Economy in Brief

The GfK economic index, that looks ahead to preview September for Germany, shows a slight downtick in its consumer gauge. The recent history shows that German confidence has been bumping along its rent ceiling sketching out a [...]

The National Association of Realtors (NAR) reported that pending sales of existing homes declined 0.7% during July following a 1.0% June rise, revised from 0.9%. Sales fell to an index level of 106.2 (2001=100) and remained down 2.3% [...]

Real gross domestic product grew 4.2% (AR) during Q2'18 (2.9% y/y), revised higher from 4.1% reported initially. It remained the strongest increase since Q3'14. A 4.0% gain had been expected in the Action Economics Forecast Survey. [...]

The pump price for a gallon of gasoline has been fairly steady near $2.83 per gallon since the end of June. Nevertheless, prices remained up 17.8% y/y. Haver Analytics constructs factors to adjust for the marked seasonal variation in [...]

As central bankers have been acting, planning and pondering their next move, all of them are on the road or on the tilt to reduced monetary stimulus. The Fed in the U.S. is the farthest along that trail with some 7-notches on its [...]

Consumer confidence improved this month to its firmest level since October 2000. The Conference Board Consumer Confidence Index during August jumped 4.3% (10.8% y/y) to 133.4 from 127.9 in July, initially reported as 127.4. The August [...]

The pump price for a gallon of gasoline has been fairly steady near $2.83 per gallon since the end of June. Nevertheless, prices remained up 17.8% y/y. Haver Analytics constructs factors to adjust for the marked seasonal variation in [...]

The Federal Reserve Bank of Dallas indicated in its Texas Manufacturing Outlook Survey that the General Business Activity Index fell to 30.9 during August after easing to 32.3 in July. Despite these declines, the index remained up [...]