Economy in Brief

Euro Zone IP fell by 0.3% in September after dropping by 0.4% in August. Manufacturing IP also has been falling for two consecutive months. Although the EMU-Area MFG PMI is above the "boom-bust- line" of 50, IP in the Zone is falling. [...]

Initial claims for unemployment insurance held steady during the week ended November 7 at 276,000 (-6.1% y/y). The prior week's level was unrevised and the highest since the last week of September. The Action Economics Forecast Survey [...]

The job openings rate rose to 3.7% during September from 3.6% during August. The latest figure compared to 3.2% one year earlier and remained near the highest level of the economic recovery. The private sector job openings rate of [...]

The job openings rate rose to 3.7% during September from 3.6% during August. The latest figure compared to 3.2% one year earlier and remained near the highest level of the economic recovery. The private sector job openings rate of [...]

Lackluster performance within the factory sector has left industrial commodity prices under pressure. The industrial commodity price index from the Foundation for International Business and Economic Research (FIBER) deteriorated by [...]

Money supply growth in Japan steadied in October as M2 was up 0.2% after being flat in September and up by 0.5% in August. M3 growth was up by 0.1% and M1 growth gained 0.4% in October, but both series slowed compared to August only [...]

Inventories at the wholesale level rose 0.5% during September (4.5% y/y) following a 0.3% August increase. The rise was paced by a 1.3% jump (8.4% y/y) in furniture and a 0.5% rise (12.8% y/y) in automotive inventories.. Computer & [...]

Gasoline prices at the pump improved last week to $2.24 per gallon, up 2 cents from the prior week. Prices were down 24.0% y/y, they were 9.8% above the January low of $2.04. Haver Analytics constructs factors adjusting for the [...]