Real GDP growth of 0.2% (3.0% y/y) last quarter followed an unrevised 2.2% Q4 gain. The increase disappointed expectations for a 1.1% rise in the Action Economics Forecast Survey. Last quarter's economic performance was its weakest in [...]
- Global| Apr 29 2015
U.S. GDP Growth is Negligible as Business Investment and Exports Decline
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 29 2015
U.S. GDP Growth is Negligible as Business Investment and Exports Decline
Real GDP growth of 0.2% (3.0% y/y) last quarter followed an unrevised 2.2% Q4 gain. The increase disappointed expectations for a 1.1% rise in the Action Economics Forecast Survey. Last quarter's economic performance was its weakest in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 28 2015
Richmond Federal Reserve Reports Contraction of Factory Sector Activity; Services Weaken
The Federal Reserve Bank of Richmond reported that its April Composite Index of Manufacturing Sector activity remained negative at -3 following weak readings of -8 and 0 during the prior two months. Expectations were for -2 in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 28 2015
U.S. Consumer Confidence Falters
The Conference Board's Consumer Confidence Index declined 6.1% in April to 95.2 (+16.5% y/y) after rising to 101.4 during March, revised from 101.3. The latest figure was the lowest since December and missed expectations for 102.2 in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 28 2015
French Household Sector Confidence Rises Further
French household confidence has increased in seven of the last nine months and has gone nine months without a setback to confidence. However, the confidence reading is still weak historically. At 94 the current confidence reading is [...]
- Global| Apr 28 2015
U.S. Gasoline Prices Add To Recent Increases
Last week, gasoline prices increased to an average $2.57 cents per gallon at the pump, the highest level since early-December and up by one-quarter versus the late-January low of $2.04. Haver Analytics constructs factors adjusting for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 27 2015
Dallas Fed Factory Sector Activity Remains Weak; Outlook Deteriorates
The Federal Reserve Bank of Dallas reported that its April Composite index of factory sector activity was fairly steady m/m at a level of -16.0, the fourth consecutive negative monthly reading. The figure reflected weakness amongst [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 24 2015
Germany's Ifo Plows Ahead to Moderate 10-Month High; Is Germany's Sluggishness a Barometer for the World?
Germany's Ifo climate gauge is on a 6-month string of increases that has taken that gauge to a 10-month high. At its current position the gauge stands in the 80.5 percentile of its historic queue of values, roughly in the top 20% of [...]
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