Euro-Area orders are still falling year-over-year. As the chart shows the Yr/Yr drop is being steadily mitigated. Both foreign-sourced orders and domestic orders (in-region orders) are rebounding smartly after their recession-induced [...]
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| Nov 24 2009Euro-Area Orders Continue To Claw Their Way Back
- Global| Nov 23 2009
Euro Area Flash PMIs
The Euro Area FLASH PMIs are on the rise in November. The flash Services reading is at its highest reading since November 2007. The MFG index is at its highest since March 2008. It is the second consecutive MFG reading above 50 and [...]
- Global| Nov 20 2009
Italian and French Industrial Orders Are Up In September
Orders in Italy and in France were up strongly in September but on different causes. Both posted an orders rise in excess of five percent on the month. But Italy’s orders were boosted by a 7% gain in foreign orders; in France foreign [...]
- Global| Nov 18 2009
EMU Trade Balance Improves
The Confederation of British Industry survey shows industrial trends continue to make progress and cut their declining trends. Still the declining trends remain large and the degree of progress is slow although this month’s gain in [...]
- Global| Nov 17 2009
EMU Trade Balance Improves
The EMU trade surplus continued to grow as exports rebounded strongly from a lackluster August that saw them fall by 4%. In September exports are back up, and off to the races. Exports contribute to growth overallEMU exports now are [...]
- Global| Nov 13 2009
European GDP Turns Higher-But Disappoints
European GDP turned higher in Q3 but the results were generally less than expected. Among the early ‘flash’ GDP reporters France posted a small rise but it was the second rise in a row for France. Greece with always volatile results [...]
- Global| Nov 12 2009
EMU MFG Still Digging Its Way Out
MFG IP in the e-Zone rose in September laying a foundation for continued economic recovery. Over three months the annual rate of IP growth is now 1.9% compared to flat over six months and lower by 13.8% over 12-months. To be sure the [...]
- Global| Nov 11 2009
Japan Machinery Orders Dig Out
Japan’s machinery orders rose by 6% in September. Core machinery orders spurted by 10.5%. Foreign demand is the whole of the pickup as domestic orders fell by 5.4% while foreign orders rose by 25.9% both in September. The three month [...]
- Global| Nov 06 2009
Everybody Is Turning Higher Say OECD LEIs
In the OECD area everything is coming up roses. Some are more in bloom than others and some have more thorns than others but the OECD gave a very upbeat assessment to activity in the OECD areas. OECD leading indicators ... “point [...]
- Global| Nov 05 2009
Retail Sales Continue to Sag as Auto Registrations See Stimulus
Retail sales fell again in September in the e-Zone. Retail sales and vehicle registrations are on nearly opposite paths. Sales are still falling while vehicle registrations bolstered by an assortment of government programs have been [...]
- Global| Nov 04 2009
Service Sector In Europe Continues To Dig Out
The EMU services PMI rose for the fourth month in a row. The services index is above the 50 mark for the second month running. The services PMI is on a tear as it is surging up at least as fast as it had dropped in the recession. So [...]
- Global| Nov 03 2009
Selected Car Registrations In Europe
The auto sector is giving Europe a boost as incentive programs are still helping to stimulate sales. Only Italy and Spain have reported registrations for October but despite poor growth in both regions auto sales are growing in [...]
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