The National Federation of Independent Business reported that its Small Business Optimism Index remained unchanged during October following a slight uptick in September. The latest figure remained below the high of 100.4 in December. [...]
Global| Nov 10 2015U.S. Small Business Optimism Index Remains Steady
by:Tom Moeller
|in:Economy in Brief
Global| Nov 09 2015U.S. Consumer Credit Usage Grows at a Record Rate
Consumer credit outstanding surged $28.9 billion (7.1% y/y) during September following an unrevised $16.0 billion August rise. It was the largest increase in postwar history and lifted y/y growth to 7.1%. Expectations were for a $17.2 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 09 2015U.S. Labor Market Conditions Index Remains Weak
The Labor Market Conditions Index from the Federal Reserve Board includes 19 indicators of labor market activity, covering the broad categories of unemployment and underemployment. These include jobs, workweeks, wages, vacancies, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 09 2015Bank of France Indicator Jumps in September; Still Not Out of the Woods
The Bank of France indicator moved up to 98.7 in October from 97.8 in September. It is still below its long-term average of 100. Nonetheless, the pick-up in this indicator has the Bank of France looking for growth of 0.4% in Q4 2015, [...]
Global| Nov 09 2015U.S. Consumer Credit Usage Grows at a Record Rate
Consumer credit outstanding surged $28.9 billion (7.1% y/y) during September following an unrevised $16.0 billion August rise. It was the largest increase in postwar history and lifted y/y growth to 7.1%. Expectations were for a $17.2 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 06 2015U.S. Payroll Increase is Largest This Year; Earnings Strengthen and Jobless Rate Declines
The labor market exhibited unexpected strength last month. Nonfarm payroll employment increased 271,000 during October following revised gains of 137,000 and 153,000 during the prior two months. Together, revisions added 12,000 jobs. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 06 2015German IP Makes A Second Consecutive Drop
German IP drops for the second consecutive month in September. That pairs with a string of declines in real manufacturing orders to create a poor performance in September and a weak outlook ahead. This is not what the ECB had wanted [...]
Global| Nov 06 2015U.S. Payroll Increase is Largest This Year; Earnings Strengthen and Jobless Rate Declines
The labor market exhibited unexpected strength last month. Nonfarm payroll employment increased 271,000 following revised gains of 137,000 and 153,000 during the prior two months. Together, revisions added 12,000 jobs. The latest [...]
by:Tom Moeller
|in:Economy in Brief
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