Economy in Brief: September 2018

Personal consumption expenditures rose 0.4% (5.2% y/y) in July............ The 0.3% increase in personal income......... The personal income & consumption figures are available in Haver's USECON database with detail in the USNA [...]

The Chicago Purchasing Managers Business Barometer fell to 63.6 during August........... The MNI Chicago Report is produced by MNI/Deutsche Borse Group in partnership with ISM-Chicago. The survey covers a sample of over 200 purchasing [...]

I suppose if you are German you look at this chart and see inflation ‘spiraling out of control’ as it tops the pace of 2% in a number of countries, a pace that inflation is supposed to stay below. However, a less dogmatic view on this [...]

Personal consumption expenditures rose 0.3% (5.3% y/y) in August following an upwardly revised 0.5% m/m gain in July. Personal income also rose 0.3% m/m (4.7% y/y) in August, the same monthly increase as in July. The Action Economics [...]

The Chicago Purchasing Managers Business Barometer fell for the second consecutive month to 60.4 in September from 63.6 in August. The Action Economics Forecast Survey expected a decline to 62.0. The Chicago Purchasing Managers [...]

EU Commission indexes fell to 110.9 in September from 111.6 in August. Among the 18 early reporting EMU nations, 10 showed month-to-month declines in their sentiment indexes including each one of the largest four economies. ‘Big four' [...]

The National Association of Realtors (NAR) reported that pending sales of existing homes fell again in August, dropping 1.8% after July's 0.8% decrease, revised from -0.7%. This latest move was the fourth decline in the last five [...]

Chart shows a steady expansion in activity excluding transportation Orders gain 4.5% month-to-month in August, but excluding the transportation sector new orders rise by just 0.1% with shipments up a skinny 0.2%. Turning to shipments [...]