Economy in Brief: 2019

For the fourth consecutive month, the Federal Reserve Bank of Kansas City reported that its index of regional manufacturing business activity remained below zero. In October, the index eased to -3 from -2 in September. These negative [...]

Sales of new single-family homes fell 0.7% (+15.5% y/y) during September to 701,000 (SAAR)........ The data in this report are available in Haver's USECON database. The consensus expectation figure from Action Economics is available [...]

The EMU PMI preliminary reading ticked up in October from the actual PMI level in September. But at 50.2, the space between the actual level of activity on the PMI and the 'no growth' line of demarcation (50.0) is exceptionally thin. [...]

Initial claims for unemployment insurance in the week ending October 19 fell 6,000 to 212,000 (-2.8% y/y) from 218,000 in the previous week, which was revised from 214,000. The Action Economics Forecast Survey expected 215,000. The [...]

Sales of new single-family homes fell 0.7% (+15.5% y/y) during September to 701,000 (SAAR) from 706,000 in August, revised from 713,000. Sales of 700,000 had been expected in the Action Economics Forecast Survey. These sales are [...]

Manufacturers' orders for durable goods declined 1.1% (-5.4% y/y) during September following a 0.3% August rise, revised from 0.2%. A 0.9% decline had been expected in the Action Economics Forecast Survey. Orders for nondefense [...]

Initial claims for unemployment insurance in the week ending October 19 fell 6,000 to 212,000 (-2.8% y/y) from 218,000 in the previous week, which was revised from 214,000. The Action Economics Forecast Survey expected 215,000. The [...]

The climate gauge for French industry fell to 99.4 in October from 101.6 in September, marking its lowest point since March 2015. French manufacturing claimed for a plateau of readings in early-2015 to a peak at 113.5 in January 2018. [...]