While governments around the world have taken strides to pump up expenditures to keep economies going the consumer, largely, is still not on board, at least not in Europe. Total Euro-Area consumer spending is down by 0.3% in November [...]
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| Jan 06 2010EMU Orders Take A Step Back
Total orders in the EMU area have fallen m/m in October after six straight months of increasing. The Yr/Yr drop in orders is a still substantial 15.2%. Foreign orders Yr/Yr are off by 13.4% while domestic orders are off by 16.1%. Over [...]
- Global| Jan 05 2010
French Consumers Take A Step Back After Fourth Months of Improved Confidence
From its low point in mid 2008 France’s Consumer confidence is still making a long slow recovery. Its drop of one point in December does not signal an end to the climb which, although substantial, has only brought the index to the [...]
- Global| Jan 04 2010
Manufacturing Is Digging Out
The PMI indices for MFG from Markit show an ongoing improvement across the e-zone. The e-Zone index is still some 8.9 points from its cycle peak but it has risen by 18 points from its cycle low. Greece at 10.6 points above its cycle [...]
- Global| Jan 04 2010
Manufacturing Is Digging Out
The PMI indices for MFG from Markit show an ongoing improvement across the e-zone. The e-Zone index is still some 8.9 points from its cycle peak but it has risen by 18 points from its cycle low. Greece at 10.6 points above its cycle [...]
- Global| Dec 29 2009
Italian Business Confidence Advances...But Still Lags
Italian business confidence is shooting up strongly but still clings to relatively weak absolute readings. The level of the current reading stands in the 52nd percentile of the range of values occupied since October of 1996. But by [...]
- Global| Dec 29 2009
Italian Business Confidence Advances...But Still Lags
Italian business confidence is shooting up strongly but still clings to relatively weak absolute readings. The level of the current reading stands in the 52nd percentile of the range of values occupied since October of 1996. But by [...]
- Global| Dec 18 2009
UK Consumer Confidence Continues Backtrack
Consumer Confidence in the UK according to GFK has dropped again in December marking a two-month backtrack in the index. The current household financial situation is in the bottom 9 percentile of its range but the major purchase index [...]
- Global| Dec 18 2009
UK Consumer Confidence Continues Backtrack
Consumer Confidence in the UK according to GFK has dropped again in December marking a two-month backtrack in the index. The current household financial situation is in the bottom 9 percentile of its range but the major purchase index [...]
- Global| Dec 17 2009
UK Retail Sales Take A Sett Back In November But Cling To Trend Rise
UK retail sales volumes fell by 0.3% in November after having rise in October. Sales volumes have risen twice in the last three-months and seven times in the last 12-months. The three-month rate of growth has dipped below the six- [...]
- Global| Dec 16 2009
Japan's Service Sector Shows Improvement
Japan’s service sector as gauged by its tertiary sector index advanced in October after registering a drop in September. The index is down by 4.3 percent over 12-months compared to MFG and mining where the index is down by 14% over [...]
- Global| Dec 14 2009
EMU MFG Progress Hits The Skids.... More Questions Arise In Japan Despite Improved Tankan
Industrial output in EMU has backtracked. The 0.3% drop in October flattens out progress in the sector and leaves manufacturing IP flat in the fourth quarter compared to its level in Q3. Consumer goods output is off sharply in the new [...]
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