The Labor Market Conditions Index (LMCI) from the Federal Reserve Board includes 19 indicators of labor market activity, covering the broad categories of unemployment and underemployment. These include jobs, workweeks, wages, [...]
Global| Nov 07 2016U.S. Labor Market Conditions Index Improves
by:Tom Moeller
|in:Economy in Brief
Global| Nov 07 2016Cross Currents for German Orders and Elsewhere
Weakness in September German new orders fell across the board in September. Overall orders fell month-to-month by 0.6% as foreign orders fell by 0.3% and domestic orders fell by 1.1%. Year-over-year trends (see table and chart) show [...]
Global| Nov 04 2016U.S. Payroll Increase Fades; Earnings Growth Improves
Nonfarm payroll employment increased 161,000 (1.7% y/y) during October following revised gains of 191,000 and 176,000 in September and August. These had been reported as 156,000 and 167,000, respectively. A 174,000 rise in employment [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 04 2016U.S. Trade Deficit Narrows in September
The U.S. trade deficit in goods and services decreased to $36.4 billion in September from a marginally revised $40.5 billion in August. The Action Economics Forecast Survey expected a $38.7 billion deficit. Exports rose 0.6% (0.9% [...]
Global| Nov 04 2016Euro Area PPI Falls As Oil Unwinds Again
The euro area PPI fell in September after falling in August; it is now dropping by 1.6% year-over-year in September and logged its smallest drop since November 2014. Prices fell month-to-month in five of 13 of the EU countries in the [...]
Global| Nov 04 2016U.S. Payroll Increase Fades; Earnings Growth Improves
Nonfarm payroll employment increased 161,000 (1.7% y/y) during October following revised gains of 191,000 and 176,000 in September and August. These had been reported as 156,000 and 167,000, respectively. A 174,000 rise in employment [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 03 2016Challenger Survey Layoff Announcements Backpedal
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during October declined to 30,740 (-39.1% y/y) following September's increase to 44,324. It was the lowest level of job cut announcements since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 03 2016U.S. Factory Orders and Shipments Trend Higher
Manufacturing sector orders improved 0.3% during September following a 0.4% increase in August, revised from 0.2%. Three month growth rose to 8.4%. New orders for durable goods declined 0.3% (+1.4% y/y), which was revised from the [...]
by:Tom Moeller
|in:Economy in Brief
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