In January the European monetary Union's service sector index moved up sharply. Improvement was seen across most of the euro-Area. France and Italy are exceptions. In France the services PMI index fell to 43.57 from a value of 45.19 [...]
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 05 2013European Services PMIs Recover, But...
- Global| Feb 04 2013
EMU PPI Settles Down, Even if EMU Doesn't
EMU PPI trends appear to be stabilizing on top of the target pace for the HICP. The ECB has not formal target for the PPI. But its 2.1% on muted momentum seems like something the ECB would be pleased with -even its German [...]
- Global| Feb 01 2013
European MPIs: JAWS!
The chart shows the latest twist in EMU. The recent observations plot a picture that looks like a snake with its mouth open, sticking out its green tongue. We have achieved this graphic design without using members from the periphery [...]
- Global| Jan 31 2013
Beyond Japan's IP Rebound...
Japan's index of industrial production rebounded strongly in December rising 2.5% after falling by 1.4% in November. Three-month growth rate is now up to an annual rate of 11.6, up sharply from a contracting -7.8% pace over 6-months [...]
- Global| Jan 29 2013
German Confidence Edges Up
German consumer confidence edged higher in February according to the forward-looking GFK index. While the expectations sub index edged up only slightly several of its components rose significantly. Overall Germany's index rose to 5.8 [...]
- Global| Jan 24 2013
Flash PMIs Improve in Europe
The EMU MFG and Services PMIs are continuing to move higher. BOTH sets of indices point to ongoing declines in output for MFG and for services, respectively. But the pace of the contraction is slowing. It's the highest MFG and [...]
- Global| Jan 22 2013
Zew Expectations Surge!
The Zew index jumped in January in keeping with improved perceptions of conditions in the euro-Zone. German elections are still in train and a recent local loss of support for Merkel in Lower Saxony to the center-left may make her [...]
- Global| Jan 18 2013
European Orders Continue to Drop
European manufacturing continues to weaken. The 12 month percentage change in orders is substantially lower for all the countries listed in the table than it was at this time one year ago. . When we compare the year-over-year [...]
- Global| Jan 18 2013
European Orders Continue to Drop
European manufacturing continues to weaken. The 12 month percentage change in orders is substantially lower for all the countries listed in the table than it was at this time one year ago. . When we compare the year-over-year [...]
- Global| Jan 17 2013
Japan Sector Indices Flounder
The incoming data from Japan underline why Japan is finally trying to get something going to move its economy ahead. It's not that the current economic progress is glacial; it's that the economy is still weakening. The sector indices [...]
- Global| Jan 11 2013
European IP Still Declines
The Q4-to-date column (far right in table) is a telling statistic about the condition of Europe. The current level of the respective IP indices as a centered growth rate over the Q3 base shows that IP is declining across all these EU [...]
- Global| Jan 10 2013
Sweden Locks Into Slowdown
In the chart there is a perception of Sweden possibly being led toward recovery by foreign orders which are not as weak as for domestic orders or as weak as industrial production. But on the shorter intra-year view, the sequential [...]
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