Economy in Brief: March 2018

The Conference Board Consumer Confidence Index fell 1.8% during March (+2.2% y/y) to 127.7 following a 4.6% increase during February to 130.0, revised from 130.8. A level of 131.0 had been expected in the Action Economics Forecast [...]

EU Commission indexes for the EMU area turned down broadly, falling for the straight third month. The five sector indexes saw declines in three sectors (industrial, retail, and services), a gain in one (construction), and unchanged [...]

Retail gasoline prices increased to $2.65 per gallon last week (14.4% y/y) and moved to the highest level since early-September. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline pump prices. The [...]

According to the Eurozone Economic Outlook that is jointly published by the IFO Institute, Italy's statistical office Istat and the KOF Swiss Economic Institute, EMU area GDP is projected to grow 0.6% each in the first and second [...]

The Federal Reserve Bank of Dallas indicated in its Texas Manufacturing Outlook Survey that the March General Business Activity Index declined to 21.4, its lowest level since November. Production, new orders, shipments and employment [...]

The National Association for Business Economics forecasts 2.7% growth in real GDP during 2019 following an expected 2.9% rise this year, revised up from the earlier forecast of 2.4% growth. Quarterly GDP growth is expected to average [...]

The National Association for Business Economics forecasts 2.7% growth in real GDP during 2019 following an expected 2.9% rise this year, revised up from the earlier forecast of 2.4% growth. Quarterly GDP growth is expected to average [...]

Sales of new single-family homes slipped 0.6% to 618,000 (SAAR) during February following a January decline to 622,00, revised from 593,000. It was the third consecutive monthly decline from the November peak of 711,000. Expectations [...]