The macroeconomic headlines published during the past
month were generally upbeat. The most obvious example was the revision of
2Q2014 real GDP
growth to 4.6 percent -- the best quarter-to-quarter improvement since
2Q2000, and the second best since the 2Q1982. Other positives included the
addition of 248,000 non-farm
jobs in September (with the prior two months revised up by 69,000 jobs),
and the unemployment rate’s 0.2 percentage point drop to 5.9 percent. Of
course, recent data releases were not universally positive, however. For
example, …
Click here to read
the rest of the October 2014 Macro Pulse
recap.
The Macro
Pulse blog is a commentary about recent economic developments affecting the
forest products industry. The monthly Macro Pulse newsletter summarizes the previous 30 days of commentary available on
this website.
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