Economy in Brief: 2019

Initial unemployment insurance claims increased 10,000 to 227,000 in the week ended June 22 ... Continuing claims for unemployment insurance increased to 1.688 million in the week ended June 15.. Data on weekly unemployment claims [...]

The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) dipped to 55.1 in June after rising to 56.9 in May. The Action Economics Forecast Survey had expected a slight deterioration to [...]

The U.S. trade deficit in goods and services widened more than expected in May to $55.5 billion from an upwardly revised $51.2 billion in April (originally $50.8 billion). The consensus expectation from the Action Economics Survey was [...]

The ADP National Employment Report count of private nonfarm payrolls increased a smaller-than-expected 102,000 in June (1.8% year-on-year) following an upwardly-revised 41,000 gain in May (was 27,000). The April reading was revised [...]

The Autodata Corporation reported that sales of light vehicles during June edged down by 0.7% (up 0.3% y/y) to 17.28 million units (SAAR). Total vehicle sales have been moving sideways for the past four years at what the auto industry [...]

The Autodata Corporation reported that sales of light vehicles during June edged down by 0.7% (up 0.3% y/y) to 17.28 million units (SAAR). Total vehicle sales have been moving sideways for the past four years at what the auto industry [...]

The EMU PPI fell by 0.2% in May, dropping for the second month in a row. The year-over-year rate dropped sharply to 1.7% from 2.6% largely because May of one year ago had seen the PPI rise by 0.7% month-to-month. Comparisons are going [...]

U.S. retail gasoline prices increased for the first time in eight weeks, rising to $2.71 (-4.6% y/y) per gallon during the week ended July 1. Haver Analytics calculates factors that adjust for the seasonal variation in gasoline pump [...]