For the second quarter as whole, industrial production is off in France at a 1% pace. This drop is led by weakness in auto output that has fallen at a 9.2% annual rate in the quarter. But the output of consumer goods and intermediate [...]
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 10 2007Industrial Production Slips and Slows in France
- Global| Aug 10 2007
OECD Leading Indicators Point the Way Higher
Upswing is widespread. The OECD area is on an upswing led by the United States. That is the message from the OECD leading indicators. It is a reassuring one in the face of global credit concerns and equity market meltdown. Indicators [...]
The UK trade balance has remained fairly stable through all this volatility. The shorter growth horizons show that export growth has started to pick up at a fast pace than import growth. Yr/Yr exports are off a bit more than imports, [...]
- Global| Aug 08 2007
French Imports Out Jump Exports
France trade deficit shrank in June compared to May but it still remained large. Quarter to quarter the deficit grew by 770mn. In Q2 French imports rose at a 12.1% pace compared to exports that rose by a scant 1.8% annual rate. The [...]
- Global| Aug 08 2007
Japan Core Machinery Orders Remain Lethargic
Foreign demand for core machinery orders has spiked up now and gain in Japan, but domestic demand has remained consistently weak. The three month spike in domestic machinery orders over three months is surprising. It mostly reflects [...]
- Global| Aug 08 2007
German Surplus in Trade Remained in June but was Narrowed Sharply by Surging Imports
German trade trends are showing sharp wild swings in their interval growth rates. The trends on the accompanying chart show a more stable longer pattern from early 2006 through early mid-2007 import trends worked lower. Export trends [...]
- Global| Aug 08 2007
Japan Economy Watchers Index in Steady Decline
Trends for Japans economy-watchers index have turned lower and remain in a downtrend after having made a local peak between February and April, depending on the series. Even this local peak is part of an ongoing downtrend for the [...]
- Global| Aug 07 2007
German IP Weakens as Orders Surge
For the full quarter total German IP is up by 0.3%. Construction is off by 31% at an annual rate in Q2, accounting for much of the drag. But MFG is up by 0.8% roughly the same as for consumer goods, intermediate goods and capital [...]
- Global| Aug 07 2007
German IP Weakens as Orders Surge
For the full quarter total German IP is up by 0.3%. Construction is off by 31% at an annual rate in Q2, accounting for much of the drag. But MFG is up by 0.8% roughly the same as for consumer goods, intermediate goods and capital [...]
- Global| Aug 06 2007
UK IP Restores Momentum
Year-over-year and six-month trends in UK IP are steady at a pacifistic 1%. But over the past three months UK IP has now accelerated strongly to a pace of just under 4% (at 3.6%). UK IP is up strongly in Q2 (see end of the table). The [...]
- Global| Aug 06 2007
Italy’s IP Growth Sinks
Unlike the strength in UK IP in June or the sharp rise in orders in Germany, Italys MFG sector is showing a broad-based slowing. Italys three-month growth rates by sector tell the story of a slowdown across the board. Overall IP [...]
- Global| Aug 03 2007
Euro Area Services Sector Points to Slow Down but Slower Slow Down
Service sector in clear slow down as the index drops from its peak. The slowdown in the services sector indicated by the NTC service sector index is, in its character, much like that in the MFG sector with only some small shifts in [...]
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