Economy in Brief: 2019

in the U.S. increased to $2.78 per gallon (-3.0% y/y) from $2.74 in the previous week. It was the highest price since early-June. Haver Analytics adjusts for the seasonal variation in gasoline pump prices. The seasonally adjusted [...]

Import prices fell 0.3% (-1.5% y/y) during May........ Export prices declined 0.2% (-0.7% y/y)........ The import and export price series can be found in Haver's USECON database. Detailed figures are available in the USINT database. [...]

The industrial sector exhibited life last month. Industrial production increased 0.4% (2.0% y/y) during May Industrial production and capacity data and US Population-Weighted Heating and Cooling Days are included in Haver's USECON [...]

Total business inventories rose 0.3% (5.3% y/y) during May following an unrevised 0.5% April gain. Total business sales rose 0.2% (1.5% y/y) following an unrevised 0.2% decline. The inventory-to-sales (I/S) ratio held steady at an [...]

The ZEW experts' macroeconomic current assessment in July has been cut for the euro area, Germany, Japan, and the United Kingdom. The U.S. outlook stepped up in July while the weak outlook for Italy improved and the negative outlook [...]

The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo edged up to 65 in July from 64 in June, reversing half of its June decline. Compared with a year ago, the index is 3 points lower and [...]

Improvement in consumer spending continues to underscore the economic expansion. Total retail sales increased 0.4% (1.8% y/y) during June following a 0.4% May gain, revised from a 0.5%. April's increase was revised also to 0.4% from [...]

Improvement in consumer spending continues to underscore the economic expansion. Total retail sales increased 0.4% (3.4% y/y) during June following a 0.4% May gain, revised from a 0.5%. April's increase was revised also to 0.4% from [...]