Japan's consumer confidence index fell for the second month in a row. The confidence reading for May sits in the 48th percentile of its longer historic queue of data back to 1992. The raw reading of 41.4 is itself a diffusion reading [...]
Global| Jun 09 2015Japan's Consumer Confidence Takes Small Step Back
Global| Jun 09 2015U.S. Small Business Optimism Improves to Five-Month High, Despite a Labor Shortage
The National Federation of Independent Business reported that its Small Business Optimism Index increased to 98.3 during May from an unrevised 96.9 in April. The reading was the highest since December. The percentage of firms [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 09 2015U.S. Gasoline Prices Remain Steady; Crude Oil Strengthens
Gasoline prices remained unchanged last week at an average $2.78 per gallon at the pump (-24.3% y/y). They were at the highest level since early-December, roughly one-third higher versus the low of $2.04 late in January. Haver [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 08 2015Fed Indicates Labor Market Conditions Tighten Slightly
The Labor Market Condition Index (LMCI), from the Federal Reserve Board, provides a broad-based measure of the U.S. job market. Through December, it showed tightening conditions. During the winter, however, indications of slack [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 08 2015Fed Indicates Easing Labor Market Conditions
The Labor Market Condition Index (LMCI), from the Federal Reserve Board, provides a broad-based measure of the U.S. job market. Through December, it showed tightening conditions. In the winter months, however, indications of slack [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 08 2015Fed Indicates Labor Market Conditions Tighten Slightly
The Labor Market Condition Index (LMCI), from the Federal Reserve Board, provides a broad-based measure of the U.S. job market. Through December, it showed tightening conditions. During the winter, however, indications of slack [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 08 2015NABE Retains Forecast for Improved Growth and Higher Inflation
The National Association for Business Economics forecast of 2.9% growth in U.S. real economic activity in 2016 was unrevised from expectations posted three months ago. Expected growth of 2.4% this year was, however, lowered from 3.1%. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 08 2015German IP Heads Higher
German capital goods sector turns sharply higher as the rest of IP continues to struggle. Industrial output rose by 0.9% in April after a 0.4% decline in March. Overall IP growth is advancing on all horizons with growth in a 3.4% to [...]
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