The major economies separate into two growth blocks
Kia ora,
Welcome to Tuesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
Today we lead with news the global expansion seems to be getting more uneven.
In the US, the good economic data keeps on coming. They reported a healthy PMI expansion in September, driven primarily by their service sector which is now expanding its fastest since March 2022.
And the Chicago Fed's National Activity Index surprised with an unexpected gain in August.
And because there is now less…
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