The National Federation of Independent Business (NFIB) reported that its Small Business Optimism Index slipped to 107.4 during October, down for the second straight month and from August's record high of 108.8. The index level [...]
Global| Nov 13 2018U.S. Small Business Optimism Eases Again
by:Tom Moeller
|in:Economy in Brief
Global| Nov 12 2018Swing Lower OECD Chariot...Carrying Me Where?
The OECD area shows barely or below normal growth readings (indexes at or below 100) for all countries and regions in the top of Table 1 since June. Six months ago, three countries or regions had readings at or above 100 (the whole of [...]
Global| Nov 12 2018FIBER: Industrial Commodity Price Index Declines Again
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) declined 3.8% during the last four weeks. The price decline has totaled 13.1% since the peak during the middle of June. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 09 2018French IP Backtracks and Falls Year-over-Year
French industrial production (IP) fell by 2.1% in September. It is the largest monthly percentage drop since March 2016. France now shows declines in manufacturing IP over 12 months, six months and three months. The annualized [...]
Global| Nov 09 2018Wholesale Inventories and Sales Increase Modestly
Wholesale inventories increased 0.4% (5.2% y/y) during September following a 0.9% August rise, revised from 1.0%. The September gain compared to a 0.3% rise expected in the Informa Global Markets Survey and a 0.4% increase reported in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 09 2018U.S. Producer Prices Exhibit Broad-based Strength
The headline Final Demand Producer Price Index using new methodology increased 0.6% during October (2.9% y/y) following a 0.2% September gain. It was the largest increase since September 2012. A 0.3% rise had been expected in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 08 2018FOMC Holds Interest Rates Steady
The Federal Open Market Committee voted unanimously at today's meeting to maintain the federal funds rate target in a range between 2.00% and 2.25%. The action was expected in the Action Economics Forecast Survey. The Fed indicated [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 08 2018Is the German Trade Surplus on a Sustainable Path Lower?
Germany's exports have lost momentum as one year ago their pace was 9.6% while now their 12-month gain is only 1.8%. Exports are decelerating over six months to a pace that is flat and they are falling at a 5.4% annualized rate over [...]
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