US fades both at home and abroad
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.
And today we lead with news the fading of confidence in the US is spreading, but trailing the international reputation demise.
First up today, the widely-watched Chicago Fed's National Activity Index for the US fell in January from an upwardly revised result for December, suggesting American economic growth decreased to below trend. The personal consumption and housing categories, along with…
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