Economy in Brief

Crude oil prices found new life last week. Following weakness through Wednesday which left WTI crude oil costs at $38.60 per barrel, prices surged on news of weakened production and speculation of more cutbacks to come. For the week, [...]

The Federal Reserve Bank of Dallas reported that its August Composite index of factory sector activity declined to -15.8, its weakest reading in three months. The production component was near break-even, up sharply from three months [...]

Chicago purchasing managers reported that their August Business Barometer Index slipped to 54.4 following an unrevised rise to 54.7 in July. Despite the decline, the Q3 average so far of 54.6 was the highest quarterly figure this [...]

The EMU HICP gauge in August fell 0.1% m/m. The core measure ticked up 0.1% after a 0.2% July increase. Headline inflation has fallen month-to-month in two of the last three months. Sequential inflation from 12-month to six-month to [...]

Personal income improved 0.4% during July (4.3% y/y) for the fourth straight month. These remain the quickest increases since November and the latest figure matched expectations in the Action Economics Forecast Survey. Wages & [...]

The EU index continues to run stronger than the EMU index in the EU Commission index framework. The overall EU index stands in the 70.1 percentile of its historic queue while the EMU index stands in the 61.4 percentile of its queue. [...]

The Federal Reserve Bank of Kansas City reported that manufacturing sector business activity slackened during August. The Composite index of 10th District factory sector activity fell to -9 and reversed July's improvement. The figures [...]

The Federal Reserve Bank of Kansas City reported that manufacturing sector business activity slackened during August. The Composite index of 10th District factory sector activity fell to -9 and reversed July's improvement. The figures [...]