Recent Updates
- Israel: Average Housing Prices (Q2)
- Japan: NCI Economic Activity Index (Aug)
- US: NAHB/Wells Fargo Housing Market Index (Aug)
- Canada: Wholesale trade, MSIO (June)
- Pakistan: Foreign Currency Deposits and Utilization (JUL)
- more updates...
Economy in Brief
U.S. Housing Affordability Declines Further in June
The NAR Fixed Rate Mortgage Housing Affordability Index fell 3.6% in June...
EMU Output Makes Solid Gain in June
The European Monetary Union posted a 0.7% increase for industrial output in June...
U.S. Producer Prices Fall During July; Core Increase Weakens
The Producer Price Index for Final Demand fell 0.5% during July...
U.S. Unemployment Claims Continue on an Uptrend
Initial claims for unemployment insurance filed in the week ended August 6 rose 14,000 to 262,000...
RICS Survey Points to More U.K. Housing Sector Weakness
The survey of housing market conditions in the U.K. continues to show strength in prices versus weakness...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
by Robert Brusca December 10, 2007
Industrial production in France was up strongly in October
showing a rise of 2.1%. In the past three months overall output is up
but without any real strong sector leadership. Auto sales are up
strongly in October. In the quarter to date output is up strongly over
its Q3 level expanding at an 8.1% annual rate. France follows the same
trend as Germany as its consumer goods output is lagging, falling by
2.1% so far in Q3. Capital goods output is up at a 6.9% annual rate in
Q4. Europe continues to show weak consumer demand/output and displays
an ongoing strong capital goods sector.
| French IP excluding Construction | ||||||
|---|---|---|---|---|---|---|
| Saar exept m/m | Oct-07 | Sep-07 | Aug-07 | 3-mo | 6-mo | 12-mo |
| IP total | 2.1% | -1.2% | 0.1% | 3.9% | 5.7% | 4.0% |
| Consumer goods | 0.4% | -1.5% | 0.9% | -1.1% | 3.3% | 1.6% |
| Capital goods | 1.0% | -1.0% | -0.1% | -0.3% | 7.0% | 4.0% |
| Intermediate goods | 1.9% | -0.9% | -0.6% | 1.6% | 3.5% | 3.9% |
| Memo | ||||||
| Auto | 6.9% | -4.0% | 1.3% | 16.5% | 6.9% | 5.7% |
