Economy in Brief: November 2007

The index of manufacturing activity in New York State for November fell modestly to 27.37 from 28.75 last month which was its highest level in three years. The figures are reported by the Federal Reserve Bank of New York. Since the [...]

German wages and salaries are losing momentum. In inflation-adjusted terms the slow down is substantial and has turned real trends negative over the past year. The downward pressure is not abating. In September nominal wages and [...]

The index of manufacturing activity in New York State for November fell modestly to 27.37 from 28.75 last month which was its highest level in three years. The figures are reported by the Federal Reserve Bank of New York. Since the [...]

After their exodus from US financial markets in August, foreign investors returned in September with moderate net purchases of US long-term securities. These totaled $26.4 billion, compared with August's $70.6 billion liquidation [...]

Exports slow as imports rise. It is too soon to chalk up the dwindling trade surplus of Europe to the high Euro, but this month’s report is another hint. The surplus is sketching out a shrinking pattern beyond the simple drop of this [...]

Total business inventories rose a moderate 0.4% during September following the prior month's 0.3% gain. The three month change in inventories remained stable with the prior few months, up from earlier this year but half the growth [...]

Industrial production declined during October versus a Consensus expectation for a 0.1% uptick. The decline was the first since January and it was the largest m/m in two years. Because of modest 0.2% gains during the prior two months [...]

Industrial production declined during October versus a Consensus expectation for a 0.1% uptick. The decline was the first since January and it was the largest m/m in two years. Because of modest 0.2% gains during the prior two months [...]