The manufacturing PMIs in the EMU show a monthly reduction in the PMI for the EMU as a whole and declines in four of six early reporters. Only France is showing manufacturing contraction in July. The EMU has a percentile standing at [...]
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| Aug 03 2015Manufacturing PMIs in July
- Global| Jul 31 2015
EMU Unemployment Is Unchanged; There's Germany; Then There's Everyone Else
he EU unemployment rate is unchanged in June at 9.6%. The EMU rate is at 11.1%, also unchanged from the previous month. The unemployment rate is still falling in both the EU and the EMU over three months, six months and 12 months. But [...]
- Global| Jul 30 2015
EU Commission Indices Show Strength in July
The overall index for the EU moved to 106.6 in July from 105.5 in June to notch a 69.5 percentile standing for the EU countries. The EMU gauge rose by 0.5% to stand at 104 in July, posting a queue standing at its 60.5 percentile. The [...]
- Global| Jul 29 2015
German Consumer Sentiment Flat-Lines in August- and Nearly for Fifth Straight Month
The GfK consumer confidence climate measure was dead flat in August at a level of 10.1. It peaked at 10.2 in this cycle in June and registered 10.0 in April. It has been nearly flat since April with only minor variations. While the [...]
- Global| Jul 28 2015
Italian Consumer Confidence Continues Its Erratic Move Lower
Italy's economy is still under a great deal of pressure. While it has a large number of people wanting work, the number looking for work (a key ILO statistic to be considered unemployed) has dropped off sharply. It is not surprising [...]
- Global| Jul 27 2015
In EMU, No Acceleration in Real Money or Credit...and Global Growth Has Its Issues As Well
Year-over-year trends show both EMU money and credit on better growth paths after a lull from late-2011 to late-2013 for credit and from 2013 to mid-2014 for money. But the growth rates from the table of one year or less tell a story [...]
- Global| Jul 24 2015
EMU PMIs Falter in July: What Else Did You Expect?
The services sector continues to lead in terms of the value of the PMI in the EMU, Germany and France. And that goes a long way to explaining why Europe's recovery is still so weak with no fire under it. In July 2015, the EMU overall [...]
- Global| Jul 23 2015
Japan's Trade Shows Little Change
Japan's trade trends show little alteration over the last few months. Over that period, exports have grown year-over-year in a range from 5.5% to 8.4% while imports have declined by 3.9% to 5.8%. The trade gap has fluctuated between [...]
- Global| Jul 22 2015
French Business Climate Perks Up- Will It Stay Up?
French business climate in the Insee survey for July rose by two points to stand at an index value of 102, up from 100 (its average) in June. This two-point rise in climate is a gain only exceeded about 14% of the time, marking it as [...]
- Global| Jul 21 2015
Finland's Unemployment Problem Persists
Finland's economy has been depressed for the last four years. It is still struggling to shrug off the loss of a lot of logging-related business to other nations and the departure Nokia and related technology businesses. While the EMU [...]
- Global| Jul 20 2015
EMU Trade Surplus Drops
Exports and the EMU trade surplus fell in May. Exports fell by 1.5%. Imports were flat. The trade surplus fell to 21.2 billion euros in May from 23.9 billion euros in April. Exports fell on a broad front in May with manufacturing [...]
- Global| Jul 17 2015
Spain Shows Some Strength in Its Volatile New Orders
Spanish orders and shipments (turnover) show some strength in May, but sequential growth rates for both show some evidence of slowing. Orders popped in May, surging by 3.3% in one month. This was the strongest monthly gain since [...]
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