The economy began 2019 on a firm footing. Gross domestic product, adjusted for price inflation, increased 3.2% during Q1 2019. The gain lifted growth during the last four quarters to 3.2%, the strongest increase since Q2 2015. The [...]
Global| Apr 26 2019U.S. GDP Growth Unexpectedly Accelerates as Price Gains Slow
by:Tom Moeller
|in:Economy in Brief
Global| Apr 26 2019U.S. GDP Growth Unexpectedly Accelerates as Price Increase Slows
The economy began 2019 on a firm footing. Gross domestic product, adjusted for price inflation, increased 3.2% during Q1 2019. The gain lifted growth during the last four quarters to 3.2%, the strongest increase since Q2 2015. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 26 2019Japan's Retail Sales Lose Traction
Retail sales in Japan scored an increase in March after two consecutive monthly declines. Still, the just-completed first quarter is showing sales fall at a 4.2% annual rate. The sequential growth rates show that sales have been [...]
Global| Apr 25 2019TT
Initial claims for unemployment insurance decreased to 192,000 (-15.4% year-on-year) during the week ended April 13 Continuing claims for unemployment insurance declined 63,000 to 1.653 million (-10.7% y/y) in the week ending April [...]
Global| Apr 25 2019Kansas City Federal Reserve Reports Moderating Factory Activity
The Federal Reserve Bank of Kansas City indicated that its index of regional manufacturing sector business activity declined to five in April from 10 in March. It remained down versus the high of 26 reached last May. The ISM-Adjusted [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 25 2019TT
Initial claims for unemployment insurance decreased to 192,000 (-15.4% year-on-year) during the week ended April 13 Continuing claims for unemployment insurance declined 63,000 to 1.653 million (-10.7% y/y) in the week ending April [...]
Global| Apr 25 2019U.K. Shows Mixed Results for Distributive Trades Survey
The U.K. distributive trades retail survey is generally more upbeat than the wholesale survey in April. That is true for the current readings as well as for the forward-looking expectations. The difference in the assessment, [...]
Global| Apr 25 2019U.S. Durable Goods Orders Rebound; Capital Goods Orders Surge
New orders for durable goods increased 2.7% (2.3% y/y) during March after a 1.1% February decline, revised from -1.6%. A 0.8% increase had been expected in the Action Economics Forecast Survey. A 7.0% (1.2% y/y) strengthening in [...]
by:Tom Moeller
|in:Economy in Brief
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