Economy in Brief: June 2008

Initial unemployment insurance claims slipped to 381,000 last week from a revised 386,000 during the prior week, which was revised up slightly. Consensus expectations had been for 375,000 claims. The latest figure covers the survey [...]

Initial unemployment insurance claims slipped to 381,000 last week from a revised 386,000 during the prior week, which was revised up slightly. Consensus expectations had been for 375,000 claims. The latest figure covers the survey [...]

Japan’s LEI was unrevised in April but continues to fall at an accelerating pace. Over 12-mos the index fell at a 5.7% pace, over six-months the rate of decline is at a rate of 6.9% and over the recent three months ended in April the [...]

UK orders snapped back to a thin +1 reading for June after -10 net balance reading in May and a deeper decline for April. But the story is that price pressures continue to rage at intense levels at a +28 reading for the July-Sep [...]

During 1Q'08, the US current account deficit deepened slightly to $176.4 billion from a revised $167.2 billion during last year's final quarter. The Q1 deficit was deeper than the Consensus expectation for a figure of $173 billion. [...]

During 1Q'08, the US current account deficit deepened slightly to $176.4 billion from a revised $167.2 billion during last year's final quarter. The Q1 deficit was deeper than the Consensus expectation for a figure of $173 billion. [...]

The retail price for a gallon of regular gasoline rose another four cents last week to $4.08 per gallon, according to the U.S. Department of Energy survey. The rise followed the previous week's six cent increase. For all grades of [...]

U.S. finished producer prices jumped 1.4% last month and the increase was the largest since a 2.6% rise last November. The increase surpassed Consensus expectations for a 1.0% rise. Finished energy prices surged 4.9% (19.4% y/y) as [...]