Logical Analysis Report

Key Focus

  • The unemployment rate continues to remain below 4%, ticking down to 3.8% in March.. . Wage growth, which continues to deliver solid gains for workers, is another part of the picture. When factoring in the effects of inflation, average hourly earnings in March increased 0.7% compared to the prior year, according to the Bureau of Labor Statistics ...
  • In fact, Morgan Stanley raised its forecast for average monthly job gains to 225,000 this year due to new population data that suggest immigration is expanding the available workforce. ...


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High Level Topics

  • GROWTH
  • GDP
  • SPENDING
  • ECONOMISTS
  • High Level Abstractions

  • GROWTH
  • ( GROWTH )  top
  • ( GROWTH, WORKFORCE )  top
  • ( GROWTH, WORKERS )  top
  • ( GROWTH, WAGE )  top
  • ( GROWTH, UNEMPLOYMENT )  top
  • ( GROWTH, UNDERPINS )  top
  • ( GROWTH, TICKING )  top
  • ( GROWTH, SPENDING )  top
  • ( GROWTH, SCRUTINOUS )  top
  • ( GROWTH, POPULATION )  top
  • ( GROWTH, MARKET )  top
  • ( GROWTH, LABOR_STATISTICS )  top
  • ( GROWTH, LABOR )  top
  • GDP
  • ( GDP )  top
  • SPENDING
  • ( SPENDING )  top
  • ECONOMISTS
  • ( ECONOMISTS )  top
  • References

    • ( GROWTH )  top
    • ( GROWTH, WORKFORCE )  top
    •   topIn fact, Morgan Stanley raised its forecast for average monthly job gains to 225,000 this year due to new population data that suggest immigration is expanding the available workforce.
    • ( GROWTH, WORKERS )  top
    •   topThe unemployment rate continues to remain below 4%, ticking down to 3.8% in March.. . Wage growth, which continues to deliver solid gains for workers, is another part of the picture. When factoring in the effects of inflation, average hourly earnings in March increased 0.7% compared to the prior year, according to the Bureau of Labor Statistics
    • ( GROWTH, WAGE )  top
    •   top. The unemployment rate continues to remain below 4%, ticking down to 3.8% in March.. . Wage growth, which continues to deliver solid gains for workers, is another part of the picture. When factoring in the effects of inflation, average hourly earnings in March increased 0.7% compared to the...
    • ( GROWTH, UNEMPLOYMENT )  top
    •   top. The unemployment rate continues to remain below 4%, ticking down to 3.8% in March.. . Wage growth, which continues to deliver solid gains for workers, is another part of the picture
    • ( GROWTH, UNDERPINS )  top
    •   top... activity remains resilient, powered by consumers'ongoing ability and willingness to spend, even if they are being more scrutinous in the face of high prices," Daco wrote.. . . The robust labor market underpins that consumer spending, with growth in payrolls averaging close to 300,000 positions per month during the first quarter
    • ( GROWTH, TICKING )  top
    •   top. The unemployment rate continues to remain below 4%, ticking down to 3.8% in March.. . Wage growth, which continues to deliver solid gains for workers, is another part of the picture
    • ( GROWTH, SPENDING )  top
    •   top... powered by consumers'ongoing ability and willingness to spend, even if they are being more scrutinous in the face of high prices," Daco wrote.. . . The robust labor market underpins that consumer spending, with growth in payrolls averaging close to 300,000 positions per month during the first quarter
    • ( GROWTH, SCRUTINOUS )  top
    •   topeconomic activity remains resilient, powered by consumers'ongoing ability and willingness to spend, even if they are being more scrutinous in the face of high prices," Daco wrote.. . . The robust labor market underpins that consumer spending, with growth in payrolls averaging close to 300,000 positions per month during the first quarter
    • ( GROWTH, POPULATION )  top
    •   topIn fact, Morgan Stanley raised its forecast for average monthly job gains to 225,000 this year due to new population data that suggest immigration is expanding the available workforce.
    • ( GROWTH, MARKET )  top
    •   top... activity remains resilient, powered by consumers'ongoing ability and willingness to spend, even if they are being more scrutinous in the face of high prices," Daco wrote.. . . The robust labor market underpins that consumer spending, with growth in payrolls averaging close to 300,000 positions per month during the first quarter
    • ( GROWTH, LABOR_STATISTICS )  top
    •   topWhen factoring in the effects of inflation, average hourly earnings in March increased 0.7% compared to the prior year, according to the Bureau of Labor Statistics.
    • ( GROWTH, LABOR )  top
    •   topeconomic activity remains resilient, powered by consumers'ongoing ability and willingness to spend, even if they are being more scrutinous in the face of high prices," Daco wrote.. . . The robust labor market underpins that consumer spending, with growth in payrolls averaging close to 300,000 positions per month during the first quarter
    • ( GDP )  top
    •   top... Economic Analysis will release its first estimate of the inflation-adjusted gain in gross domestic product during the first quarter at 8:30 a.m. The consensus call among economists surveyed by FactSet is that GDP increased at an annual rate of 2.2%. The latest New York Fed Staff Nowcast points to 2.2% growth as well.
    •   topBut some forecasts point to another surprise. Goldman Sachs chief economist Jan Hatzius and his team are forecasting 3.1% annualized GDP growth. Meanwhile, the latest Atlanta Fed's GDPNow forecasting model, released Wednesday, predicts the U.S
    • ( SPENDING )  top
    •   topSee ( GROWTH , SPENDING )
    •   topWhen factoring in the effects of inflation, average hourly earnings in March increased 0.7% compared to the prior year, according to the Bureau of Labor Statistics.. . Beyond consumer spending, residential investment should also "modestly" boost first quarter GDP growth, wrote Citi economist Veronica Clark
    • ( ECONOMISTS )  top
    •   topeconomy over the past three months. But Thursday will provide a first look at the overall picture: Economists expect a quarter of fairly strong growth.. . The Bureau of Economic Analysis will release its first estimate of the inflation-adjusted gain in gross domestic product during the first quarter at 8:30...
    •   topThe consensus call among economists surveyed by FactSet is that GDP increased at an annual rate of 2.2%. The latest New York Fed Staff Nowcast points to 2.2% growth as well.