Economy in Brief

The Mortgage Bankers Association reported that last week, total mortgage applications retraced more than half of the prior week's surge and fell 11.3% w/w. Nevertheless, applications so far in June remain 11.0% ahead of the May [...]

The Mortgage Bankers Association reported that last week, total mortgage applications retraced more than half of the prior week's surge and fell 11.3% w/w. Nevertheless, applications so far in June remain 11.0% ahead of the May [...]

The analysts and institutional investors who participate in the ZEW Survey continue to be pessimistic about current conditions in the German economy. The balance between optimists and pessimists has average about -70 for the past year [...]

Chain store sales inched up another 0.1% last week following gains of 0.6% and 0.4% during the prior two periods according to the International Council of Shopping Centers (ICSC)-UBS survey. So far in June sales are 0.3% below the [...]

Chain store sales inched up another 0.1% last week following gains of 0.6% and 0.4% during the prior two periods according to the International Council of Shopping Centers (ICSC)-UBS survey. So far in June sales are 0.3% below the [...]

Chain store sales inched up another 0.1% last week following gains of 0.6% and 0.4% during the prior two periods according to the International Council of Shopping Centers (ICSC)-UBS survey. So far in June sales are 0.3% below the [...]

After last week's release of a strong rise of almost 2% in industrial production in April, Italy released more positive data today. Industrial turnover or sales rose 2.3% in April from March and were 1.5% above April, 2004. Industrial [...]

The Composite Index of Leading Economic Indicators reported by the Conference Board fell a sharp 0.5% in May following an upwardly revised no change in April. Six-month growth in the leaders dropped to -2.2%. Growth in the leaders [...]