Economy in Brief

Consumer Credit - M/M change $17.04253 Billion in Jan 2018 - Nov 21.06845 2018 - Dec 15.37630 2019 - Jan 17.04253 The consumer credit data are available in Haver's USECON database. The Action Economics figures are contained in the [...]

Consumer Credit - M/M change $17.04253 Billion in Jan 2018 - Nov 21.06845 2018 - Dec 15.37630 2019 - Jan 17.04253 The consumer credit data are available in Haver's USECON database. The Action Economics figures are contained in the [...]

Consumer credit outstanding increased $15.18 billion (5.0% year-on-year) to $4.046 trillion during February, following an upwardly revised $17.72 bil. in January (was $17.04 bil.). A $17.5 billion gain had been expected in the Action [...]

The March jobs report added to other indications that economic activity perked up last month. After having been restrained by bad winter weather in February, auto sales, the ISM factory index and existing home sales each rose. [...]

The February German report on industrial production shows a 0.7% gain after a flat result in January that has been revised up from a decline previously. The industrial sector is mixed. The headline shows a 5.9% annual rate of increase [...]

The March jobs report added to other indications that economic activity perked up last month. After having been restrained by bad winter weather in February, auto sales, the ISM factory index and existing home sales each rose. [...]

The chart of year-on-year growth rates pretty much tells the story. Domestic orders in Germany have been weak and declining since early in 2018. The pace of their erosion has been both steady and relentless. But foreign order growth [...]

The labor market remains strong. Initial unemployment insurance claims declined to 202,000 (-9.2% y/y) during the week ended March 30 from 212,000 in the prior week, revised from 211,000. It was the lowest level of claims since the [...]