Import prices fell a greater-than-expected 0.5% during August (-2.0% year-on-year), following a downwardly revised 0.1% gain in July (was 0.2%). The Action Economics Forecast Survey expected a 0.4% decline in August. These figures are [...]
Global| Sep 13 2019Import and Export Prices Fall with Commodity Prices
Global| Sep 12 2019U.S. Initial Claims for Unemployment Insurance Fall; Labor Day Holiday and Hurricane Create Challenges
Initial claims for unemployment insurance fell 15,000 to 204,000 (-1.9% year-on-year) during the week ending September 7 from a slightly upwardly-revised reading of 219,000 in the previous week (was 217,000). This is the lowest level [...]
Global| Sep 12 2019U.S. Government Budget Deficit Tops $1 Trillion
The U.S. Treasury Department reported that the federal government ran a $1.067 trillion budget deficit during the first 11 months of FY'19. It was the first time in seven years that the deficit was that deep, and compared to an $898.1 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 12 2019Euro Area IP Falls for the Second Straight Month; IP Declines over 3 Months, 6 Months and 12 Months
EMU-area industrial output declined in July but fell by less than it did in June. Headline and manufacturing IP trends both show deteriorating trends from 12 months to six months to three months. Intermediate goods show the fastest [...]
Global| Sep 12 2019U.S. CPI Edges Higher; Core Prices Accelerate Y/Y
The Consumer Price Index rose 0.1% during August (1.7% y/y) following a 0.3% July increase. The rise matched expectations in the Action Economics Forecast Survey. The CPI excluding food & energy increased 0.3% for the third straight [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 12 2019U.S. Initial Claims for Unemployment Insurance Fall; Labor Day Holiday and Hurricane Create Challenges
Initial claims for unemployment insurance fell 15,000 to 204,000 (-1.9% year-on-year) during the week ending September 7 from a slightly upwardly-revised reading of 219,000 in the previous week (was 217,000). This is the lowest level [...]
Global| Sep 11 2019TT
The survey covers over 75% of all U.S. retail residential mortgage applications and has been conducted weekly since 1990. Respondents include mortgage bankers, commercial banks and thrifts. The base period and value for all indexes is [...]
by:Sandy Batten
|in:Economy in Brief
Global| Sep 11 2019EMU Inflation Remains Low, Growth Weak; Focus in on Thursday's ECB Meeting
The early reporters of August's HICP that are ‘original' EMU members are listed in the table. EMU inflation is low; most member inflation rates are low and below the pace set for the EMU-wide HICP itself. There are no country level [...]
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