• Activity index declines to -0.35 in December. • Three-month average at -0.23 suggests below trend growth for Q4. • Production and income indicators led the decline. The Federal Reserve Bank of Chicago’s National Activity Index [...]
Global| Jan 22 2020Chicago Fed National Activity Index Points to Below Trend Growth in Q4
Global| Jan 22 2020Chicago Fed National Activity Index Points to Below Trend Growth in Q4
• Activity index declines to -0.35 in December. • Three-month average at -0.23 suggests below trend growth for Q4. • Production and income indicators led the decline. The Federal Reserve Bank of Chicago's National Activity Index [...]
Global| Jan 22 2020U.S. Energy Prices Decline Again
Retail gasoline prices fell to $2.54 per gallon (+12.7% y/y) in the week ended January 20 from $2.57 per gallon in the previous week. Haver Analytics adjusts prices for seasonal variation. The seasonally adjusted gasoline price eased [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 21 2020ZEW Assessments and Expectations Improve But Gain Less Markedly
The ZEW financial experts, out of 38 assessments, find that there is more strength in 32 of them. The sweep of the change in assessments is undeniably higher in January. The economic situation has four above 50 percentile standings [...]
Global| Jan 21 2020ZEW Experts See Improvement...But Is There Really That Much?
The ZEW financial experts, out of 38 assessments, find that there is more strength in 32 of them. The sweep of the change in assessments is undeniably higher in January. The economic situation has four above 50 percentile standings [...]
Global| Jan 21 2020Philadelphia Fed Nonmanufacturing Business Activity Recovers
The Federal Reserve Bank of Philadelphia reported that its Nonmanufacturing Business Index of current general activity at the company level rebounded to 23.5 during January after declining to 9.1 in December. The index of expected [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 20 2020FIBER: Industrial Commodity Prices Rise Further
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) increased 1.2% during the four weeks ended Friday and 3.8% over the last three months. The price index increased 1.1% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 17 2020U.S. Housing Starts Surge to 13-Year High
Fueled by low interest rates and a strong job market, new home building strengthened during December. Housing starts jumped 16.9% (40.8% y/y) to 1.608 million (AR) from November's 1.375 million...... The housing starts and permits [...]
by:Tom Moeller
|in:Economy in Brief
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