Reporting later than most EMU nations, Italy released industrial output figures for November showing that IP fell by a sharp 0.7% one month after October's 0.8% gain. Despite the relatively sharp drop, Italian overall IP trends are [...]
Introducing
Robert Brusca
in:Our Authors
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.
Publications by Robert Brusca
Global| Jan 14 2016Italy's Industrial Output Declines
- Global| Jan 13 2016
Euro Area IP Drops for Third Time in Four Months
EMU industrial production fell sharply in November, dropping for the third time in four months. Still, the year-over-year growth rate stands above 1% but the sequential path shows that IP growth is steadily decelerating in more recent [...]
- Global| Jan 12 2016
U.K. IP Contracts in November, Marking an Extended Period of Weakness
U.K. manufacturing industrial production fell by 0.4% in November, falling for the second straight month. Manufacturing output is falling by 1.3% over 12 months and falling by 0.4% over six months. Over three months, output is still [...]
- Global| Jan 11 2016
Canada's Housing Starts Grow Weaker
The global malaises, especially the knock-on effects of weak oil, have been hammering Canada, a natural resource-intensive goods economy. In December, housing starts are lower by 18.4% month-on-month, their sharpest one-month drop [...]
- Global| Dec 23 2015
U.K. Q3 GDP Rise Is Cut to 0.4% from 0.5%
U.K. GDP growth has been cut to 0.4% in Q3 2015 from what had previously been estimated at 0.5%. Growth also is steadily slipping with its annual rate dropping from 2.8% in Q4 2014 to 2.5% in Q1 2015, and to 2.3% in Q2 and now to 2.1% [...]
- Global| Dec 22 2015
GfK Confidence Set to Rise in January in Germany
German confidence is estimated to rise by the smallest measurable amount in January 2016. While this result is less than stunning, there is little that is more surprising at the moment than the notion that German consumer confidence [...]
- Global| Dec 21 2015
Japan's Sector Indices Rise
Japan's all-sector index rose in October but only stands in the 68th percentile of its historic queue of values, the same as the construction sector. As we have seen in Europe and in the U.S., the manufacturing sector lags badly. The [...]
- Global| Dec 18 2015
French PPI in November Rises 0.2%
The French PPI excluding construction rose by 0.2% in November after being flat in October and falling by 0.4% in September. The harmonized PPI also excluding construction rose by 0.1% in November after being flat in October and down [...]
- Global| Dec 17 2015
Germany's Ifo Backtracks on Mixed Components
Germany's Ifo business climate index backtracked in December to 10.4 from 10.9 in November. Still, the all-sector climate index stands in the 80.5 percentile of its historic queue of data. Among the components, manufacturing edged [...]
- Global| Dec 16 2015
EMU Flash Total PMI Slips in December- Little to Cheer
The chart shows the long flat performance of the EMU-wide services metric while manufacturing shows only a recent tendency to tick higher. The EMU has a composite PMI measure that is even with its six-month average but below its [...]
European car registrations are showing some strength in November as there are gains in four of five of the countries in the table plus a strong headline gain. Germany is lagging, where Volkswagen and its assorted name plates are [...]
- Global| Dec 14 2015
Japan's Tankan Is Unchanged But the Outlook Is Cut
Japan's large manufacturing firms, the bellwether group in the tankan report, showed an unchanged reading of 12 in Q4 2015. Nonmanufacturing firms showed an unchanged reading as well, but the overall total industry index ticked lower [...]
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