Economy in Brief

The producer price index for finished goods fell 0.2% last month. The decline followed four months of increase and contrasted with expectations for a 0.2% rise. Excluding food & energy prices also fell 0.2% versus expectations for a [...]

Total retail sales fell 0.3% last month following an upwardly revised 1.3% September rise, initially reported as 1.1%. A 0.1% downtick in October sales was expected according to Action Economics. Excluding autos, retail sales also [...]

Total retail sales fell 0.3% last month following an upwardly revised 1.3% September rise, initially reported as 1.1%. A 0.1% downtick in October sales was expected according to Action Economics. Excluding autos, retail sales also [...]

German financial experts continue to see weakening conditions in Germany. The current index fell from 10 to 5.4 and expectations edged down to -15.7 from -11.5. At these levels the current index is stronger about 35% of the time [...]

The Federal Government budget deficit deepened to $120.0B during October of FY13 versus $98.5B last fiscal year. The deeper deficit was paced by a 16.4% y/y increase in outlays which was greater than the 13.0% y/y rise in revenues. [...]

German financial experts continue to see weakening conditions in Germany. The current index fell from 10 to 5.4 and expectations edged down to -15.7 from -11.5. At these levels the current index is stronger about 35% of the time [...]

The Composite Leading Indicators of the OECD (Organization for Economic Cooperation and Development) were published today. Besides the official 34 member countries from Europe, North and South America, Australia, New Zealand, and [...]

There's been some w/w stability in chain store sales of late. Nevertheless, the 0.7% uptick in last week's sales left the November average 3.5% below July. During the last ten years there has been a 72% correlation between the y/y [...]