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What's Happening? - Americas

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Please see below selected recent intelligence about the Americas. This is a synthesis of major recent developments at corporates, business schools, thinktanks, media, commentators, and other key influencers.

 

June 2016

 

 

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May 2016

 

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  • The US economy added 160,000 jobs in April. The unemployment rate was unchanged at 5%. Wages rose in the month and are now up 2.5% year over year.

 

 

 

 

 

 

 

April 2016

 

 

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  • The US economy added 215,000 jobs in March, above the slightly more than 200,000 expected by economists. The unemployment rate ticked up slightly to 5% from 4.9% as more people entered the workforce.

 

 

 

March 2016

 

 

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February 2016

 

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  • U.S. fourth-quarter GDP was unexpectedly revised upwards. The Commerce Department now thinks the economy grew at 1% versus the 0.7% originally reported. The US economy added 151,000 jobs in January. The unemployment rate fell to 4.9% - the lowest rate since early 2008. Wages also showed strong growth, rising 2.5% year over year - the biggest advance since mid-2009.

 

 

 

January 2016

 

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  • US manufacturers last month recorded their largest contraction in demand in more than six years as the strong dollar and low oil prices continued to drag on the economy. The Institute for Supply Management’s monthly manufacturing index slipped to 48.2 in December, marking the second month in a row that it had fallen below 50, the line between contraction and expansion. The reading was the weakest since June 2009 and marked the first time since the immediate aftermath of the global financial crisis that the US manufacturing sector has seen consecutive contractions.

 

 

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