Economy in Brief: September 2019

Consumer credit outstanding surged $23.30 billion (5.2% y/y) during July after increasing $13.79 billion in June, revised from $14.58 billion. It was the largest increase since November 2017. A $16.0 billion gain had been expected by [...]

Japan has many surveys and economic indicators. It can be useful to look at the economy from many different angles and to get some reports that are very topical but not so detailed and others that are very detailed but not so topical. [...]

The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) was little changed during the last four weeks. The price index was down 11.8% y/y and remained at the lowest level since [...]

Job growth continues to decelerate. Nonfarm payrolls increased 130,000 (1.4% y/y) during August following a 159,000 July rise, revised from 164,000. June's increase also was revised lower to 178,000 from 193,000. A 163,000 August [...]

Germany's industrial output fell by 0.6% in July, having fallen for two months running. It has also fallen in three of the last four months with the only rise being a tiny 0.1% gain in May. This is a clear weak stretch for German [...]

Germany's industrial output fell by 0.6% in July, having fallen for two months running. It has also fallen in three of the last four months with the only rise being a tiny 0.1% gain in May. This is a clear weak stretch for German [...]

Job growth continues to decelerate. Nonfarm payrolls increased 130,000 (1.4% y/y) during August following a 159,000 July rise, revised from 164,000. June's increase also was revised lower to 178,000 from 193,000. A 163,000 August [...]

Manufacturers' orders rose 1.4% during July (0.3% y/y) following a little-revised 0.5% June gain. The Action Economics Forecast survey expected a 1.2% increase. Durable goods orders jumped 2.0% (0.6% y/y) after a 1.8% decline. The [...]