Economy in Brief

The Mortgage Bankers Association reported that its total Mortgage Market Volume Index increased 4.6% last week (22.4% y/y). Purchase applications improved 6.6% (31.6% y/y). Applications to refinance gained 2.7% (13.7% y/y). The [...]

The U.S. foreign trade deficit in goods and services during May grew to $41.9 billion from $40.7 billion in April, revised from $40.9 billion. A deficit of $42.0 billion had been expected in the Action Economics Forecast Survey. In [...]

The U.S. foreign trade deficit in goods and services during May grew to $41.9 billion from $40.7 billion in April, revised from $40.9 billion. A deficit of $42.0 billion had been expected in the Action Economics Forecast Survey. In [...]

The U.S. foreign trade deficit in goods and services during May grew to $41.9 billion from $40.7 billion in April, revised from $40.9 billion. A deficit of $42.0 billion had been expected in the Action Economics Forecast Survey. In [...]

The job openings rate during May held steady at 3.6% as April's rate was revised lower from 3.7%. Both remained improved from the recession low of 1.6%. The latest was just below the series' high of 3.8% in January 2001. The job [...]

The U.S. foreign trade deficit in goods and services during May grew to $41.9 billion from $40.7 billion in April, revised from $40.9 billion. A deficit of $42.0 billion had been expected in the Action Economics Forecast Survey. In [...]

Germany's industrial production was flat in May, but it still carries momentum from the gains in earlier months. Still, the sequential growth rates show deceleration in overall output mostly due to decelerating output of intermediate [...]

Consumers have a strong interest in buying new vehicles these days, even though sales softened a bit in June. During the second quarter, sales rose to 17.15 million (AR), the highest level since Q3 2005. During June, however, sales of [...]