CHART OF THE WEEK
The analysis of the Research and Investments team enclosed in a chart
Job market in the United States
In December, the number of new non-farm payrolls in the United States increased: what are the impacts for investment choices? The monthly report confirmed the health of the labor market. Employment is supporting consumption,
Activities in the United States
US PMI Activity Indexes were mixed in December: what are the impacts on investment choices? Manufacturing, which was already contracting, worsened, but Services, which is the bulk of the economy and was already expansionary,
Optimism of american small businesses
Small Business Optimism in the United States Improved in November: What Are the Impacts on Investment Choices? Small businesses are the ones that can benefit most from the Trump administration’s electoral programs of tax
American consumer confidence
In December, the US Consumer Confidence Index improved: what are the impacts for investment choices? Confidence is a prerequisite for consumption, which is the main driver of economic growth.
Consumer prices in The United States
In October, the growth rates of Personal consumption expenditure in the United States increased: what are the impacts for investment choices? The FED will not rush its process of normalizing rates.
Activities in The United States
US PMI Leading Activity Indices Improved in November: What Are the Impacts on Investment Choices? The pace of activity growth improves to the highest since April ’22 thanks to Services which make up the
