Greetings,
The United States: US commercial contractors reported increasing backlogs, which is a positive sign for construction activity.
Eurozone: The new round of TLTRO financing didn’t get many takers. But there is still plenty of time for banks to tap this cheap source of funding.
China: Companies continue to complain about regulatory uncertainty when doing business in China.
Global Developments: The OECD has downgraded its growth forecasts for the largest economies.
Food for Thought: The GDP by congressional district in 2008 vs. 2018:
Edited by Paul Menestrier
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