Economy in Brief: 2021

• Gasoline prices reverse earlier increase. • Crude oil prices slip. • Natural gas prices continue to decline. The price of regular gasoline eased to $2.85 per gallon (+53.8% y/y) in the week ended April 12 after edging higher to [...]

The U.S. Treasury Department reported a federal budget deficit of $659.6 billion during March compared to a deficit of $119.0 billion one year earlier. For the first six months of this fiscal year the deficit rose to $1.706 trillion. [...]

The U.S. Treasury Department reported a federal budget deficit of $659.6 billion during March compared to a deficit of $119.0 billion one year earlier. For the first six months of this fiscal year the deficit rose to $1.706 trillion. [...]

The U.S. Treasury Department reported a federal budget deficit of $659.6 billion during March compared to a deficit of $119.0 billion one year earlier. For the first six months of this fiscal year the deficit rose to $1.706 trillion. [...]

February finds EU retail sales and motor vehicle registration rebounding after having logged even more severe drops in January. As a result, despite the substantial boost this month, retail sales and vehicle registrations are still [...]

• Lumber prices strengthen with the housing market. • Metals prices are mixed. The Industrial Materials Price Index, from the Foundation for International Business and Economic Research (FIBER), increased 0.9% during the four weeks [...]

• Wholesale inventory strength reflects higher oil prices. • Decline in sales helps to raise I/S ratio. Wholesale inventories increased 0.6% (2.0% y/y) during February following a 1.4% January jump, revised from 1.3%. A 0.5% gain had [...]

• Wholesale inventory strength reflects higher oil prices. • Decline in sales helps to raise I/S ratio. Wholesale inventories increased 0.6% (2.0% y/y) during February following a 1.4% January jump, revised from 1.3%. A 0.5% gain had [...]