The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) declined 14.3% during the four weeks ended Friday and 20.5% over the last year. The price index fell to the lowest level [...]
Global| Apr 06 2020FIBER: Industrial Commodity Prices Post Broad-based Declines
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2020U.S. ISM Nonmanufacturing Misleadingly Strong in March
• ISM Nonmanufacturing index declined substantially less than expected to 52.5. • COVID-19 related slowdown in supplier deliveries drove this reading. • Slower supplier deliveries normally suggest economic strength, but in this case [...]
Global| Apr 03 2020Composite PMIs Show True and Sudden Weakness
While the deterioration experienced in most PMIs whether sector or composite generally is severe in March, despite the abruptness of the March collapse the table memorializes a long period of slowing that has preceded the current [...]
Global| Apr 03 2020U.S. Nonfarm Payrolls Collapse; Jobless Rate Surges by Almost One Point
The job market unwound during March. The figures in today's report derive from a survey taken three weeks ago and, therefore, miss the bulk of the recent layoff activity due to the coronavirus outbreak. Nonfarm payroll employment [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2020U.S. ISM Nonmanufacturing Misleadingly Strong in March
• ISM Nonmanufacturing index declined substantially less than expected to 52.5. • COVID-19 related slowdown in supplier deliveries drove this reading. • Slower supplier deliveries normally suggest economic strength, but in this case [...]
Global| Apr 03 2020U.S. Nonfarm Payrolls Collapse; Jobless Rate Surges by Almost One Point
The job market unwound during March. The figures in today's report derive from a survey taken three weeks ago and, therefore, miss the bulk of the recent layoff activity due to the coronavirus outbreak. Those numbers only take into [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2020U.S. Nonfarm Payrolls Collapse; Jobless Rate Surges by Almost One Poin
The job market unwound during March. The figures in today's report derive from a survey taken three weeks ago and, therefore, miss the bulk of the recent layoff activity due to the coronavirus outbreak. r, those numbers only take into [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2020U.S. Nonfarm Payrolls Collapse; Jobless Rate Surges by Almost One Point
The job market unwound during March. The figures in today's report derive from a survey taken three weeks ago and, therefore, miss the bulk of the recent layoff activity due to the coronavirus outbreak. Nonfarm payroll employment [...]
by:Tom Moeller
|in:Economy in Brief
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