Economy in Brief

• Current account deficit grows as exports & imports decline. • Goods & services balances both deteriorate. The U.S. current account deficit grew to $170.5 billion in Q2 2020 from $111.5 billion in Q1, revised from $104.2 billion. The [...]

The graph clearly depicts two recent hammer blows to European car registrations. The first came in the wake of the emissions scandals in 2018. The second, of course, is the recent episode with the coronavirus, the ensuing recession, [...]

The graph clearly depicts two recent hammer blows to European car registrations. The first came in the wake of the emissions scandals in 2018. The second, of course, is the recent episode with the coronavirus, the ensuing recession, [...]

The graph clearly depicts two recent hammer blows to European car registrations. The first came in the wake of the emissions scandals in 2018. The second, of course, is the recent episode with the coronavirus, the ensuing recession, [...]

The graph clearly depicts two recent hammer blows to European car registrations. The first came in the wake of the emissions scandals in 2018. The second, of course, is the recent episode with the coronavirus, the ensuing recession, [...]

• New home building declined m/m but remained higher y/y. • Building permits eased. Housing starts declined 5.1% (+2.8% y/y) during August to 1.416 million (SAAR) from 1.492 million during July, revised from 1.496 million. The decline [...]

• New home building declined m/m but remained higher y/y. • Building permits eased. Housing starts declined 5.1% (+2.8% y/y) during August to 1.416 million (SAAR) from 1.492 million during July, revised from 1.496 million. The decline [...]

• New home building declined m/m but remained higher y/y. • Building permits eased. Housing starts declined 5.1% (+2.8% y/y) during August to 1.416 million (SAAR) from 1.492 million during July, revised from 1.496 million. The decline [...]