- 56.4 in April vs. 62.9 in March; widespread drops in index components.
- Production is at the lowest level since July 2020.
- Employment remains below 50, indicating contraction for five straight months.
- Price paid continues to be at an elevated level.
Introducing
Winnie Tapasanun
in:Our Authors
Winnie Tapasanun has been working for Haver Analytics since 2013. She has 20+ years of working in the financial services industry. As Vice President and Economic Analyst at Globicus International, Inc., a New York-based company specializing in macroeconomics and financial markets, Winnie oversaw the company’s business operations, managed financial and economic data, and wrote daily reports on macroeconomics and financial markets. Prior to working at Globicus, she was Investment Promotion Officer at the New York Office of the Thailand Board of Investment (BOI) where she wrote monthly reports on the U.S. economic outlook, wrote reports on the outlook of key U.S. industries, and assisted investors on doing business and investment in Thailand. Prior to joining the BOI, she was Adjunct Professor teaching International Political Economy/International Relations at the City College of New York. Prior to her teaching experience at the CCNY, Winnie successfully completed internships at the United Nations. Winnie holds an MA Degree from Long Island University, New York. She also did graduate studies at Columbia University in the City of New York and doctoral requirements at the Graduate Center of the City University of New York. Her areas of specialization are international political economy, macroeconomics, financial markets, political economy, international relations, and business development/business strategy. Her regional specialization includes, but not limited to, Southeast Asia and East Asia. Winnie is bilingual in English and Thai with competency in French. She loves to travel (~30 countries) to better understand each country’s unique economy, fascinating culture and people as well as the global economy as a whole.
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Publications by Winnie Tapasanun
- USA| Apr 29 2022
U.S. Chicago Business Barometer Falls Back in April
- USA| Apr 26 2022
U.S. New Home Sales Fall for the Third Straight Month in March
- 763,000 units SAAR in March, a four-month low; upward revisions to February and January.
- Sales drops are widespread in all the major regions, especially in the South.
- Median sales price rebounds to a record high.
- USA| Apr 15 2022
U.S. Empire State Manufacturing Index Rebounds in April
- Business activity improves noticeably in New York State, w/ the General Business Conditions Index up 36.4 points to 24.6.
- Inflation pressures continue w/ prices paid up 12.6 points to 86.4, a record high.
- Future optimism wanes w/ the Future Business Conditions Index down 21.4 points to 15.2.
- USA| Apr 05 2022
U.S. ISM Services PMI Rebounds in March
- Economic activity in the services sector expands in March for the 22nd straight month.
- Rebounds in business activity, new orders and employment.
- Prices index rises to a near record high.
- USA| Apr 01 2022
U.S. Construction Spending Rises Less Than Expected in February
- Total construction gains for the 12th consecutive month; Jan. and Dec. revised up.
- Residential private construction rises for the seventh straight month, led by single-family building.
- Nonresidential private construction posts the smallest gain in eight months.
- Public sector construction falls for the third time in four months.
- USA| Mar 16 2022
U.S. Import and Export Prices Continue to Rise in February
- Import prices rise 1.4% in Feb. as fuel prices jump 6.9%.
- Excluding fuels, import prices increase 0.8%.
- Export prices advance a record 3.0% with both ag export prices and nonag export prices up 3.0%.
- General business activity at a four-month high and company outlook up but at a lesser extent.
- Production declines slightly, still suggesting above-average output growth.
- New orders growth holds steady, albeit at an above-average level.
- Current employment at a one-year low but still at an elevated level; future employment down slightly.
- Price received at a four-month high and price paid at a three-month high; both near record levels.
- USA| Feb 24 2022
Chicago Fed National Activity Index Rebounds in January
- January CFNAI at 0.69, a three-month high, indicates a pickup in U.S. economic growth.
- Two of four components decline slightly, but all four show positive readings.
- USA| Feb 18 2022
U.S. Retail E-Commerce Sales Rebound in Q4'21
- Sales +1.7% q/q, the third q/q gain in four quarters; +9.4% y/y.
- Increase in sales led by general merchandise (+75.5% q/q), partially offset by motor vehicles & parts (-0.8% q/q).
- Import prices increase 2.0% in Jan. as fuel prices jump 9.3%, the largest m/m gain since Oct.
- Excluding fuels, import prices rise a record 1.4%.
- Export prices jump a record 2.9% with ag export prices up 3.0% and nonag export prices up 2.9%.
- USA| Jan 27 2022
U.S. Pending Home Sales Unexpectedly Decline in December
- Pending home sales -3.8% m/m, the second straight monthly drop and the largest since April.
- The December index at 117.7, the lowest level since September.
- Sales fall m/m and y/y in all the major regions with the deepest fall in the West (-10.0% m/m; -16.2% y/y).
- USA| Jan 14 2022
U.S. Import and Export Prices Unexpectedly Fall in December
- Import prices decline 0.2% in December as fuel prices drop 6.5%.
- Excluding fuels, import prices rise 0.5%.
- Export prices fall 1.8% as nonagricultural export prices decrease 2.1%.
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