UK order books are high, in the 96th percentile of their range of values since end-2000 in terms of the net balance readings of the CBI survey. Total orders are strong and exports are the highest seen in this seven-plus year period [...]
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| Mar 19 2008UK Order Books are "Full".…but for How Long?
- Global| Mar 18 2008
Italy’s Trade Deficit Widens: Complex Picture Emerges
Italy’s export and import rise in January and continue to show good momentum despite forecasts of slowing in the Euro Area and a continually rising euro. While MFG readings have showed slowing the export picture remains surprisingly [...]
- Global| Mar 14 2008
Inflation Flares Further in the Euro Area
The upward-revised headline EMU inflation rate leaves the ECB even more perturbed over events. While a tenth of a percentage point upward revision is no big deal, it makes the highest inflation on record since the Euro Area was formed [...]
- Global| Mar 14 2008
BoF Indicator Continues to be Weak
The Bank of France has put the logical spin on its survey as showing that growth continues. After a marked slowdown in French GDP growth in 4Q, the new BoF survey shows that activity has picked up somewhat, although the Industry [...]
- Global| Mar 13 2008
Japan's Industrial Sector Slows Down, Does the Economy?
Japan’s index of industrial output was revised lower. But the general growth trend remains in force. Year/year output trends are fairly stable at a moderate 2% or so rate of growth. Over six months, trends point lower; over 3 months [...]
- Global| Mar 13 2008
Japan Retail Sales: A Jump Then a Slowing
Japan’s seasonally adjusted headline sales spurted over six months then slowed over three months. The three-month slowdown however is at a slightly slower pace than year-to-year sales. On the quarter-to-date sales are better than [...]
- Global| Mar 12 2008
French Inflation Begins to Level Off in February
French headline inflation began to level off in February of 2008. The 12-month rate that rose to 3.2% in January from 2.8% in December held steady at that 3.2% pace in February. The ECB has a ceiling objective only for the inflation’s [...]
- Global| Mar 12 2008
Euro-Area IP Rebounds in January
In January Euro Area IP rose by a strong 0.9%. MFG output advanced at a 1.2% pace and even consumer goods output was strong with a gain of 0.8%. Consumer durables output led the advance within consumption with a rise of 1.9% in the [...]
- Global| Mar 12 2008
Japan GDP is Revised Lower
Japan’s GDP was revised lower in Q4 on weaker capital spending. Japan's gross domestic product increased a real 0.9% in the quarter during the October-December period, or 3.5% in annualized terms. That was lower than the original [...]
- Global| Mar 11 2008
RICS House Prices Continue to Drop to New Lows
The RICs survey by surveyors that tells the tendency of house prices to rise or fall is at its weakest level ever. The index is an up/down net balance reading and the balance of house prices falling is the largest negative excess over [...]
- Global| Mar 10 2008
ZEW Expectations Rise Again as Current Conditions Erode
The ZEW index continues to show erosion in the current conditions index but the forward-looking expectations portion of the survey is up for two months running. A year ago current conditions stood at 69.2 compared to 32.1 in March [...]
- Global| Mar 10 2008
Japan Machinery Orders Show Strength
Japan orders are showing signs of erratic rebound. Orders hit their cycle low early in 2007. Since then they have been rebounding irregularly. Foreign demand is showing the sharpest increase but the domestic/foreign order breakdowns [...]
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