Economy in Brief: November 2015

Economic growth was revised higher to 2.1% (AR) during Q3'15 versus the advance reading of a 1.5% increase. The gain followed unrevised 3.9% growth during Q2. A slower rate of inventory decumulation reduced growth last quarter by 0.6 [...]

The Markit private sector PMI flash gauge rose by 0.4 points in November the 25th largest one month gain in the last 70 months. However, even that small gain brought the level up to its highest value since May 2011 bringing the index [...]

The Chicago Federal Reserve reported that its National Activity Index (CFNAI) during October improved to -0.04 from revised readings of -0.29 during the prior two months. The figure indicates that economic growth returned to its trend [...]

The National Association of Realtors reported that sales of existing homes declined 3.4% (+0.9% y/y) during October to 5.360 million (AR) after an unrevised 4.7% increase to 5.550 million in September. The latest figure disappointed [...]

The Federal Reserve Bank of Philadelphia's Nonmanufacturing Business Index of current conditions slipped a bit in November to 15.6 from 16.3 in October. This was the fourth consecutive monthly decline and the lowest level since July [...]

In October the overall German PPI fell by 0.4%. The index fell excluding energy by 0.2%; manufacturing prices fell by 0.3%. The harmonized PPI fell by 0.3%. There is a consistency across the board of weakness in October and of price [...]

In October the overall German PPI fell by 0.4%. The index fell excluding energy by 0.2%; manufacturing prices fell by 0.3%. The harmonized PPI fell by 0.3%. There is a consistency across the board of weakness in October and of price [...]

The overall U.S. unemployment rate declined during October to 5.0%, half its late-2009 peak. Falling jobless rates occurred throughout the country, but there was great variation amongst individual states. The country's largest states [...]