A number of U.K. reports or actions of interest have come to light over the past day or so that give us some insight into how the U.K. economy is coping with Brexit. The CBI industrial survey released this morning shows strong total [...]
- Global| Nov 21 2017
U.K. Industrial Survey Shows Some Strength As Dueling Brexit Forces Play Out
- Global| Nov 21 2017
Philadelphia Fed Nonmanufacturing Business Conditions Slip Again
The Federal Reserve Bank of Philadelphia's Nonmanufacturing Business Index of current conditions at the company level declined to 16.4 in November from 24.7 during October. It was the third straight monthly decline and left the index [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 20 2017
U.S. Leading Economic Indicators Surge
The Conference Board's Composite Index of Leading Economic Indicators jumped 1.2% during October following a 0.1% September rise, revised from -0.2%. It was the strongest monthly increase since November 2013 and occurred as hurricane [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 20 2017
Japan's Trade Surplus Flattens Out
Japan's trade trends, seemingly, offer little to the story about Japan's growth or global growth. Its surpluses have flattened out in the 300 billion yen range. Its exports and imports are now growing at very flat and highly similar [...]
- Global| Nov 17 2017
Euro Area Current Account Surplus Hits An 'All-time' Record
Not only is the EMU current account at surplus an all-time record of 37.8 billion euros (all-time means since the area was formed in January 1999) but that surplus has been stubbornly large. And that is a symptom of something bad. We [...]
- Global| Nov 17 2017
Kansas City Federal Reserve Factory Index Weakens
The Federal Reserve Bank of Kansas City reported that its index of regional manufacturing sector business activity declined to 16 in November following an unrevised October increase to 23. The figure was the lowest reading in three [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2017
U.S. Housing Starts Recover
Total housing starts increased 13.7% (-2.9% y/y) during October to 1.290 million units (AR) following a 3.2% September decline to 1.135 million, revised from 1.127 million. The latest level was the highest in twelve months. A level of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2017
U.S. Home Builder Index Moves Higher
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo increased 2.9% to 70 during November, adding to its October gain. The index was at the highest level since March, up 11.1% y/y. The NAHB [...]
by:Tom Moeller
|in:Economy in Brief
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