In the 100th anniversary of it release, industrial production rose a greater-than-expected 0.3% (3.9% year-on-year) during December following a downwardly revised 0.4% gain in November (was 0.6%). October's output was revised up to [...]
Global| Jan 18 2019
U.S. Industrial Production Celebrates 100 Years With An Increase
Global| Jan 17 2019
Passenger Car Registrations Hold to Low Ground in Europe
Registrations are broadly weak Passenger car registrations in Europe fell on a year-over-year comparison for the fourth consecutive months in December 2018. In fact, registrations have fallen year-over-year for four straight months in [...]
Global| Jan 17 2019
Philadelphia Fed Manufacturing Index Rebounds; Pricing Pressure Eases
The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index increased to 17.0 during January, the highest level in three months. The Action Economics Forecast Survey median estimate was 10.0. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 17 2019
Philadelphia Fed Manufacturing Index Rebounds; Pricing Pressure Eases
The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index increased to 17.0 during January, the highest level in three months. The Action Economics Forecast Survey median estimate was 10.0. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 17 2019
U.S. Initial Unemployment Insurance Claims Slip
Initial claims for jobless insurance eased to 213,000 (-2.6% y/y) during the week ended January 12 from an unrevised 216,000 during the prior week. The Action Economics Forecast Survey expected 223,000 claims. The four-week moving [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 16 2019
EMU Inflation Pokes Above 2% Then Dives
Inflation in the EMU, in its largest economies, and in the U.K., remains subdued. While French headline inflation is still right at its most acceptable level at a 1.9% pace, its progressive growth rates make it clear that it is [...]
Global| Jan 16 2019
U.S. Mortgage Loan Applications Continue to Strengthen
The Mortgage Bankers Association reported that its total Mortgage Applications Index increased 13.5% (1.4% y/y) during the week ended January 11 following a nearly one-quarter rise during the prior week. Applications to refinance a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 16 2019
EMU Inflation Pokes Above 2% Then Dives
Inflation in the EMU, in its largest economies, and in the U.K., remains subdued. While French headline inflation is still right at its most acceptable level at a 1.9% pace, its progressive growth rates make it clear that it is [...]
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