• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]
Global| Aug 20 2020
Philadelphia Fed Factory Sector Activity Is Expanding
by:Tom Moeller
|in:Economy in Brief
Global| Aug 20 2020
Philadelphia Fed Factory Sector Activity Is Expanding
• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 20 2020
German PPI Make Second Monthly Gain and Sixth Straight Year-on-Year Drop
The German PPI rose month-to-month for the second month in a row. However, its year-on-year change fell for the sixth month in a row. The monthly upward pressure is still modest with prices rising by only 0.2% in July after tacking [...]
Global| Aug 20 2020
U.S. Leading Indicators Continue to Increase in July
• Component gains are somewhat mixed. • Coincident indicators rise further. • Lagging indicators indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators increased 1.4% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 20 2020
Philadelphia Fed Factory Sector Activity Is Expanding
• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 20 2020
U.S. State Initial Claims Back Over 1 Million
• State initial jobless claims increased to 1.1 million in the week ending August 15, reversing most of the previous week's decline below 1 million. • Federal Pandemic Unemployment Assistance new filers increased to 542,797. • [...]
Global| Aug 20 2020
Philadelphia Fed Factory Sector Activity Is Expanding
• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 19 2020
Japan's Orders Fall; Core Orders Fall; Foreign Orders Hit a New Low
The table below pools the data from four different reports to create a picture of how Japan is doing. The pictures all are painted in the same dark colors. The orders data are fresh today even though they lag the data in other surveys [...]
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