Economy in Brief

New orders for durable goods fell 4.9% last month, with decreases across several industries. Consensus expectations had been for a 1.4% decline. The increase in June's total orders was revised higher, from 1.4% reported initially to [...]

New orders for durable goods fell 4.9% last month, with decreases across several industries. Consensus expectations had been for a 1.4% decline. The increase in June's total orders was revised higher, from 1.4% reported initially to [...]

The ZEW Center for European Research announced that the institutional investors and analysts who respond to their survey on current and future conditions in Germany turned surprisingly optimistic in August as shown in the first chart. [...]

Existing home sales eased slightly in July, falling 2.6% to 7.16 million units from an upwardly revised 7.35 million in June. Single-family sales alone decreased by 2.3% to 6.24 million and condo and co-op sales by 4.2% to 920,000. [...]

Chain store sales fell for a third week, according to the International Council of Shopping Centers (ICSC)-UBS survey. A 0.3% decline in the week ended last Saturday, August 20, followed the prior week's 0.3% decrease. That puts the [...]

Existing home sales eased slightly in July, falling 2.6% to 7.16 million units from an upwardly revised 7.35 million in June. Single-family sales alone decreased by 2.3% to 6.24 million and condo and co-op sales by 4.2% to 920,000. [...]

The current account in the Euro zone's balance of payments turned negative in June. Except for two other small monthly deficits, the current account, on a seasonally adjusted basis, for the area has been in surplus since 2002 as can [...]

The current account in the Euro zone's balance of payments turned negative in June. Except for two other small monthly deficits, the current account, on a seasonally adjusted basis, for the area has been in surplus since 2002 as can [...]