Euro Area industrial output rose in May but is back to its declining ways in June. The negative rates of growth are still diminishing to a decline of 4.8% over three months from -15.1% over six months and from -18% over twelve months. [...]
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| Aug 12 2009Euro Area Industrial Output Steps Back In June
- Global| Aug 11 2009
Japan Consumer Confidence Rises But Remains Short Of Being Even Neutral
Japan paradox - The paradox of Japan’s consumer confidence is that the index is over the 50 percent mark of its range. It also stands right at its average level of readings going back to 1988. Even so this is a diffusion index with 50 [...]
- Global| Aug 10 2009
French Output Begins To Stabilize
French industrial output in June has expanded by 0.3% m/m after rising by 2.8% in May, turning the three-month rate of growth positive. Capital goods and intermediate goods output lead the rise. The output of consumer goods is still [...]
- Global| Aug 07 2009
OECD LEIs Turn On A Green Light For Recovery
The OECD LEIs are now jumpin.’ The rise is strongly accelerating across OECD countries; even Japan whose indicator is still falling is seeing a substantial shift in its negative growth rate to a substantially diminished pace of [...]
- Global| Aug 06 2009
German Orders Surge Again
German new orders rose by 4.5% in June after rising by 4.4% in May. Orders are up and at a 42% annual rate over three-months and STILL they stand lower by 23.7% than they did one year ago. In the newly completed second quarter, orders [...]
- Global| Aug 05 2009
EMU Retail and Auto Sales: the Good and the Ugly
Sales fall -Retail sales fell in the Zone in June. While the growth rat of sales is not decaying further, retail sales volumes have been dropping at a pace of -2.5% to -2.2% over the past twelve months. The year-over-year pace for [...]
- Global| Aug 04 2009
All Producer Prices in EMU Still Under Downward Pressure
EMU producer prices (x-construction) ticked up in June but are still falling at an accelerating pace Year-over-year. Sector prices are weak and falling across the board on all horizons but the rate of descent is not gathering momentum [...]
- Global| Aug 03 2009
German Retail Sales Take A Dive - Without The Swan
The FACT: German ex-auto retail sales fell sharply in June, the second sharp drop in a row after posting a strong gain in April. THE REVERSAL: After a terrible January German non-auto retail sales have been on a nice strong recovery [...]
- Global| Jul 31 2009
EMU Inflation Rate Moves Lower
Inflation remains under control in the EMU region in July. Despite ECB concerns about inflation and German and other concerns about the degree of stimulus money supply growth remains very tepid in the EMU region and inflation [...]
- Global| Jul 30 2009
EMU Recovery Continues
BETTER: The EU commission indices for EU and EMU continue to show substantial progress. The EU index rose to 75.0 from 71.1 while the EU index rose to 76.0 from 73.2. The better showing in the EMU rise implies a better rise in the [...]
- Global| Jul 29 2009
Japan Retail Sales Remain Sour
Japan retail sales fell in June but June caps a three-month period in which sales have expanded. Still, in the quarter-to-date Japan’s retail sales are falling but only slightly. Over 12-months retail sales are off by about 3%, led by [...]
- Global| Jul 28 2009
Italy's Recovery In Confidence Continues... Still A Ways To Go
Confidence is UP! Consumer confidence in Italy is at its highest since November 2007. Still since January 1992 the reading stand is at the 40th to 41st percentile of its range and in terms of the ranking among all previous [...]
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