The EMU PMI rose to 54.3 in August from 53.9 in July. The sequential PMI averages show a steady but very slow upward march in the EMU total PMI. The current August manufacturing PMI is still below the three-month average. [...]
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| Sep 03 2015Euro Area Total Private PMI Gauge Moves Higher
- Global| Sep 02 2015
EMU Producer Prices Continue to Fall
The PPI headline shows a monthly drop of 0.2% in July and a year-over-year decline of 2.1%. Two of the three PPI components are declining year-over-year. Those two are consumer goods and intermediate goods. Capital goods prices are up [...]
- Global| Sep 01 2015
Manufacturing PMI Gauges Offer Little Optimism
Economic weakening is real. Oil tried to put on a brave face earlier this week. The rumors of some unspecified Saudi deal swirled. But in the end there is no Saudi deal. And global growth is weak, undermining the ability for any deal [...]
- Global| Aug 31 2015
EMU Inflation: Stuck Low
The EMU HICP gauge in August fell 0.1% m/m. The core measure ticked up 0.1% after a 0.2% July increase. Headline inflation has fallen month-to-month in two of the last three months. Sequential inflation from 12-month to six-month to [...]
- Global| Aug 28 2015
EU/EMU Indices Rise in August-Ho Hum
The EU index continues to run stronger than the EMU index in the EU Commission index framework. The overall EU index stands in the 70.1 percentile of its historic queue while the EMU index stands in the 61.4 percentile of its queue. [...]
- Global| Aug 27 2015
French Business Climate Holds Recent Gains
The INSEE business climate indicator was at 103 in August, the same level as July and May, compared with June's lower reading of 100. Through March of this year, the index has been fluctuating in a range of 99 to 100. In May, the [...]
- Global| Aug 26 2015
U.K. Retail Sales Perk Up
The CBI survey of UK retail sales advanced in August even though sales had been expected to weaken. And sales expected for the month ahead, September, have surged and stand above their 12-month average. U.K. sales in August posted a [...]
- Global| Aug 25 2015
German Ifo Rose in July But All Is Not Rosy
The German Ifo index rose in July by one point. Two of its four sectors also rose and two withered. Rising were manufacturing by 0.4 points and wholesaling by an eye-popping 6.6 points. Wholesaling includes the important German export [...]
- Global| Aug 24 2015
Finland's PPI Continues to Show Declines; Will World Events Accelerate It?
Finland's PPI was flat in July, but it is still falling at a 2.3% annual rate over three months. The index was up at a 2.1% pace over six months but lower by 1.1% over 12 months. Finland continues to experience downward prices [...]
- Global| Aug 21 2015
Euro Area Makes Some Progress; Flash PMIs Advance
The euro area showed some progress for its private sector in August. The EMU PMI advanced to 54.1 from July's 53.9. It's hardly a rousing gain, but it keeps some sense of upward momentum in the indicator. In August the EMU [...]
- Global| Aug 20 2015
German PPIs Get Up and Go, Got Up and Went; German PPI Remains Weak
The German PPI has reversed its course to higher rates of expansion to go dead flat in July. Manufacturing producer prices are flat. Ex-energy the manufacturing PPI is up by 0.1%. Indeed, over three months, the PPI is falling and [...]
- Global| Aug 19 2015
Japan's Trade Deficit Continues to Be Nettlesome
The chart shows that after a period of deficit narrowing, there is a re-imposition of a trend to having trade deficits widen over the last five months. However, a look in the table and at moving averages shows that deficits are lower [...]
- of355Go to 185 page