The Conference Board's Composite Index of Leading Economic Indicators increased 0.6% (4.0% y/y) during June following a 0.2% May gain, revised from 0.3%. It was the strongest increase since January. A 0.3% rise had been expected in [...]
- Global| Jul 20 2017
U.S. Leading Economic Indicator Gain Improves
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 20 2017
Japan's Trade Surplus Stays Small
In late 2015, Japan shook off a string of deficits on its trade account and began to post surpluses. The surpluses rose into 2016, but since then they have been unable to build momentum. Aside from one large surplus posted early this [...]
- Global| Jul 20 2017
Philadelphia Fed Factory Conditions Index Declines Further
The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index fell to 19.5 during July and added to its June decline to 27.6. It was the lowest reading since November. The figure compared to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 20 2017
U.S. Initial Unemployment Insurance Claims Return to Nine-Week Low
Initial claims for jobless insurance claims fell to 233,000 (-4.4%) during the week ended July 15 from 248,000 in the prior week, revised from 247,000. Expectations called for 245,000 claims in the Action Economics Forecast Survey. It [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 19 2017
U.S. Mortgage Loan Applications Rebound
The Mortgage Bankers Association reported that its total Mortgage Applications Volume Index increased 6.3% (-32.2% y/y) in the week ended July 14 following a 7.4% decline in the prior week. Purchase applications improved 1.1% (6.8% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 19 2017
U.S. Housing Starts & Building Permits Rebound
Total housing starts increased 8.3% (2.1% y/y) during June to 1.215 million (AR) from 1.122 million in May, revised from 1.092 million. It was the highest level of starts since February. Starts of 1.150 million had been expected in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 18 2017
ZEW Financial Experts Show Few Significant Changes in Their View
The ZEW index in July continues to point to very strong prevailing current conditions in Germany against a minor step back for German expectations. However, the current assessment for the euro area is up solidly in July, rising to [...]
- Global| Jul 18 2017
U.S. Gasoline Prices Ease; Crude Oil Costs Improve
Regular gasoline prices fell to $2.28 per gallon last week (+2.2% y/y) from $2.30 in the prior week. They were down versus the high of $2.45 per gallon in late-April. Haver Analytics constructs factors adjusting for the seasonal [...]
by:Tom Moeller
|in:Economy in Brief
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