Industrial production in the European Monetary Union made a surprising decline in January. Yet, it only ticked down by 0.1% but that does mark two consecutive declines. Looking at manufacturing, we see a rebound of 0.3% in January [...]
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| Mar 12 2014EMU IP Drop Belies Widespread Strength
- Global| Mar 11 2014
Italy and Europe Turn the Corner on Growth- But Slowly
Italian GDP edged up ever so slowly in the fourth quarter, registering a gain of 0.3% at an annual rate. Public consumption was up in the fourth quarter along with capital formation while net exports were a positive contributor as [...]
- Global| Mar 10 2014
IP Holds On To Recovery Trend...Can It Last?
More countries in Europe reported industrial production with the net result showing an upswing in Europe. In January, only three of these early-reporting countries in the table showed declines in output. Finland's 4.6% drop was the [...]
- Global| Mar 07 2014
German IP Picks Up Strongly As Consumer Goods Lag
Germany's industrial production in January rose by 0.8%, continuing a string of advances. Over the last three months, industrial production is expanding at a sharp 13.9% annual rate. That's up significantly from a 5.9% annual rate [...]
- Global| Mar 06 2014
German Orders Recover and Show Strength
German orders returned to their expansion path in January. Orders rose by 1.2% in January after slipping by 0.2% in December. Foreign orders rose by 1% while domestic orders advanced by 1.6% in January. Foreign orders rose for the [...]
- Global| Mar 05 2014
Services Mostly Turn Higher in EMU
The services sector in the European Monetary Union improved in February, registering a diffusion value of 52.57, up from 51.57 in January. The 12-month average for the diffusion metric is 49.94. The euro area has progressed to a point [...]
- Global| Mar 04 2014
EMU PPI Is Softer Faster-Is That Good or Bad News in This Troubled Time?
EMU producer prices continue to crash and burn. While the European Central Bank has its focus on consumer prices using the Harmonized Index of Consumer Prices (HICP), the ongoing drop in PPI prices will give the ECB plenty of [...]
- Global| Mar 03 2014
EMU PMIs Back-off: Worried?
The peculiar case of the EMU slowdown: Just as everyone has begun to agree that the European Monetary Union (EMU) is in a state of recovery, that recovery has begun to downshift. In Q4 much of the euro area emerged from a long, [...]
- Global| Feb 27 2014
EU and EMU Sentiment Rise in February
The EMU overall sentiment gauge and the reading on the EU overall rose in February. The sector readings for the whole of the EU show weakening consumer confidence in the month, a flat construction sector and a small rise in the [...]
- Global| Feb 26 2014
German Climate Improves
The estimate of German consumer confidence in March has moved higher, according to the research group GfK. At a level of 8.5 Germany's consumer climate was last higher in January 2007; it was above its current level for a period of [...]
- Global| Feb 25 2014
German GDP Affirmed EU Commission Ups Outlook
German GDP: German GDP was affirmed at a 1.5% annual rate gain in the fourth quarter. However Germany continues to have the same issues for which it has been criticized over the past year. One of the stronger components of German [...]
- Global| Feb 24 2014
German Economic Climate Improves as Expectations Sag
Economic climate continued to improve in Germany through February. However, the survey by the Ifo shows some cracks in the solidity of German growth. The climate index increased to 14.9 in February from 13.7 in January. Improvement [...]
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