Personal income increased 0.2% during August (2.8% y/y) following a 0.3% July rise, revised from 0.4%. The latest gain matched expectations in the Action Economics Forecast Survey. Wages & salaries remained unchanged (2.7% y/y) [...]
Global| Sep 29 2017
U.S. Personal Income & Consumer Spending Growth Ease
by:Tom Moeller
|in:Economy in Brief
Global| Sep 29 2017
Chicago Purchasing Managers Index Strengthens
The Chicago Purchasing Managers Business Barometer for September rose to 65.2 following two months at 58.9. It was the highest level in three months and well improved versus 54.0 twelve months ago. A slip to 58.5 had been expected in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 29 2017
HICP Inflation Keeps Toothpaste in the Tube but Begins to Show Divergences
EMU gained only 0.1% in September and the year-on-year pace accelerated slightly to 1.6% from 1.5%. The core, however, rose by 0.1% and logged a drop in its year-on-year pace to 1.2% from 1.3% previously. On this report the ECB does [...]
Global| Sep 29 2017
U.S. Personal Income & Consumer Spending Growth Ease
Personal income increased 0.2% during August (2.8% y/y) following a 0.3% July rise, revised from 0.4%. The latest gain matched expectations in the Action Economics Forecast Survey. Wages & salaries remained unchanged (2.7% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 28 2017
U.S. GDP Growth is Revised Up as Profits Weakened
Economic growth during Q2'17 was revised higher to 3.1% (2.2% y/y) from 3.0% in the second estimate, and compared to 2.6% in the advance report. It was the quickest rate of increase since Q1'15. The latest figure matched expectations [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 28 2017
U.S. Initial Claims for Unemployment Insurance Increase
Initial unemployment insurance claims rose to 272,000 during the week ended September 23 from 260,000 in the prior week, revised from 259,000. Expectations had been for 268,000 initial claims in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 28 2017
EU Commission Indices Continue Their Strong Run in EMU
The EU Commission Index for all of EMU gained more than a full point to stand at 113.0 in September up from 111.9 in August. The reading marks a 92.0 percentile standing for the index a reading that has been thigh historically only [...]
Global| Sep 28 2017
U.S. GDP Growth is Revised Up as Profits Weakened
Economic growth during Q2'17 was revised higher to 3.1% (2.2% y/y) from 3.0% in the second estimate, and compared to 2.6% in the advance report. It was the quickest rate of increase since Q1'15. The latest figure matched expectations [...]
by:Tom Moeller
|in:Economy in Brief
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