The chart shows the main elements underlying the improvement in German industrial production. Both capital goods output in the output of intermediate goods are moving up at a brisk pace. Lagging those two sectors is consumer goods [...]
Global| Apr 07 2014German IP Rises-But Is It Enough?
Global| Apr 04 2014German Orders Rise But Slow
German orders rose by 0.6% in February after the downward revision of January's gain from 1.2% to 0.1%. As a result, orders over three months are rising at just a 3.3% annual rate. That's up from the 1.7% pace over six months but only [...]
Global| Apr 04 2014U.S. Payroll Employment Gain is Steady and Firm; Jobless Rate Unchanged
Nonfarm payrolls grew 192,000 during March following a 197,000 February increase, initially reported as 175,000. The rise roughly matched expectations for a 195,000 increase in the Action Economics Forecast Survey. The unemployment [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 04 2014U.S. Payroll Employment Gain is Steady and Firm; Jobless Rate Unchanged
Nonfarm payrolls grew 192,000 during March following a 197,000 February increase, initially reported as 175,000. The rise roughly matched expectations for a 195,000 increase in the Action Economics Forecast Survey. The unemployment [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 04 2014U.S. Payroll Employment Gain is Steady and Firm; Jobless Rate is Unchanged
Nonfarm payrolls grew 192,000 during March following a 197,000 February increase, initially reported as 175,000. The rise roughly matched expectations for a 195,000 increase in the Action Economics Forecast Survey. The unemployment [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2014EMU Services Sector Backtracks in March: Is That All There Is?
The services sector in the European Monetary Union edged lower in March to a level of 52.2 from a standing of 52.6 in February. The step back was small but interrupts an ongoing trend toward improvement at a time that recovery in the [...]
Global| Apr 03 2014Challenger Job Cut Announcements Decline to Three-Month Low
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements declined to 34,399 (-30.2% y/y) during March, the lowest level since December. Layoffs fell m/m in the financial, food, telecommunications, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2014U.S. ISM Nonmanufacturing Index Recovers
The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) bounced up last month to 53.1 after a sharp February decline to 51.6. The latest figure roughly matched expectations for 53.2 [...]
by:Tom Moeller
|in:Economy in Brief
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