The UK distributive trades survey shows a slowing of the UK economy. Sales are at a +13 from a year ago and at +7 for this time of year (Chart). Each of those figures is about at the midpoint of their respective ranges. Orders at -1 [...]
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 01 2007UK Distributive Trade Sector Shows a Slowdown
- Global| Oct 31 2007
German Retail Sales Show Unexpected Lift
German retail sales rose in September with downward revision to the earlier month showing a strong 2.3% rise in real ex-auto sales. The series is up by 5.1% from one year ago, a pretty good Yr/Yr rise. But in the third quarter this [...]
- Global| Oct 31 2007
UK Consumer Confidence Stays in a Downdraft
UK consumer confidence fell in October after dropping sharply in September. The index now resides in the lower 15 percentile of its range - a very poor standing. But the index is not without its paradoxes. Consumers rate their [...]
- Global| Oct 31 2007
Sentiment Slips but Flash Inflation Flares
Flash flare does not seem to be part of trend Wake up call or wrong number? The survey on flash inflation for the EMU region does not appear to be part of a trend. Indeed with the euro rising, the only real impulse to inflation right [...]
- Global| Oct 31 2007
EU Readings Still Strong…but FADING
EU readings still strong…but countries and sectors are slowing The accompanying chart shows the diminished lift in the aggregate EU sentiment index and the same result for the largest EMU nations. Only France is still showing Yr/Yr [...]
- Global| Oct 30 2007
German Wholesale Sales Falter Again
German real ex-auto wholesale sales fell by 0.3% in September after dropping by 0.8% in August. These declines blunted the sharp 1.3% gain in July that followed a rise of 0.6% in June. Around mid-year German wholesale sales seemed to [...]
- Global| Oct 30 2007
IFO Details Begin to Show Cracks…
The IFO indexes from Germany provide us with detail to their earlier release. The chart on the left shows that the EU indexes for Germany’s MFG sector track the result for the IFO. Both indexes are pointing lower with the IFO index [...]
- Global| Oct 29 2007
Japan Retail Sales Edge Back in Sept...Is Slowing Trend Still in Place?
Real retail sales surged in August but they fell in September. Still, the combination leaves retail sales net better off over the past two months. The Yr/Yr chart (real retail sales) shows that the downtrend that has been in place is [...]
- Global| Oct 29 2007
France's Service Sector Holds Its Strength
Readings are mostly firm, strong. France's service sector continues to claim strong readings. While Euro area and French manufacturing measures have softened, the service sector continues to post its strongest overall reading since [...]
- Global| Oct 29 2007
France's Service Sector Holds Its Strength
Readings are mostly firm, strong. France's service sector continues to claim strong readings. While Euro area and French manufacturing measures have softened, the service sector continues to post its strongest overall reading since [...]
- Global| Oct 25 2007
French Biz Climate Indicator Holds Mostly Steady
Frances industry survey from its statistical agency INSEE remains quite firm throwing off readings that are at the top one-third or higher of their respective ranges since 1990: Business climate, production, production trends, orders [...]
- Global| Oct 25 2007
IFO Survey Shows Weakness is Still in Train...but at Moderate Pace
The IFO survey shows its various sectors to be well off peak. The overall index did slip again in October from +7.5 to +7.1. MFG, construction, wholesaling and services slipped on the month with only retailing getting a boost, but a [...]
- of362Go to 338 page