Economy in Brief: 2019

In the EMU, both import and export gains were modest in January. Imports rose by just 0.3% while exports gained 0.8%, expanding the monthly surplus in January to 17.04 billion euros from 16.02 billion euros in December. The surplus [...]

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 [...]