Economy in Brief: 2019

The Mortgage Bankers Association reported that its Mortgage Loan Index fell 2.2% (+75.7% y/y) in the week ending November 15 after strengthening 9.6% in the previous week. Applications to refinance a loan declined 7.7% (+179.5% y/y) [...]

Japan is suffering the fate of an economy with strong trade ties to two countries embroiled in a trade war. Japan's largest trade partner is China and its second largest trade partner is the United States. In October, Japan's exports [...]

The housing market remains on a firm footing. Housing starts increased 3.8% (8.5% y/y) during October to 1.314 million (SAAR) after easing to 1.266 million in September, revised from 1.256 million. The Action Economics Forecast Survey [...]

The Confederation of British Industry (CBI) industrial trends survey showed some improvement in the U.K industrial sector in November, but it is better to focus on where the readings stand than on how much they may have changed month- [...]

Retail gasoline prices declined to $2.59 per gallon last week (-0.7% y/y) from $2.62 in the previous week. It was the lowest price in two months. Weakness in gasoline demand typically leads to lower prices this time of year. Haver [...]

Globally inflation trends remain subdued. In the EMU and within the EMU, inflation is low and trends are moderating and pointing lower still. The EMU headline is slightly deflating and the core is mixed. Between trends for year-to- [...]

Globally inflation trends remain subdued. In the EMU and within the EMU, inflation is low and trends are moderating and pointing lower still. The EMU headline is slightly deflating and the core is mixed. Between trends for year-to- [...]

Globally inflation trends remain subdued. In the EMU and within the EMU, inflation is low and trends are moderating and pointing lower still. The EMU headline is slightly deflating and the core is mixed. Between trends for year-to- [...]