ZEW survey expectations curled higher this month but continued to stake out very weak readings. The average ZEW expectation change (unweighted) for the seven countries/regions in the table is a rise of 9.6 points. Even so, the average [...]
Global| Mar 19 2019ZEW's Global Assessments Remain Weak
Global| Mar 19 2019U.S. Factory Orders Inch Higher; Shipments Fall Again
Manufacturers' orders gained 0.1% (4.2% y/y) during January, the same as in December which was unrevised. The 0.3% rise had been expected in the Action Economics Forecast Survey. Orders for durable goods improved 0.3% (8.4% y/y), [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 19 2019U.S. Gasoline & Crude Oil Prices Continue to Rise
Petroleum product prices rose further last week. Retail gasoline prices increased to $2.55 per gallon (-1.9% y/y), up for the sixth straight week from the low of $2.25. Haver Analytics constructs factors adjusting for the seasonal [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 18 2019U.S. Home Builder Sentiment Remains Improved
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo held steady at 62 during March after increasing to that level in February. The index remained up from the December low of 56, but below the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 18 2019EMU Trade Surplus Expands on Weak Import Rise
In the EMU, both import and export gains were modest in January. Imports rose by just 0.3% while exports gained 0.8%, expanding the monthly surplus in January to 17.04 billion euros from 16.02 billion euros in December. The surplus [...]
Global| Mar 15 2019U.S. Industrial Production Declines Broadly
Industrial production declined 0.6% (+3.8% y/y) during January....... Manufacturing production declined 0.9% (+2.8% y/y) .... Industrial production and capacity data and US Population-Weighted Heating and Cooling Days are included in [...]
Global| Mar 15 2019U.S. Industrial Production Declines Broadly
Industrial production declined 0.6% (+3.8% y/y) during January....... Manufacturing production declined 0.9% (+2.8% y/y) .... Industrial production and capacity data and US Population-Weighted Heating and Cooling Days are included in [...]
Global| Mar 15 2019U.S. JOLTS: Job Openings Remain Abundant
The Bureau of Labor Statistics reported that the total job openings rate increased to 4.8% during January and matched the record high. The job openings rate is the job openings level as a percent of total employment plus the job [...]
by:Tom Moeller
|in:Economy in Brief
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