The Federal Housing Finance Agency's (FHFA) index of U.S. house prices remained unchanged during January following a 0.4% December increase and a 0.6% November improvement. From January 2016 to January 2017, the home price index rose [...]
- Global| Mar 22 2017
U.S. FHFA House Price Index Momentum Diminishes
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 21 2017
U.S. Petroleum Prices Stabilize; Natural Gas Strengthens
Regular gasoline prices held steady last week at $2.32 per gallon (+15.6% y/y). Prices remained lower than the 2014 high of $3.71 per gallon. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline pump [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 21 2017
U.S. Current Account Deficit Narrows Q/Q, Yet Deepens for the Year
The U.S. current account deficit declined to $112.4 billion during last year's fourth quarter from $116.0 billion in Q3'16. The Q4 deficit figure compared to $128.2 billion expected in the Action Economics Forecast Survey. The latest [...]
by:Tom Moeller
|in:Economy in Brief
The U.K. inflation rate moved up above the BOE's 2% threshold for inflation, surprising markets. Bank of England Governor Mark Carney reacted to the report, saying that it was important not to overreact to economic data for a single [...]
- Global| Mar 21 2017
Philadelphia Fed Nonmanufacturing Business Conditions Ease
The Federal Reserve Bank of Philadelphia's Nonmanufacturing Business Index of current conditions in March fell to 32.5 from 38.0 during February. Despite the monthly decline, the index improved versus the averages for 2016 and 2015. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 20 2017
FIBER: Industrial Commodity Prices Weaken Moderately This Month
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) declined 1.6% during the last four weeks, but has risen 18.7% during the last twelve months. This follows strength [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 20 2017
German PPI Runs Wild But May Not Translate Into Substantial CPI Changes
The German PPI rose in February. It gained 0.3% in February relative to January, pushing the year-on-year gauge up to a 3.0% gain as the sequential readings rose to a 4.6% pace over six months and a 6.1% annualized pace over three [...]
- Global| Mar 17 2017
U.S. Leading Economic Indicators Gain Is Steady & Firm
The Conference Board's Composite Index of Leading Economic Indicators increased 0.6% (3.1% y/y) during February, the same as during the prior two months. A 0.3% rise had been expected in the Action Economics Forecast Survey. A steeper [...]
by:Tom Moeller
|in:Economy in Brief
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