Economy in Brief: November 2015

The overall Final Demand Producer Price Index fell 0.4% during October (-1.6% y/y) following an unrevised 0.5% September decline. The Action Economics Forecast Survey expected a 0.2% increase. Prices excluding food & energy were off [...]

EMU shows year-over-year GDP in a ramp up in growth to 1.6% in Q3 from 1.5% in Q2 and 1.2% in Q1. Yet, five of ten EMU member in the table saw year-over-year GDP growth decelerate in Q3 from Q2; only The Netherlands decelerated in Q2. [...]

Overall retail sales including food services & drinking places in October edged 0.1% higher (1.8% y/y) following no change during the prior two months. September was revised from +0.1%. A 0.3% rise had been expected in the Action [...]

The U.S. Treasury Department reported a $136.5 billion budget deficit during October, deeper than the $121.7 billion deficit twelve months earlier A $127.5 billion deficit had been expected in the Action Economics Forecast Survey. [...]

The job openings rate rose to 3.7% during September from 3.6% during August. The latest figure compared to 3.2% one year earlier and remained near the highest level of the economic recovery. The private sector job openings rate of [...]

Euro Zone IP fell by 0.3% in September after dropping by 0.4% in August. Manufacturing IP also has been falling for two consecutive months. Although the EMU-Area MFG PMI is above the "boom-bust- line" of 50, IP in the Zone is falling. [...]

Initial claims for unemployment insurance held steady during the week ended November 7 at 276,000 (-6.1% y/y). The prior week's level was unrevised and the highest since the last week of September. The Action Economics Forecast Survey [...]

The job openings rate rose to 3.7% during September from 3.6% during August. The latest figure compared to 3.2% one year earlier and remained near the highest level of the economic recovery. The private sector job openings rate of [...]