Economy in Brief

Japan's Current Account increased sharply, outpacing expectations, in June to 1,799 billion yen from 1, 016 billion Yen in May. It was moreover, the fifth successive month of increase and the year over year change is now above the [...]

French industrial output in June has expanded by 0.3% m/m after rising by 2.8% in May, turning the three-month rate of growth positive. Capital goods and intermediate goods output lead the rise. The output of consumer goods is still [...]

Consumers' near-term worry is about the poor shape of the U.S. economy and what, for many, are balance sheets loaded with too much debt. The longer-term situation is that the consumer spending cycle has passed its peak and is now [...]

Consumers' near-term worry is about the poor shape of the U.S. economy and what, for many, are balance sheets loaded with too much debt. The longer-term situation is that the consumer spending cycle has passed its peak and is now [...]

The OECD LEIs are now jumpin.’ The rise is strongly accelerating across OECD countries; even Japan whose indicator is still falling is seeing a substantial shift in its negative growth rate to a substantially diminished pace of [...]

Slack in the labor market developed less rapidly last month. The Bureau of Labor Statistics indicated that nonfarm payrolls fell 247,000 during July after declines during the prior two months that were revised slightly shallower. [...]

Slack in the labor market developed less rapidly last month. The Bureau of Labor Statistics indicated that nonfarm payrolls fell 247,000 during July after declines during the prior two months that were revised slightly shallower. [...]

German new orders rose by 4.5% in June after rising by 4.4% in May. Orders are up and at a 42% annual rate over three-months and STILL they stand lower by 23.7% than they did one year ago. In the newly completed second quarter, orders [...]