The chart shows industrial production in the euro area has moved up sharply. It is beginning to challenge the growth rate of production in the United States -or at least it was. Despite this broad move higher by European output, in [...]
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| Feb 12 2014IP: Europe Plays Catch-up...Sort of
- Global| Feb 10 2014
EMU Nations' IP Is On Upswing; Is It Really?
In December we identify nine key members of the European Monetary Union and find that industrial output is falling. The overall euro area measure is not yet available. In December we find four output declines among these nine [...]
- Global| Feb 07 2014
German Trade Surplus: Big Stays Big
Germany, already with the largest current account surplus in the world, has posted a barely smaller trade surplus in December compared to November. In December both exports and imports shrank, with exports falling a bit faster. Year- [...]
- Global| Feb 06 2014
German Order Strength Fades in December
In December, German orders fell by 0.5%. Foreign orders rose by 0.4%, a deceleration from November's 2.3% gain. The real culprit in the weakness of orders, however, is domestic demand. German domestic orders fell by 1.6% in December [...]
- Global| Feb 05 2014
EMU Services Continue to Advance at a Slow Pace
The services reading for the euro area in January 2014 has been finalized at 51.57, up from 50.96 in December. Only two of the five European Monetary Union (EMU) members saw their services sectors backtracking in January; they were [...]
- Global| Feb 04 2014
EMU PPI Remains Weak, So Does Euro Area-Wide Inflation Generally
Inflation in the euro area continues to be mild. The total for the PPI-excluding-construction rose by 0.4% in December; that was a hearty pace by recent standards. However, it follows a 0.1% increase in November and the three-month [...]
- Global| Feb 03 2014
EMU Manufacturing PMI Advances Faster Than Industrial Output
The manufacturing PMI for the European Monetary Union (EMU) in January 2014 rose smartly to a level of 54.0 from 52.7 in December 2013. The index shows widespread increases for the countries in the table. Only three EMU members showed [...]
- Global| Jan 31 2014
Unemployment in the European Union
The unemployment rate dropped by a small margin in the European Union while it remained fixed at 12% in the European Monetary Union. However the numbers of unemployed are dropping relatively sharply in both the EU and the EMU. [...]
- Global| Jan 30 2014
EU Sentiment Tails as EMU Sentiment Rises
In January the overall sentiment indicator for the European Union (EU) fell while sentiment indicator for the European Monetary Union (EMU) rose. Still, in the monetary union there were numbers of countries that saw setbacks to their [...]
- Global| Jan 29 2014
Mixed Patterns for Money Growth
Money growth rates around the world have become somewhat mixed. Year-over-year growth rates in the United States and the European Monetary Union have slowed slightly while growth rates in the UK and Japan have been accelerating. The [...]
- Global| Jan 28 2014
Under Pressure, Italian Confidence Rallies A Bit
Italy's consumer confidence rebounded in January to 98 from a December low of 96.4. At this level the January reading for consumer confidence is still below its level of November 2013- not really much of a bounce. The level ranks in [...]
- Global| Jan 27 2014
Germany's Ifo Is Still Climbing
Germany's diffusion indices have been at it again as they improved in January compared to December. For business confidence it is the third straight month of month-to-month increases and it is the third straight month of increases for [...]
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