Economy in Brief: 2019

The Consumer Price Index rose 0.1% during August (1.7% y/y) following a 0.3% July increase. The rise matched expectations in the Action Economics Forecast Survey. The CPI excluding food & energy increased 0.3% for the third straight [...]

Initial claims for unemployment insurance fell 15,000 to 204,000 (-1.9% year-on-year) during the week ending September 7 from a slightly upwardly-revised reading of 219,000 in the previous week (was 217,000). This is the lowest level [...]

The survey covers over 75% of all U.S. retail residential mortgage applications and has been conducted weekly since 1990. Respondents include mortgage bankers, commercial banks and thrifts. The base period and value for all indexes is [...]

The early reporters of August's HICP that are ‘original' EMU members are listed in the table. EMU inflation is low; most member inflation rates are low and below the pace set for the EMU-wide HICP itself. There are no country level [...]

Wholesale inventories increased 0.2% during July (7.1% y/y) after a 0.1% dip in June, revised from unchanged. The gain matched expectations in the Informa Global Markets Survey. Durable goods inventories eased 0.2% (+8.7% y/y) in July [...]

The Producer Price Index for final demand edged 0.1% higher during August (1.8% y/y) following a 0.2% July rise. A 0.1% gain had been expected in the Action Economics Forecast Survey. Producer prices excluding food & energy [...]

The Mortgage Bankers Association reported that its total Mortgage Applications Index increased 2.0% w/w (+68.9% y/y) in the week ending September 6, following 3.1% w/w and 6.2% w/w declines in the previous two weeks. Applications to [...]

The U.S. pump price for gasoline slipped to $2.55 per gallon (-10.0% y/y) in the week ended September 9 from the prior week's $2.56 per gallon. Prices have fallen for eight consecutive weeks. Haver Analytics adjusts price figures for [...]