The Chicago Federal Reserve reported that its National Activity Index (CFNAI) during January rose to 0.28 from -0.34 in December, revised from -0.22. It was the first positive figure in six months. The 3-month moving average improved [...]
- Global| Feb 22 2016
Chicago Fed National Activity Index Suggests Improved Economic Growth
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 19 2016
German PPI Inflation Continues to Sink
Germany's PPI (excluding construction) fell by 0.8% in January. It fell by 1.1% in manufacturing and by 0.2% in manufacturing excluding energy. Overall manufacturing and ex-energy manufacturing inflation all are falling over three [...]
- Global| Feb 19 2016
U.S. CPI Remains Unchanged; Core Prices Firm
The Consumer Price Index held steady during January (1.4% y/y) following an unrevised 0.1% dip during December. A 0.1% easing had been expected in the Action Economics Forecast Survey. The CPI excluding food & energy increased 0.3% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2016
Philadelphia Fed Business Conditions Index Is Negative
The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index for February remained negative at -2.8 versus -3.5 in January. It was the sixth consecutive reading below zero, although losses have [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2016
Prices Sag in Euro Area As OECD Turns Up Heat for Action
The price level in the euro area dropped again in January as core prices ticked higher. But even core inflation is only at 1% and has virtually no momentum. Headline inflation, the only inflation rate truly `targeted' by the ECB, is [...]
- Global| Feb 18 2016
U.S. Index of Leading Indicators Falls for a Second Month
The Conference Board's Index of Leading Economic Indicators fell 0.2% in January (+2.2% y/y), following a revised 0.3% December decline. The fall matched expectations in the Action Economics Forecast Survey. The three-month change in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2016
U.S. Unemployment Insurance Claims Fall to Late-November Low
Initial unemployment insurance claims declined to 262,000 during the week ended February 13 from an unrevised 269,000 in the prior week. It was lowest level of initial filings since November 21, 2015. The four-week moving average [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2016
U.S. Producer Prices Rise Unexpectedly in January
The headline Final Demand Producer Price Index edged up 0.1% m/m (-0.2% y/y) in January. While this was a modest increase, it was 0.3%-pt above the Action Economics Forecast Survey expectation for a 0.2% m/m decline (this is a [...]
by:Sandy Batten
|in:Economy in Brief
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