Economy in Brief: 2019

Job growth rebounded during June. Nonfarm payrolls increased 224,000 (1.5% y/y) last month following a 72,000 May rise, revised from 75,000. So far this year, payrolls have risen an average 172,000 per month after a 223,000 monthly [...]

Germany's factory orders fell by more-than-expected in May. Total orders decreased 2.2% month-on-month in May, in contrast to a 0.4% rise in April. Domestic orders advanced by 0.7%, while foreign orders fell by a large 4.3%. Orders [...]

Job growth rebounded during June. Nonfarm payrolls increased 224,000 (1.5% y/y) last month following a 72,000 May rise, revised from 75,000. So far this year, payrolls have risen an average 172,000 per month after a 223,000 monthly [...]

Initial claims for unemployment insurance decreased 13,000 to 209,000 (-1.4% year-on-year) during the week ending July 6 from a slightly upwardly-revised reading of 222,000 in the previous week (was 221,000). While this is the lowest [...]

Manufacturers' orders declined 0.8% (+1.0% y/y) during April... The factory sector figures are available in Haver's USECON database. The expectation figure is in the AS1REPNA database. Factory Sector (% chg) - NAICS Classification May [...]

Japan's PMI readings in June barely moved. The composite ticks higher. Manufacturing weakens and continues to contract. The services sector does two ticks better than May. The ranking of the sector readings since January 2015 show [...]

Manufacturers' orders declined a greater-than-expected 0.7% (-1.2% year-on-year) in May following a slightly downwardly-revised 1.2% drop in April (was -0.8%). The Action Economics Forecast survey looked for a 0.5% decrease. Factory [...]

Initial unemployment insurance claims decreased 8,000 to 221,000 in the week ended June 29 from a slightly upwardly revised 229,000 (originally 227,000) the previous week. The consensus expectation in the Action Economics Survey was [...]