Economy in Brief: January 2010

NABE indicated in its latest Industry Survey that despite level demand throughout last year, most other economic conditions firmed. The index of unit demand improved sharply as 2010 began, but momentum waned as the year progressed. [...]

EMU orders rise, but beware the optimism EMU orders rose in November more than expected. A lot is being made of the much smaller Yr/Yr drop which now at -4.1% compares to the -12.1% reported last month (not shown in the table). But [...]

The firm uptrend in the Conference Board's Index of Leading Economic Indicators continued last month with a rise of 1.1% following an upwardly revised like gain in November. It was the ninth consecutive monthly increase and the 10.8% [...]

The firm uptrend in the Conference Board's Index of Leading Economic Indicators continued last month with a rise of 1.1% following an upwardly revised like gain in November. It was the ninth consecutive monthly increase and the 10.8% [...]

The American Bankers Association indicated last week that loan delinquencies across all types of credit have fallen. Delinquencies in most categories have declined moderately, in some they're down dramatically. Economic recovery [...]

As the ECB is holding policy steady and ECB president, Jean Claude Trichet, is telling us that the expansion will be moderate but uneven, the Markit PMI’s are giving us some really mixed news that makes The Trichet comments look [...]

As the ECB is holding policy steady and ECB president, Jean Claude Trichet, is telling us that the expansion will be moderate but uneven, the Markit PMI’s are giving us some really mixed news that makes The Trichet comments look [...]

Housing starts unwound in December falling by 4% on the month. Still, the drop leaves starts in a more less stabilized environment, bumping along at one of their lowest levels of the cycle. Single unit 2-4 unit and 5-unit starts are [...]