EMU exports rose as imports fell in April, propelling the trade surplus to a gain over its March level. The surplus is now at a new high in this cycle. EMU exports are showing sequentially stronger growth rates with export growth over [...]
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| Jun 15 2015EMU Trade Surplus Expands in April
- Global| Jun 12 2015
Euro Area IP Slows to a Crawl in April But Holds to Solid Trends
Industrial production in the euro area has slowed to a crawl as ex-construction output rose by just 0.1% in April after a 0.4% decrease in March. Manufacturing output rose by a stronger 0.3% after a 0.2% March decline. Despite these [...]
- Global| Jun 11 2015
Portuguese Inflation Takes Hold
Inflation in Portugal is now rising sharply. Year-over-year inflation is still tepid, below 1% in both the HICP and National inflation definitions. But over three months, inflation is at a 4.5% annual rate on the HICP definition and [...]
- Global| Jun 10 2015
French Manufacturing Continues to Struggle
French industrial production has hovered around a zero annual growth rate for several years. May's 2.1% month-to-month drop leaves IP shrinking by 3.7% year-over-year. Sequential growth rates show that recent IP trends have become [...]
- Global| Jun 09 2015
Japan's Consumer Confidence Takes Small Step Back
Japan's consumer confidence index fell for the second month in a row. The confidence reading for May sits in the 48th percentile of its longer historic queue of data back to 1992. The raw reading of 41.4 is itself a diffusion reading [...]
- Global| Jun 08 2015
German IP Heads Higher
German capital goods sector turns sharply higher as the rest of IP continues to struggle. Industrial output rose by 0.9% in April after a 0.4% decline in March. Overall IP growth is advancing on all horizons with growth in a 3.4% to [...]
- Global| Jun 05 2015
German Orders Advance
German orders rose for the second consecutive month for the first time since October 2014. The rise was driven by foreign orders which gained 5.5% in April as domestic orders tanked, falling by 3.8% on the month, but that was after a [...]
- Global| Jun 04 2015
Emerging Economies Struggle Along with Everyone Else
The emerging market economies' consolidated PMI fell to 50.7 in May from 51.3 in April, dropping it to a 6th percentile standing in its historic queue of data since 2010. The overall reading's percentile standing is at 6.2% and is [...]
- Global| Jun 03 2015
Services Sector and Total EMU PMI Slip in May
The May EMU finalized PMI fell to 53.6 from 53.9 in April. Germany, Italy and Spain lost momentum. Only France showed improvement of its total PMI in May. The EMU has a queue standing of its overall PMI gauge in the 68th percentile in [...]
- Global| Jun 02 2015
Is Europe Really Gaining Momentum?
Through April, PPI prices in the EMU still are falling, but barely so. Monthly trends across member nations are mixed. The HICP, just reported, showed its first gain in six months, rising 0.3% year-over-year. In April, unemployment is [...]
- Global| Jun 01 2015
EMU Shows Little Manufacturing Momentum
The EMU manufacturing PMI in May edged up to 52.3 from 52.0 in April. The three-month average is barely crawling higher from 12-month to six-month to three-month. EMU momentum is barely identifiable. Germany show the same bare-bones [...]
- Global| May 29 2015
German Retail Sales Rebound in April
With the rebound in sales in April, trends in German retail sales show signs of stabilizing. Both six-month and year-over-year trends are starting to snake sideways at firm rates of growth. The three-month pace is still erratic. Real [...]
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