Economy in Brief: August 2006

Railcar loadings through July grew 2.7% y/y, according to Atlantic Systems. Though y/y growth has been firm, the six month growth in loadings eased to 1.4% though some pickup may be evident in the weekly data for August. Intermodal [...]

Railcar loadings through July grew 2.7% y/y, according to Atlantic Systems. Though y/y growth has been firm, the six month growth in loadings eased to 1.4% though some pickup may be evident in the weekly data for August. Intermodal [...]

The Japanese Ministry of Internal Affairs and Communications (MIC) today released its five-year revision of the consumer price index. Analysts and media reporters were surprised to find a larger downward revision than projected and a [...]

The dissenting opinion at the last FOMC meeting from Richmond Fed Bank President Lacker no doubt reflected more than a concern that economic growth was still too robust to be consistent with moderate inflation, but that various [...]

The dissenting opinion at the last FOMC meeting from Richmond Fed Bank President Lacker no doubt reflected more than a concern that economic growth was still too robust to be consistent with moderate inflation, but that various [...]

Employment is rising in Europe, as we have noted frequently here recently. Poland, whose Central Statistical Office issued some July data today, is no exception. The enterprise sector saw an increase of 10,000 in July, following [...]

Initial claims for jobless insurance last week dipped 1,000 to 313,000 after a revised 8,000 decline the prior week. Consensus expectations had been for 315,000 claims. During the last ten years there has been a (negative) 78% [...]

New orders for durable goods backpedaled 2.4% last month after an upwardly revised 3.5% surge during June. Consensus expectations had been for a 0.5% dip. Again, volatile orders for nondefense aircraft & parts provided much of the [...]