Economy in Brief: 2018

Gasoline prices declined to an average $2.42 per gallon (-2.6% y/y) from $2.45 during last week. Prices have fallen from an average high of $2.90 early last month to the lowest level since August 2017. Haver Analytics constructs [...]

Total borrowing in U.S. financial markets slowed modestly in Q3 2018, according to the Federal Reserve's Financial Accounts data, which were published last Thursday, December 6. It totaled $2,737 billion at a seasonally adjusted [...]

Borrowing in U.S. financial markets slowed in Q2 2018, according to the Federal Reserve's Financial Accounts data, totaling $2,596 billion at a seasonally adjusted annual rate, compared to $4,512 billion in Q1. The Financial Accounts [...]

Borrowing in U.S. financial markets slowed in Q2 2018, according to the Federal Reserve's Financial Accounts data, totaling $2,596 billion at a seasonally adjusted annual rate, compared to $4,512 billion in Q1. The Financial Accounts [...]

OECD LEIs point to weakness ahead for the OECD area as well as separately for the OECD seven largest economies, the euro area, and the United States. All LEI metrics declined in October as well as over three months, six months and 12 [...]

The Bureau of Labor Statistics reported that the total job openings rate improved to 4.5% during October from 4.4% in September, revised from 4.5%. The job openings rate is the job openings level as a percent of total employment plus [...]

Labor market strength eased during November. Nonfarm payrolls increased 155,000 (1.7% y/y) after a 237,000 rise during October, revised from 250,000. September's gain was raised to 119,000 from 118,000. The November increase fell [...]

Consumer credit outstanding increased $25.38 billion during October following an $11.57 billion September rise, revised from $10.93 billion. A $17.00 billion gain had been expected in the Action Economics Forecast Survey. During the [...]