Economy in Brief: October 2015

Recent housing market data are throwing off mixed signals. On the heels of Thursday's report that existing home sales in September neared a nine-year high, today's indication that new single-family home sales fell 11.5% last month to [...]

The Federal Reserve Bank of Dallas indicated that production in the Texas Manufacturing Outlook Survey strengthened this month to the firmest point since December. It was up meaningfully following modest firming in September. Moving [...]

Recent housing market data are throwing off mixed signals. On the heels of Thursday's report that existing home sales in September neared a nine-year high, today's indication that new single-family home sales fell 11.5% last month to [...]

The Ifo index fell to 9.3 in October from 10.1 in September. The all-sector drop is less that the drop of the ZEW index reported earlier. The expectations portion of the Ifo index actually saw improvement in October and it is hard to [...]

The Federal Reserve Bank of Kansas City reported that regional manufacturing sector business activity remained roughly stable during October. That was improved as the Composite index of 10th District factory sector activity of -1 [...]

Manufacturing in Europe has come up lame again in October. The sector has decelerated for the second month in a row and holds to a reading of 52.0, not much elevated from the neutral reading of 50.0. Still, Europe has been so weak [...]

Sales of existing homes increased 4.7% (8.8% y/y) during September to 5.550 million and recouped the August decline to 5.300 million, revised from 5.310 million. The latest figure beat expectations for 5.35 million sales in the Action [...]

Sales of existing homes increased 4.7% (8.8% y/y) during September to 5.550 million and recouped the August decline to 5.300 million, revised from 5.310 million. The latest figure beat expectations for 5.35 million sales in the Action [...]