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 [...]
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 04 2014EMU PPI Remains Weak, So Does Euro Area-Wide Inflation Generally
- 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 [...]
- Global| Jan 24 2014
Italian Retail Sales Offer Very Slow Progress
Retail sales for Italy in November were flat, marking their best performance since August when sales also were flat. The last increase in Italian retail sales came in May 2013 with a 0.1% rise. Despite the fact that there was a better [...]
- Global| Jan 23 2014
EMU PMIs Continue Higher
The Markit PMI data in their flash incarnation showed an increase in the composite reading for the euro area in January. The composite rose to 53.16 from December's 52.06, marking only the second increase in a row. The composite [...]
- Global| Jan 22 2014
Italian Trade Improves...the Hard Way
Italy's trade surplus grew in November to ?3.8 billion from ?3.7 billion in October. The growing surplus- on the face of it- seems to be evidence that Italy's economy is growing and its competitiveness is improving. However, there is [...]
- Global| Jan 21 2014
ZEW Expectations Back Off in January
The ZEW index which is the result of a survey of financial experts in Germany revealed a slight back off and expectations in January compared to December. The back-office light, but again had been expected. The current conditions [...]
- Global| Jan 17 2014
UK Retail Sales Surge in Holiday Season
UK retail volumes had been strong all year long but in December sales really jumped. Retail sales rose by 2.6% in December alone. That offset two weak months and propelled sales up over three-months at a 7% annual rate. Sales have [...]
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