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NSA print appears weaker than forecast despite robust SA result, Anna Wong notes

NSA print appears weaker than forecast despite robust SA result, Anna Wong notes
NSA August weaker than forecast

Anna Wong highlights that the NSA data for August was actually weaker than anticipated, even though the seasonally adjusted (SA) figure appeared unusually strong.

She suggests that last month's apparent strength in the SA reading does not reflect the true underlying performance.

Wong previously noted that U.S. labor productivity growth could reach around 3 percent this year. She has also highlighted Aramco's approach to handling war risk insurance through its own tanker fleet. These recent comments add to her ongoing assessments of economic data and industry strategies.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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