Economy in Brief

Last Thursday, August 5th, British monetary authorities raised the base rate by 25 basis points, the fifth such increase since last November, bringing the rate to 4.75%. The release today of the producer price indexes for input and [...]

June machinery orders point to continued expansion in the Japanese economy. Machinery orders rose sharply in June. Foreign and public orders, taken together, were up 8.20% and core private orders, excluding ships and utilities were up [...]

June machinery orders point to continued expansion in the Japanese economy. Machinery orders rose sharply in June. Foreign and public orders, taken together, were up 8.20% and core private orders, excluding ships and utilities were up [...]

Non-farm payrolls grew only 32,000 in July following a weak June gain of 78,000 (revised lower) and a strong May increase of 208,000 (also revised lower). Consensus expectations had been for a 240,000 job gain in July. From the [...]

Non-farm payrolls grew only 32,000 in July following a weak June gain of 78,000 (revised lower) and a strong May increase of 208,000 (also revised lower). Consensus expectations had been for a 240,000 job gain in July. From the [...]

Initial unemployment insurance claims unexpectedly fell 11,000 to 336,000 after a 6,000 rise the prior week that was revised slightly up from the initial report. During the last ten years there has been a (negative) 75% correlation [...]

Initial unemployment insurance claims unexpectedly fell 11,000 to 336,000 after a 6,000 rise the prior week that was revised slightly up from the initial report. During the last ten years there has been a (negative) 75% correlation [...]

Eurostat today reported retail sales indexes for June and May. June's figures for the region as a whole and for various individual countries generally show a rebound after a widespread drop in May. Specifically, the broadest measure, [...]