Economy in Brief: August 2019

The Chicago Business Barometer fell to 44.4 during July... The MNI Chicago Report is produced by MNI in partnership with ISM-Chicago. The survey covers a sample of over 200 purchasing professionals in the Chicago area with a monthly [...]

Personal income increased 0.4% (4.9% y/y) during June ......... Personal consumption expenditures increased 0.3% during June........... The personal income and consumption figures are available in Haver's USECON database with detail [...]

The Chicago Business Barometer rebounded to 50.4 in August from 44.4 during July, putting the index back above the 50% breakeven between growth and decline. This was stronger than the consensus in the Action Economics Forecast Survey, [...]

EMU inflation is subdued in August on the heels of flat headline and core prices in July. The headline HICP rose by 0.1% in August while the core rate was flat for the second month in a row. Despite clear weakness in prices, a [...]

Personal income increased 0.4% (4.9% y/y) during June ......... Personal consumption expenditures increased 0.3% during June........... The personal income and consumption figures are available in Haver's USECON database with detail [...]

Personal income edged up 0.1% (4.6% year-on-year) in July after an upwardly-revised 0.5% gain in June (was 0.4%). The Action Economics Forecast Survey expected 0.3%. Employee compensation grew 0.2% (5.0% y/y), transfers were up a [...]

Gross domestic product, adjusted for price inflation, increased 2.0% q/q saar in 2019 Q2, revised down modestly from the initially reported 2.1%. This represents a slowdown from the 3.1% q/q increase in Q1. Compared with a year ago, [...]

Initial claims for unemployment insurance increased 4,000 to 215,000 (unchanged year-on-year) during the week ending August 24 from a slightly upwardly-revised 211,000 in the prior week. Two weeks ago, claims rose to 221,000. The [...]