Economy in Brief: 2019

In the week ended December 23, retail gasoline prices edged down to $2.53 per gallon (+9.1% y/y), the sixth consecutive weekly decrease, from $2.54 per gallon in the previous week. Typically, gasoline prices weaken at this time of [...]

In the week ended December 23, retail gasoline prices edged down to $2.53 per gallon (+9.1% y/y), the sixth consecutive weekly decrease, from $2.54 per gallon in the previous week. Typically, gasoline prices weaken at this time of [...]

Sales of new single-family homes increased 1.3% m/m (+16.9% y/y) in November to 719,000 units SAAR. However, the November gain comes from levels that were revised sharply lower in both September and October. September sales were [...]

German export prices remain weak over current months as well as over 12 months. German import prices show some lift in November and over three months, but they are lower on balance over 12 months. Export and import prices excluding [...]

Sales of new single-family homes increased 1.3% m/m (+16.9% y/y) in November to 719,000 units SAAR. However, the November gain comes from levels that were revised sharply lower in both September and October. September sales were [...]

The advance reading for November indicated that durable goods orders fell 2.0% m/m (-3.7% y/y) following a 0.2% m/m rise in October, revised down from 0.6%. A 1.5% increase had been expected in the Action Economics Forecast Survey. [...]

The Federal Reserve Bank of Kansas City reported that its index of regional manufacturing business activity moved further below zero in December where it has been for the past six months, indicating further deterioration in [...]

Personal consumption expenditures rose 0.4% (3.9% y/y) during November after an unrevised 0.3% October gain. The increase compared to a 0.4% rise expected in the Action Economics Forecast Survey. In constant dollars, spending [...]