Economy in Brief: March 2016

Economic growth was greater than previously estimated during Q4. The revised 1.4% increase (1.9% y/y) compared to last month's estimate of 1.0% and the advance estimate of a 0.7% rise. A 1.0% gain was expected in the Action Economics [...]

New orders for durable goods declined 2.8% (-4.6% y/y) during February following a 4.2% January rise, revised from 4.9%. A 2.4% decline had been expected in the Action Economics Forecast Survey. A 6.2% drop (+7.1% y/y) in orders for [...]

New orders for durable goods declined 2.8% (-4.6% y/y) during February following a 4.2% January rise, revised from 4.9%. A 2.4% decline had been expected in the Action Economics Forecast Survey. A 6.2% drop (+7.1% y/y) in orders for [...]

Initial unemployment insurance claims rose to 265,000 during the week ended March 19 from 259,000 in the prior week. Expectations were for 267,000 claims in the Action Economics Forecast Survey. The four week moving average of claims [...]

The estimate for German confidence in April is lower than in March by just 0.1 point, its smallest unit of measurement. The index has a 94 queue or count percentile standing which means it has been higher only above 6% of the time, an [...]

New orders for durable goods declined 2.8% (+1.8% y/y) during February following a 4.2% January rise, revised from 4.9%. A 2.4% decline had been expected in the Action Economics Forecast Survey. A 6.2% drop (+7.1% y/y) in orders for [...]

Factory sector activity is gaining strength. New orders for durable goods recovered 4.9% during January (1.8% y/y) following a 4.6% December decline, revised from -5.1%. A 2.4% increase had been expected in the Action Economics [...]

The Mortgage Bankers Association reported that its total Mortgage Market Volume Index declined 3.3% last week (+6.4% y/y), the same as during the prior week. Purchase applications fell 1.0% (+25.3% y/y) after a 0.3% uptick, while [...]