In April exports in the European Monetary Union (EMU) fell by 0.8% after rising by 2.6% in March. Also in April imports rose by 0.5% after falling by 1.2% in March. The trends are somewhat contrary to the monthly developments. Exports [...]
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 17 2013e-Zone Trade Surplus Shrinks but Stays Large
- Global| Jun 14 2013
French Retail Sales Continue Weak
French retail sales continue to be weak. In May retail sales volumes fell by 0.2% month-to-month with a rise of 5.1% in food sales blunting a drop of 2.8% in nonfood sales. Nonfood sales have fallen for four months in a row. The [...]
- Global| Jun 13 2013
EMU Inflation Continues to Wither or Plunge...
Inflation in the Eurozone rose by only 0.2% in May. Over three months the annual rate of inflation is only a 0.1% there was a steady deceleration in the growth rate of inflation from 12 months to six months to three months. Meanwhile, [...]
- Global| Jun 12 2013
E-zone IP Rises Despite Cross-Currents
E-Zone IP is accelerating, putting in surprising strength in April with a gain of 1%. It is on a steady run of acceleration and is up strongly in the quarter-to-date. Finland, Italy, Spain and Portugal are contrary showing [...]
- Global| Jun 11 2013
UK IP Slips in April
Industrial output slipped in April in the UK even as it showed signs of getting some traction. Consumer durables output dropped and intermediate goods output fell by a relatively sharp 2.1% in April. These drops were partly offset by [...]
- Global| Jun 07 2013
German IP Jumps and Soars Early in Q2
Capital goods output pushed German IP ahead, by rising by 4% in April and extending a streak of strong numbers. Overall German IP is up at a 15.1% pace over three-months (1.8% in April) and is on an acceleration tear (see table). [...]
- Global| Jun 06 2013
Run of Good News Ends as German Orders Back-Track
There was a 2.3% drop in real German orders in April compared to March. The drop wiped-out the March gain. And while that does take the glow off of some of the recent data that has been suggesting improvement or lesser downdraft in [...]
- Global| Jun 05 2013
Euro Area Services Edge Higher in May
In the European Monetary Union (EMU) the services sector improved to a reading of 47.24 from 47.01 in April. The rise in the May reading is minor and it still leaves the service sector in a contracting position in the Eurozone. [...]
- Global| Jun 03 2013
EMU MFG PMIs Head Higher
In May the manufacturing index for the European Monetary Union rose to 48.32 from 46.69. Month-to-month the manufacturing barometers improved for every country in the table. The greatest month-to-month gain was in Denmark which [...]
- Global| May 31 2013
EMU Unemployment Continues to Rise
Unemployment rates in April in the European Monetary Union continue to rise, as the overall EMU rate is moving up to 12.2% in April from 12.1% in March. The March rate was steady at the same pace as in February. Over three months the [...]
- Global| May 30 2013
EU Indices largely improve in May.
The indices of sentiment and confidence in the EU area, for the Monetary Union sub-set, as well as for their key individual members, showed surprising resilience and strength in May. The overall EU index rose as the sentiment index [...]
- Global| May 28 2013
EMU-Era Low in French Confidence
Household confidence in France took a sharp step down in May dropping to a level of 79 from a level of 83 in April. The drop this month in the INSEE survey index has fallen to its lowest level since the monetary union was formed. [...]
- of369Go to 243 page