Economy in Brief: 2019

Industrial production declined 0.6% (+3.8% y/y) during January....... Manufacturing production declined 0.9% (+2.8% y/y) .... Industrial production and capacity data and US Population-Weighted Heating and Cooling Days are included in [...]

Industrial production declined 0.6% (+3.8% y/y) during January....... Manufacturing production declined 0.9% (+2.8% y/y) .... Industrial production and capacity data and US Population-Weighted Heating and Cooling Days are included in [...]

The Bureau of Labor Statistics reported that the total job openings rate increased to 4.8% during January and matched the record high. The job openings rate is the job openings level as a percent of total employment plus the job [...]

Headline: The EMU HICP for February gained 0.1%, the same as in January, after a 0.2% decline in December. These price trends signal that moderation remains the name of the game. Inflation is decelerating from an already modest 1.5% [...]

Industrial production increased a less-than-expected 0.1% (3.5% year-on-year) during February following an upwardly revised 0.4% decline in January (was -0.6%). The Action Economics Survey forecast 0.4% growth in February. [...]

Slow growth in industrial sector activity is ongoing. That's the message from the latest survey of factory sector activity in New York state. The Empire State Manufacturing Index of General Business Conditions fell to 3.7 this month [...]

Initial claims for unemployment insurance edged down to 223,000 in the week ended March 2 ........ Continuing claims for unemployment insurance receded to 1.755 million in the week ended February 23....... Data on weekly unemployment [...]

New home sales fell 6.9% to 607,000 during January following a December increase to 652,000, revised from 621,000. It was the lowest level of sales in three months. January sales of 623,000 had been expected in the Action Economics [...]