by Stephen Roberts | 24 Nov, 2014 | Economic Weekly, Laminar Economist Stephen Roberts
For a more comprehensive round up of the week, listen to Stephen’s full report here. Fear of fading global economic growth dominated through much of November even though the world’s biggest economy, the United States, continued to show signs of stronger... by Stephen Roberts | 4 Nov, 2013 | Economics, Laminar Economist Stephen Roberts
September retail sales were much stronger than expected rising by 0.8% m-o-m (consensus +0.4%) and after the August gain was revised up to +0.5% from +0.4%. Over August and September retail sales have taken a marked turn for the better implying that the non-mining... by Stephen Roberts | 3 Jun, 2013 | Economics, Laminar Economist Stephen Roberts
Retail sales rose in April by 0.2% mom, just shy of market expectations (+0.3%) and after a revised 0.4% fall in March. By category, the stronger elements of the retail sales report were clothing and footwear stores, +1.8% mom; food retailers +0.5%; and restaurants... by Stephen Roberts | 30 May, 2013 | Economics, Laminar Economist Stephen Roberts
Q1 capex was weaker than expected, down by 4.7% qoq with mining capex down 6.2% qoq. Capex will detract about 0.6 pp from Q1 GDP, but there are other strong offsets from Q1 retail sales 0.6 pp and net exports 1.0pp. Q1 GDP ( out next Wednesday) is travelling around... by Stephen Roberts | 7 May, 2013 | Economics, Laminar Economist Stephen Roberts
Retail sales were weaker than expected in March, falling by 0.4% m-o-m (market consensus forecast +0.1%), although coming after very strong readings in January and February with each month up 1.3% m-o-m. Even with the weaker result in March the volume of retail sales...