Economy in Brief

U.S. gasoline prices are down from their recent high, but the decline seems to be loosing momentum. The pump price of regular gasoline held steady last week at $2.73 per gallon prices and prices remained up more than three-quarters [...]

Small businesses are joining in with the broader improvement in the economy. The National Federation of Independent Business (NFIB) reported their May small business optimism index rose m/m to 92.2. It remained the highest level since [...]

The latest consumer credit numbers released late-yesterday indicated that credit rose $1.0B during April. However, the Federal Reserve revised the March figure to a sharp $5.4B decline from a $2.0B increase reported last month. While [...]

The latest consumer credit numbers released late-yesterday indicated that credit rose $1.0B during April. However, the Federal Reserve revised the March figure to a sharp $5.4B decline from a $2.0B increase reported last month. While [...]

The news from Europe is not all bad. Data released today show that the real sector, as opposed to the financial sector, continues to improve in a number of countries. German Manufacturing Orders and Sales increased in April, contrary [...]

German orders surged in April rising by 2.8% on the heels of a 5.1% gain in March. As a result the three month growth rate of orders is up to 36.7% (saar). Foreign orders are roaring at a 43.3% annual rate over three months. Domestic [...]

Contained in Friday's employment report, which showed that the total civilian unemployment rate fell, was an increase in a broader measure which includes marginally attached workers and those working part-time for economic reasons. [...]

Contained in Friday's employment report, which showed that the total civilian unemployment rate fell, was an increase in a broader measure which includes marginally attached workers and those working part-time for economic reasons. [...]