Economy in Brief: 2011

The table below shows the rise in various national HICP indices since the Euro was launched in January of 1999. We show the average inflation rate by country and also present the aggregate rise in each headline HICP. Interestingly, [...]

The Federal Reserve Bank of New York reported that its Empire State Factory Index of General Business Conditions improved to -3.76. The figure again indicated negative growth in overall conditions but an easing of the rate decline. [...]

Following two months of slight decline, U.S. industrial production rose all of 0.2% last month. Earlier months' figures were revised down slightly. The latest figure was weaker than Consensus expectations for a 0.3% gain according to [...]

The inflation picture brightened slightly last month. The overall CPI declined 0.2%, the first decline in twelve months. The drop compared to Consensus expectations for a 0.1% slip. On a three-month basis prices rose at a moderated [...]

The U.S. Government ran a $43.1 billion budget deficit in June, putting fiscal 2011 to date at $970.5 billion, according to the U.S. Treasury's "Monthly Treasury Statement" released yesterday afternoon. Last year at this time, fiscal [...]

The U.S. Commerce Department reported that business inventories rose 1.0% in May after a revised 1.0% April increase, originally reported as 0.8%. Quicker inventory accumulation raised the inventory-to-sales ratio to 1.28, up from the [...]

Euro-Area inflation was still irregular in June. Among the large countries Italy had the largest monthly rise at 0.2% and Spain showed the largest drop at -0.3%. But the good news is that headline inflation is decelerating across [...]

Initial claims for jobless insurance fell last week to 405,000 versus a revised 427,000 during the week prior, initially reported as 418,000. The Labor Department indicated that the latest figure reflected 11,500 claims due to the [...]