Business Cycle Indicators, Mid-March 2024

[ad_1] Industrial production near consensus, while manufacturing surprises on upside (+0.8% vs. +0.3% m/m). Here’s a picture of key indicators followed by the NBER Business Cycle Dating Committee, along with SPGMI’s monthly GDP (formerly from Macroeconomic Advisers and IHS-Markit). Figure 1: Nonfarm Payroll employment from CES (bold blue), from Philadelphia Fed early benchmark (teal), civilian … Read more

New 6-Month Singapore T-Bill Yield in Mid-March 2024 to be Lower at 3.75% (for the Singaporean Savers)

[ad_1] A Singapore Treasury Bill issue (BS24105X) will be auctioned on Thursday, 14 March 2024. If you wish to subscribe successfully, get your order via Internet banking (Cash, SRS, CPF-OA, CPF-SA) or in person (CPF) by 13th March. You can view the details at MAS here. In the past, I have shared with you the … Read more