Economy in Brief

Import prices fell 1.3% last month after an upwardly revised 1.2% April surge. Consensus expectations had been for a 0.4% decline. Petroleum prices slumped 6.5% in May and were the source of April's upward revision. In June, crude oil [...]

The U.S. foreign trade deficit deepened in April to $57.0B and reversed about half of the prior month's m/m improvement which was revised. Consensus expectations had been for a deficit of $58.0B. Total exports doubled the prior [...]

The U.S. foreign trade deficit deepened in April to $57.0B and reversed about half of the prior month's m/m improvement which was revised. Consensus expectations had been for a deficit of $58.0B. Total exports doubled the prior [...]

Industrial production picked up in the UK in April, rising 0.8%, the first increase since December. Metals, machinery, wood and paper products and electrical machinery were among the main movers in April's upturn. Beneficial to UK [...]

Initial claims for unemployment insurance fell 21,000 to 330,000 last week and reversed most of the prior period's slightly revised jump. Consensus expectations had been for 335,000 claims. During the last ten years there has been a [...]

Initial claims for unemployment insurance fell 21,000 to 330,000 last week and reversed most of the prior period's slightly revised jump. Consensus expectations had been for 335,000 claims. During the last ten years there has been a [...]

Manufacturing activity advanced in three Euro-Asian nations in April, according to industrial production data published today by national statistical offices. In the Netherlands, manufacturing output gained 1.8%, partially reversing [...]

Total mortgage applications last week recovered more than all of the prior week's decline and rose 6.5%. Applications began the month 3.5% ahead of the May average which rose 6.5% versus April, according to the Mortgage Bankers [...]