The Federal Reserve Bank of Philadelphia reported that its Nonmanufacturing Business Index of current conditions at the company level fell to 29.4 in September after rising to 32.5 in August. Improving, however, was the index of [...]
Global| Sep 24 2019Philadelphia Fed Nonmanufacturing Business Activity Backpedals
by:Tom Moeller
|in:Economy in Brief
Global| Sep 24 2019U.S. FHFA House Price Appreciation Slower but Still Solid
The Federal Housing Finance Agency (FHFA) Price Index increased 0.4% in July, following a slightly upwardly revised 0.2% increase in June (was 0.1%). Over the last year, home prices are up 5.0%, after growing 4.9% year-on-year in [...]
Global| Sep 24 2019U.S. Crude Oil Market Calms Down, but Gasoline Prices Rise
The surge in crude oil prices after last week's attack on Saudi Arabian oil fields has given way more or less to stability. The price of West Texas Intermediate crude oil fell to levels close to $58.00 per barrel this week after [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 23 2019PMIs Show Weakness Relapse in Europe
The flash EMU composite PMI has fallen to 50.4 in September from 51.8 in August. This is a substantial drop of 1.4 points month-to-month. Since February 2015, the average monthly change (in absolute value) in the composite PMI has [...]
Global| Sep 23 2019Chicago Fed National Activity Index Improves
The Federal Reserve Bank of Chicago reported that its National Activity Index rose to 0.10 during August from -0.41 in July. The three-month moving average, which irons out volatility in the monthly figures, rose to -0.06 last month [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 23 2019U.S. Financial Accounts Show Continuing Moderation in Borrowing
Total borrowing in U.S. financial markets was $2,463 billion in Q2 2019, down from $3,328 billion in Q1, according to the Federal Reserve's Financial Accounts data, which were released September 20. This Q2 amount represented 11.5% of [...]
Global| Sep 20 2019U.S. Financial Accounts Show Q1 Rebound in Borrowing
Total borrowing in U.S. financial markets was $3,504 billion in Q1 2019... The Financial Accounts data are in Haver's FFUNDS database. Associated information is compiled in the Integrated Macroeconomic Accounts produced jointly with [...]
Global| Sep 20 2019U.S. Financial Accounts Show Continuing Moderation in Borrowing
PREVIOUS>>>Total borrowing in U.S. financial markets was $3,504 billion in Q1 2019... The Financial Accounts data are in Haver's FFUNDS database. Associated information is compiled in the Integrated Macroeconomic Accounts produced [...]
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