Economy in Brief

Is it possible for a policy recession to occur when successive rounds of policy-stimulus have worked to extend the economic cycle and the policy-fuel runs out or cannot be provided in the same scale? We may soon find out. The current [...]

Initial claims for unemployment insurance eased to 210,000 (-0.9% y/y) during the week ended October 5 from 220,000 in the previous week, revised from 219,000. The Action Economics Forecast Survey expected 217,000. The four-week [...]

In today's trade report, Germany logged a drop in exports of 1.8% month-to-month and of -1.1% year-on-year for August. German imports edged higher by 0.5% month-to-month while falling by 1% year-on-year. Germany's trade deficit fell [...]

The Consumer Price Index remained unchanged during September (1.7% y/y) following a 0.1% uptick in August. Expectations had been for a 0.1% rise in the Action Economics Forecast Survey. The CPI excluding food & energy rose 0.1% (2.4% [...]

Initial claims for unemployment insurance eased to 210,000 (-0.9% y/y) during the week ended October 5 from 220,000 in the previous week, revised from 219,000. The Action Economics Forecast Survey expected 217,000. The four-week [...]

The BoF survey indicator fell to 96.0 in September from 98.9 in August. With the survey in hand, the Bank of France is looking for Q3 GDP to gain 0.3%, the same as its previous estimate. However, the survey indicator has only a 27th [...]

Wholesale inventories increased 0.2% during August (6.2% y/y), the same as in July. A 0.4% rise had been expected in the Informa Global Markets Survey. Durable goods inventories rose 0.3% (8.3% y/y) in August after holding steady in [...]

The Bureau of Labor Statistics reported that the total job openings rate slipped to 4.4% during August from an unrevised 4.5% in July. It remained below the 4.8% record reached in January. The job openings rate is the job openings [...]