.
The US pet market demonstrates strong resilience, with an estimated per capita spending of $30 during the 2025 Christmas season, driven by practicality. Emotional connection and easing inflation are key supporting factors. The market exhibits a 'two-speed' characteristic, with both high-end and budget-friendly options thriving. Pet care shows promising prospects. However, Chinese sellers need to address tariff and competitive pressures, and choose high-quality e-commerce platforms to succeed in this dynamic market.
Goldman Sachs forecasts that US core CPI could rise by 0.6% if the US imposes tariffs on imports from Canada and Mexico. The report suggests the duration of these tariff policies is uncertain but unlikely to become a long-term feature. Existing inflationary pressures in the US persist, and the new tariff policies may exacerbate inflation. The impact depends on the scope and longevity of the tariffs, but Goldman Sachs believes the effect will be noticeable in the short term.
