World Perspectives

Job Data from March

The March labor market report was released last week, and both the report and the revisions for prior months were positive news on the employment front. However, those holding out for a cut in interest rates may have to be more patient after the strong jobs numbers.  Nonfarm payrolls rose 303,000 in March, the largest increase in ten months, and the jobs for prior months were revised up by 22,000, reversing the general trend of negative revisions. Compare that to February which showed an increase in non-farm jobs of 275,000, beating the consensus pre-report estimate of 200,000. However, that report came with downward revisions of 167,000 to both the December and January initial estimates. That was the largest monthly downgrade for any...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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