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Economy in Brief
EMU and Japan; EMU Flash PMIs Make Small Recovery
PMIs in June in the EMU area showed some respite from the steady decline in recent months...
French Manufacturing Gives Steady Signal As Services Edge Ahead
The French manufacturing sector gives a steady signal in June but at a level that is off-peak...
U.S. Leading Economic Indicators' Rate of Increase Eases
The Conference Board's Composite Index of Leading Economic Indicators improved 0.2% (6.1% y/y) during May...
Philadelphia Fed Factory Conditions Plunge
The Philadelphia Fed reported that its General Factory Sector Business Conditions Index retreated to 19.9 during June...
U.S. FHFA House Price Index Improves Minimally
The FHFA U.S. house price index nudged 0.1% higher (6.4% y/y) during April...
by Robert Brusca November 20, 2007
UK orders jumped to a net balance reading of +8 from -6 in October. The series has been somewhat see-saw as the chart on the left shows. Export orders, also showing some see-saw movement, are nonetheless rather better behaved and showing a clearer trend move lower. Output volume has been moving to lower readings but that net balance response continues to be at a firm, positive, +9. The price reading shows an unwelcome +21, its strongest reading in a while.
| UK Industrial Volume Data CBI Survey | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Reported: | Nov 07 |
Oct 07 |
Sep 07 |
Aug 07 |
12MO Avg | Pctile | Max | Min | Range |
| Total Orders | 8 | -6 | 6 | 9 | 2 | 98% | 9 | -40 | 49 |
| Export Orders | -4 | -9 | -2 | -3 | -4 | 87% | 3 | -50 | 53 |
| Stocks:Finished Goods | 14 | 14 | 7 | 9 | 10 | 57% | 26 | -2 | 28 |
| Output Volume: Next 3M | 9 | 10 | 17 | 13 | 16 | 66% | 28 | -28 | 56 |
| Avg Prices 4Nxt 3m | 21 | 14 | 16 | 16 | 17 | 93% | 25 | -30 | 55 |
