Economy in Brief: 2016

Weakness in September German new orders fell across the board in September. Overall orders fell month-to-month by 0.6% as foreign orders fell by 0.3% and domestic orders fell by 1.1%. Year-over-year trends (see table and chart) show [...]

Nonfarm payroll employment increased 161,000 (1.7% y/y) during October following revised gains of 191,000 and 176,000 in September and August. These had been reported as 156,000 and 167,000, respectively. A 174,000 rise in employment [...]

The U.S. trade deficit in goods and services decreased to $36.4 billion in September from a marginally revised $40.5 billion in August. The Action Economics Forecast Survey expected a $38.7 billion deficit. Exports rose 0.6% (0.9% [...]

The euro area PPI fell in September after falling in August; it is now dropping by 1.6% year-over-year in September and logged its smallest drop since November 2014. Prices fell month-to-month in five of 13 of the EU countries in the [...]

Nonfarm payroll employment increased 161,000 (1.7% y/y) during October following revised gains of 191,000 and 176,000 in September and August. These had been reported as 156,000 and 167,000, respectively. A 174,000 rise in employment [...]

The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during October declined to 30,740 (-39.1% y/y) following September's increase to 44,324. It was the lowest level of job cut announcements since [...]

Manufacturing sector orders improved 0.3% during September following a 0.4% increase in August, revised from 0.2%. Three month growth rose to 8.4%. New orders for durable goods declined 0.3% (+1.4% y/y), which was revised from the [...]

Unemployment rates in the EMU continue to show more progress than has economic growth. The unemployment rate for all of EU steadied at 8.5% for the second month in a row. The EMU rate stayed at its all-time low of 10% for the third [...]