Half a million jobs at risk of vanishing in payroll revision
Even with a downward revision, average job growth would still be strong at around 300,000 payrolls a month.
Source: dailybreeze.com
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House Construction In USA: US housing starts surge in boost to economy, ET RealEstate
House Construction In USA: The sharp rebound in groundbreaking on single-family housing units reported by the Commerce Department on Wednesday was another sign of the economy continuing to defy dire forecasts of a recession.
Source: indiatimes.com
US trade deficit narrows as imports drop
Imports fell to the lowest level in more than 18 months, signalling a potential slowdown in business investment and overall domestic demand.
Source: afr.com
Daily FX 01.08.23 News: August Liquidity Concerns Key Risk To Pound Sterling Vs Dollar, Euro
Daily FX 01.08.23 News: August Liquidity Concerns Key Risk to Pound Sterling vs Dollar, Euro
Source: exchangerates.org.uk