Recent Updates
- US: Employment Situation (Feb), Intl Trade (Jan)
- US: Establishment Survey Detail (Feb)
- US: Household Survey Detail (Feb)
- Canada: International Trade (Jan), Ivey PMI (Feb)
- Serbia: PPI (Feb)
- more updates...
Economy in Brief
U.S. Consumer Credit Outstanding Declines in January
Consumers reduced credit balances further in January...
U.S. Trade Deficit Widens to $68.2 Billion in January
The U.S. trade deficit in goods and services widened to $68.2 billion in January...
German Order Growth Gets Back in Gear Despite the Headwinds
German order growth is back in gear with total orders rising by 1.4% m/m in January...
U.S. Factory Orders & Shipments Rise Again in January
Manufacturing activity is strengthening. Factory orders rose 2.6% (2.8% y/y) in January...
U.S. Initial Unemployment Insurance Claims Rise Just 9,000
Initial claims for unemployment insurance rose modestly by 9,000 to 745,000 in the week ended February 27...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
by Robert Brusca June 29, 2020
The EMU indexes made sharp rebounds in June but are still weak in their respective historic queues of values. Construction has been the relative strongest sector at its 62.1 percentile and nothing else quite close to that. The next strongest reading is from consumer confidence that lies in its 19.6 queue percentile.
The country level percentile standings are also uniformly weak. All but two countries have rebounded month-to-month (Malta and Greece).
The sector rankings by country remain uniformly weak. Construction is consistently strong across countries. Services then industry are the weakest sectors. But the overall EU sentiment reading is the weakest of all because it is the confluence of weakness across sectors that is unprecedented.
