Italian Production Italian industrial output in manufacturing rose for the third month in a row. The three-month annualized gain at 4.8% is just about the mirror image of the six-month decline at 5.4%. Over 12 months, Italian IP is [...]
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| Apr 13 2021Industrial Output in Italy and France and a Cursory ZEW Outlook
- Global| Apr 12 2021
EMU Retail Sales Jump, Regaining Some of the January Drop
February finds EU retail sales and motor vehicle registration rebounding after having logged even more severe drops in January. As a result, despite the substantial boost this month, retail sales and vehicle registrations are still [...]
- Global| Apr 08 2021
Total PMIs Gain Traction in March
The PMI readings for March show improvement again with the JPMorgan Global reading rising to 54.8 in March from 53.2 in February. While the virus stuck over a year ago battering the global economy, creating a sink hole in growth, and [...]
- Global| Apr 05 2021
Japan's Progress Is Confined to Manufacturing
PMI data are being finalized in step-wise fashion. The table below presents the most up-to-date PMI reading for all the entries in the table. Final PMI readings were issued today for the U.S. and Japan; the rest show the ‘flash' [...]
- Global| Apr 01 2021
Manufacturing PMIs Glow Hotter
Over 78% of the manufacturing PMIs in the table below show improvement in March compared to February. That's an extremely high proportion. On the timeline since January 2017, there is a good deal of improvement in train. Nine of the [...]
- Global| Mar 31 2021
EMU Inflation...A Reversal of Fortune?
EMU inflation in March and February is tranquil. But in the wake of a massive rise in January, calculated inflation rates for three-months and six-months are uncomfortably large. Year-on-year inflation in the EMU is just at 1.2%. That [...]
- Global| Mar 30 2021
Japan's Retail Sales Continue to Post Growth
Japan's retail sales, exports and employment trends continue to move higher and to point higher. But only employment shows a steady acceleration from 12-months to six-months to three-months, growing at successively faster rates on [...]
- Global| Mar 29 2021
Consumer Confidence Backtracks in Finland
Consumer confidence in Finland stepped back in March, dropping to a reading of -3 from -0.8 in February. The March reading has a 35.1 percentile standing among data back to 1998 but shows a substantial improvement from one year ago [...]
- Global| Mar 26 2021
IFO Indexes Move Sharply Higher But Are Still Lacking
The IFO indexes moved higher in March. The chart plots the indexes while the table presents sector results and aggregate gauges based on diffusion indexes. The graph shows a very strong gain in business expectations and a solid rise [...]
- Global| Mar 25 2021
German Confidence Points to an April Recovery But Is Still Quite Weak and the Virus Is Still on the Loose
The GfK German confidence gauge is still quite weak as it posts a headline reading of -6.2 (projected for April). This compares to an historic average reading of 5.2. Place the April reading in its range of values and the current [...]
- Global| Mar 24 2021
Europe's composite PMI Moves Strongly Higher-Shows Expansion Again
The Markit PMI 'flash' readings for March show improvement and for the most part - strong improvement - all up and down the line. Japan is the sole exception with a small improvement month-to-month based on small improvements in both [...]
- Global| Mar 23 2021
U.K. CBI Survey Shows Improving Industrial Sector...Will Virus Politics Interfere?
The U.K. CBI industrial trends survey shows a sharp improvement in orders in March. The total order reading jumped to -5 from February’s -24 as its sequential averages echoed the ongoing improvement in the sector. With that jump in [...]
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