Economy in Brief: June 2012

The table above focuses on changes in the PMI indices for a number of key EMU and EU members. In May only Italy, Greece and Ireland did not register drops in their respective MFG PMI gauges. Over three months the EMU MFG PMI is lower [...]

Personal income increased 0.2% (2.8% y/y) in April after 0.4% March, which was unrevised from the initial report last month and modestly weaker than consensus expectations for 0.3%. The April rise included a 0.2% rise (3.2% y/y) in [...]

The May ISM Composite Index of industrial sector activity fell to 53.5 from an unrevised 54.8 in April. The decline compared to Consensus expectations for a slip to 54.0. A figure above the break-even level of 50 continued to indicate [...]

Difficulty in seasonally adjusting for the near-record winter temperatures may have been at work. Nevertheless, nonfarm payrolls grew just 69,000 last month following a downwardly revised 77,000 April increase, originally reported as [...]