Economy in Brief

The consumer price index (CPI-U) rose 0.8% last month due to the surge in energy prices. The gain was the quickest since September of 2005, a month when higher energy prices similarly raised the index.A 0.6% rise in the November CPI [...]

Industrial production rose 0.3% last month but the increase recovered less than half of the downwardly revised 0.7% drop in October. The Consensus expectation had been for a 0.2% rise. Factory output also recovered from an October [...]

The inflation trends tell the story. It’s a clear story of angst at the ECB. The sequential growth rates (3Mo Vs 6Mo Vs 12Mo) show a steady quickening of the pace of inflation in the more recent time periods. Over 12 months (ECB’s [...]

The CBI Industrial Survey shows still firm readings for measures of activity. Orders are still in the 86th percentile of their range. Export orders remain in the 98th percentile of their range. Output volume is much softer in the 55th [...]

The consumer price index (CPI-U) rose 0.8% last month due to the surge in energy prices. The gain was the quickest since September of 2005, a month when higher energy prices similarly raised the index.A 0.6% rise in the November CPI [...]

The consumer price index (CPI-U) rose 0.8% last month due to the surge in energy prices. The gain was the quickest since September of 2005, a month when higher energy prices similarly raised the index.A 0.6% rise in the November CPI [...]

The RICs survey presents as its metric a net balance reading as surveys respond by saying house prices are higher or lower. Both series show a larger progressive trend lower that is represented by sequentially lower peaks in the [...]

Last week, initial claims for jobless insurance fell a modest 7,000 to 333,000 but the prior week's level was revised up slightly. The four week moving average of initial claims, a measure which smoothes out most of the series' w/w [...]