Economy in Brief: November 2007

There is not much to say about Germany’s flash HICP since the report provides no detail. But the headline says quite a lot this month. Inflation in Germany is steadily accelerating. In prior months core inflation had crept up above [...]

According to the Conference Board Survey consumer confidence dropped 8.3% in November to a reading of 87.3, the seventh m/m decline of 2007 and the largest since September 2005. The decline was to the lowest level in two years. A much [...]

According to the Conference Board Survey consumer confidence dropped 8.3% in November to a reading of 87.3, the seventh m/m decline of 2007 and the largest since September 2005. The decline was to the lowest level in two years. A much [...]

Mexico and Chile released third quarter data on their balances of payments today. Mexico's account balance continues to run between a little below and a little above -1% of GDP while that of Chile has been positive for the past three [...]

UK GDP slipped in the current quarter to a growth rate of 3% from 3.3% in Q2. And while it is a touch below its year/year pace of late it is also a touch above its five year range. Private consumption was strong in Q3 at an annualized [...]

The National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago during October ran negative for the third consecutive month at -0.73. It was the eight month in the last tenthat the index ran negative and it landed the [...]

For all loans and leases during the third quarter, the Federal Reserve Board Reported that the delinquency rate increased to 2.12% from 1.86% during the second quarter of 2007. While a still low rate, delinquencies have risen to the [...]

For all loans and leases during the third quarter, the Federal Reserve Board Reported that the delinquency rate increased to 2.12% from 1.86% during the second quarter of 2007. While a still low rate, delinquencies have risen to the [...]