Recent Updates
- US: Retail & Wholesale Trade Revisions, Advance Durable Goods (Apr)
- Bulgaria Services Turnover Index Rebased to 2015=100
- Turkey: Sectoral Confidence Indexes, Business Tendency Survey, Capacity Utilization Rates (May); Mozambique: BOP (Q1), Foreign Trade (Mar)
- Germany: Ifo Business Climate (May), Construction Orders, Employment, & Turnover (Mar)
- UK: Business Investment, GDP 2nd Release (Q1)
- Spain: PPI (Apr)
- more updates...
Economy in Brief
Step Back for German IFO Gauge
The IFO business climate gauge fell by 0.5% in May, marking two straight months of decline...
U.S. Existing Home Sales Decline While Prices Rise
The NAR reported that sales of existing homes declined 2.5% during April (-1.4% y/y) to 5.460 million units (AR)...
U.S. FHFA House Price Index Strength Wanes
The FHFA U.S. house price index ticked 0.1% higher (6.7% y/y) during March...
U.S. Initial Claims for Unemployment Insurance Rise
Initial unemployment insurance claims increased to 234,000 (-1.3% y/y) during the week ended May 19...
French Surveys Show Tilt to Weakness
The INSEE manufacturing survey shows a steady reading for industry climate in May...
Robert Brusca
Haver Analytics is pleased to bring Robert A. Brusca's comments on the state of the global economy to its clients.
Robert A. Brusca is Chief Economist of Fact and Opinion Economics, a consulting firm he founded in Manhattan. He has been an economist on Wall Street for over 25 years. He has visited central banking and large institutional clients in over 30 countries in his career as an economist. Mr. Brusca was a Divisional Research Chief at the Federal Reserve Bank of NY (Chief of the International Financial markets Division), a Fed Watcher at Irving Trust and Chief Economist at Nikko Securities International. He is widely quoted and appears in various media.
Mr. Brusca holds an MA and Ph.D. in economics from Michigan State University and a BA in Economics from the University of Michigan. His research pursues his strong interests in non aligned policy economics as well as international economics. FAO Economics’ research targets investors to assist them in making better investment decisions in stocks, bonds and in a variety of international assets. The company does not manage money and has no conflicts in giving economic advice.