Economy in Brief: January 2020

Wholesale inventories edged down 0.1% in November (3.3% year-over-year), following an unrevised 0.1% gain in October. The Informa Global Markets Survey anticipated a 0.1% rise in November. Wholesale inventory swings can have a [...]

The labor market ended 2019 with diminished growth. Nonfarm payroll employment increased 145,000 (1.4% y/y) during December after rising 256,000 in November, revised from 266,000. October employment rose 152,000, revised from 156,000. [...]

The Bank of France Business survey indicator has weakened in December, falling to 96.5 in December from 97.3 in November. At 96.5, it is below its 12-month average of 97.9 and its standings in December at 28.6 percentile since [...]

Wholesale inventories edged down 0.1% in November (3.3% year-over-year), following an unrevised 0.1% gain in October. The Informa Global Markets Survey anticipated a 0.1% rise in November. Wholesale inventory swings can have a [...]

The labor market ended 2019 with diminished growth. Nonfarm payroll employment increased 145,000 (1.4% y/y) during December after rising 256,000 in November, revised from 266,000. October employment rose 152,000, revised from 156,000. [...]

The EMU unemployment rate remains in November at its lowest rate since 2008. On the month, the unemployment rate fell in Austria, France, and Spain. With a lag, the unemployment rate fell in Greece and also in EU member, the United [...]

The latest readings of labor market conditions were mixed. Initial claims for jobless insurance declined 9,000 to 214,000 (-3.2% y/y) in the week ended January 4 from 223,000 in the prior week, revised from 222,000. It was the fourth [...]

Consumer Credit Outstanding increased $12.53 billion (4.5% y/y) during November after an $18.96 billion October gain, revised from $18.90 billion. A $16.4 billion increase had been expected by the Action Economics Forecast Survey. [...]