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 [...]
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 06 2007Italy’s IP Growth Sinks
- 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 [...]
- Global| Aug 03 2007
Euro Area Retail Sales Stay in Slowdown Mode
With Q2 data complete, at least preliminarily, Euro area retail sales are continuing to show lethargy. For the quarter as a whole, retail sales volumes are up by only 0.6% at an annual rate over Q1. This follows a 0.2% result in Q1. [...]
- Global| Aug 03 2007
NTC Shows Euro MFG is Slowing… but oh so slowly
The NTC MFG survey shows that among EMU members in the table only Austria and Greece saw their MFG sectors improve month to month in July. Over three months you can add The Netherlands to that list. Over six months while EMU-wide MFG [...]
- Global| Aug 03 2007
NTC Shows Euro MFG is Slowing… but oh so slowly
The NTC MFG survey shows that among EMU members in the table only Austria and Greece saw their MFG sectors improve month to month in July. Over three months you can add The Netherlands to that list. Over six months while EMU-wide MFG [...]
- Global| Aug 02 2007
PPI Trends Flatten Out and Decline Across EMU
Headline rise in June is +0.1% after +0.3% in May. Core trends pointing right directions but still at strong pace. While the ECB may be happy with the direction for inflation, the pace is nonetheless too high and the rate of reduction [...]
- Global| Jul 31 2007
French Household Confidence Reverses its Upswing
French household confidence stumbled by three points taking the aggregate reading to its lowest point since April of this year. The overall index resides near mid range among all values since 1990. Expected improvement in living [...]
The main IFO gauges show that while the current readings for IFO are still very strong, the current indices are trending lower. As index numbers the index for expectations hit a bit of a ceiling and has formed what is essentially a [...]
- Global| Jul 25 2007
Italy's Business Confidence Indicator Falls
Business confidence in Italy is still at a reasonably strong reading. The index fell this month to 93.3 from 95.9. The months drop is relatively sharp. The chart pattern for the index is much more ominous than for most EMU members. [...]
- Global| Jul 25 2007
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- Global| Jul 25 2007
INSEE Biz Index Holds its Ground: Uptrend Intact
The INSEE Biz index for French industry is still in its impressive uptrend. Yet it is only in the 74th percentile of its range and it is about 10% above its mean value. The index is off peak and while the trend is technically still in [...]
- Global| Jul 24 2007
EMU Orders Continue Strong
Despite the rising Euro EMU orders continue strong, at least through May. The Euro has not risen by that much this year on a trade weighted basis but it is still extremely strong on a weighted basis in terms of its level compared to [...]
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