Economy in Brief: November 2015

Gasoline prices at the pump fell last week to $2.18 per gallon, down 6 cents from the prior week. Prices were down 24.7% y/y, but remained 6.9% above the January low of $2.04. Haver Analytics constructs factors adjusting for the [...]

Zew expectations jumped in November, rising to an index level of 10.4 from 1.9 in October. Still, the level in November is below the level in September which stands at 12.1. The November expectations index standing has been stronger [...]

The Consumer Price Index increased 0.2% during October (0.2% y/y) and countered declines during the prior two months. Prices excluding food & energy increased 0.2% (1.9% y/y) for the second straight month. A 0.2% increase in both [...]

If Mario Draghi needed to see continued outright deflation to take more aggressive policy steps, he did not get what he wanted in October. The Haver Analytics seasonally adjusted HICP rises by 0.2% in October while the ECB's own [...]

The Empire State Factory Index of General Business Conditions remained negative for the fourth consecutive month during November. The reading of -10.74 compared to an unrevised -11.36 in October. These diffusion indexes were nearly [...]

The Empire State Factory Index of General Business Conditions remained negative for the fourth consecutive month during November. The reading of -10.74 compared to an unrevised -11.36 in October. These diffusion indexes were nearly [...]

Overall retail sales including food services & drinking places in October edged 0.1% higher (1.8% y/y) following no change during the prior two months. September was revised from +0.1%. A 0.3% rise had been expected in the Action [...]

Total business inventories increased 0.3% during September (2.4% y/y) following a 0.1% August rise. It was the strongest monthly gain in three months but left y/y growth of 2.4% at its lowest since 2010. Retail inventories jumped 0.8% [...]