The rate of unemployment in the EMU fell to 11.5% in June from 11.6% in May. For the EU area the rate fell by one tenth of one percentage point as well to 10.2%. The gap between the highest (24.5%) and the lowest (5%) unemployment [...]
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| Jul 31 2014EMU Unemployment Falls
- Global| Jul 30 2014
EU Indices Take a Step Back in July as the EMU Reading Steps Up
The EU index of economic sentiment fell to 105.8 in July from 106.4 in June. The comparable index for the EMU economies rose by 0.1% to a lesser standing of 102.2. For the EU members in July the industrial index slipped slightly more [...]
- Global| Jul 29 2014
Spain's Retail Sales Sink in June
The chart shows how mightily Spain's retail sales have fallen. The chart plots an index of real retail sales; it is not a plot of a growth rate. We can see that, in recent months, sales are stirring, but also that they are only a [...]
- Global| Jul 28 2014
Italian Business Sentiment Tails Off
Both Italian business sentiment and consumer sentiment dipped in July. This comes at a time of irregular readings around the euro area. The new reading is for Italian business sentiment. It has dipped from 99.9 in June to 99.7 in [...]
- Global| Jul 25 2014
German Ifo Slips for Third Consecutive Month
Germany's Ifo index fell for the third straight month in July. The index fell to 8.6 from June's 11.8. In April it stood at 14.7; it has lost 6.1 points in four months. A number of German reports have been weak recently, ranging from [...]
- Global| Jul 24 2014
EMU Flash PMI Rises amid Sector Divergence; Mind the Gap!
The European Monetary Union's flash total private sector PMI rose to a level of 54 in July from 52.8 in June. That's the highest flash reading since April. The averages for 12 months, six months and three months show that progress has [...]
- Global| Jul 23 2014
French Business Climate Struggles
The French business climate indicator from the INSEE survey fell in July, continuing a streak of erosion. The indicator was last lower in September of last year. It sits in the 39th percentile of its historic queue of data back to [...]
- Global| Jul 21 2014
Italian Industrial Orders Slip in May
Italy's Industrial orders slipped in May after increases in back-to-back months. In May foreign orders fell hard while domestic orders slipped by just 0.2%. But the string of declines for domestic orders is longer. The consistency of [...]
- Global| Jul 18 2014
Canadian Inflation Ticks Higher; What Does It Say About the U.S.?
No man is an island; nor is any country (except in some cases literally). And even though the U.S. is geographically separated from most of its trading partners by large distances, it is influenced by events in their economies. But no [...]
- Global| Jul 17 2014
Car Registrations Back off in Europe and Raise Questions
Car registrations in Europe fell by 4.2% in June after a 1.4% decline in May. Over three months registrations are falling at a 4.2% annual rate, over six months they are falling at an 8.8% annual rate and over 12 months they are [...]
- Global| Jul 16 2014
Euro Area Trade Stumbles Ahead
Euro area exports rose in May by 0.6% as imports lagged slightly, rising by only 0.5%. As a result, the trade balance in the euro area saw a slightly larger surplus in May at ?15.29 billion. Exports are not strong across the board. [...]
- Global| Jul 15 2014
ZEW Expectations Continue to Sink
The ZEW index in June saw its current component backtrack for the first time in eight months while the expectations reading fell for the seventh month in a row. The current reading had improved for seven months in a row until this [...]
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