Chicago purchasing managers indicated that their June index of General Business Conditions fell to 62.6 this month after an unrevised 65.5 in May. The figure disappointed expectations for 63.0 in the Action Economics Forecast Survey. [...]
- Global| Jun 30 2014
Chicago Purchasing Managers Index Backpedals
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 30 2014
U.S. Pending Home Sales Rise to Highest Level Since June
Pending sales of single-family homes jumped 6.1% (-5.2% y/y) during May, according the National Association of Realtors (NAR), following a little-revised 0.5% April increase. Expectations had been for a 1.5% rise, according to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 30 2014
German Retail Sales Contract Again as All Growth Rates Turn Lower
German retail trends are turning lower as three-month, six-month and twelve-month growth rates are all sub-zero. Moreover, sequentially the sales drop is getting progressively larger. Even car registrations are showing a sharp [...]
- Global| Jun 27 2014
EU and EMU Sentiment Gauges Drop in June
The EU Commission indices for June 2014 show a slight decline in the reading for the overall European Union (EU) and a slightly larger decline for the countries of the European Monetary Union (EMU). The sector-wide indices for the EU [...]
- Global| Jun 27 2014
Kansas City Fed Index; Factory Sector Activity & Pricing Power Eased
The Federal Reserve Bank of Kansas City reported that its June Composite index of 10th District factory sector activity eased to 6 versus 10 in May. The latest figure remained, nevertheless, in the range of readings earlier in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 26 2014
U.S. Initial Claims for Unemployment Insurance Slip
Initial unemployment insurance claims declined to 312,000 during the week ended June 21 from 314,000 in the prior week, revised from 312,000. The latest claims level matched expectations in the Action Economics Forecast Survey and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 26 2014
U.S. Consumers Cautiously Raise Spending; Price Inflation Ramps Up
Personal consumption expenditures rose 0.2% during May (3.7% y/y) following no change in April, revised from the 0.1% dip reported last month. A 0.4% rise had been expected in the Action Economic Forecast Survey. When adjusted for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 26 2014
French Household Confidence Picks Up but by Very Little
Household confidence in France improved to 86 in June from 85 in May. However, it is still below its level of 88 in March 2014. The index level sits in the lower 16th percentile of its historic queue of data. This tells us that it has [...]
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