Economy in Brief

Globally inflation trends remain subdued. In the EMU and within the EMU, inflation is low and trends are moderating and pointing lower still. The EMU headline is slightly deflating and the core is mixed. Between trends for year-to- [...]

Globally inflation trends remain subdued. In the EMU and within the EMU, inflation is low and trends are moderating and pointing lower still. The EMU headline is slightly deflating and the core is mixed. Between trends for year-to- [...]

Following four consecutive months of increase, the Composite Housing Market Index from the National Association of Home Builders-Wells Fargo eased during November. The 1.4% decline from October to 70 left the index up 16.7% y/y, and [...]

Industrial production fell 0.4% (-0.1% y/y) during September.... Industrial production and capacity data and US Population-Weighted Heating and Cooling Days are included in Haver's USECON database. Additional detail on production and [...]

The Empire State Manufacturing Index of General Business Conditions for October rose to 4.0........ The Empire State figures are diffusion indexes, which are calculated by subtracting the percentage of respondents reporting declines [...]

Import prices fell a greater-than-expected 0.5% during October (-3.0% year-on-year), following a downwardly revised 0.1% gain in September (was 0.2%). The Action Economics Forecast Survey expected a 0.4% decline in October. These [...]

The one point of crystal clear clarity on the issue of trade is that trade flows are slowing down. One –sometimes exception is for nonmanufacturing goods where commodity prices are playing a role rather than stronger trends in [...]

The National Association of Realtors reported that its Fixed Rate Mortgage Housing Affordability Index rose 2.8% to 164.3 during September (11.5% y/y), the fourth consecutive month of increase. Despite the rise, affordability remained [...]