Economy in Brief

The OECD’s LEI markers are on a razor’s edge path. Few of the major country or regional indexes are truly either weak or strong. The indicators cluster on the line of neutrality, failing to give us the comfort we seek in these [...]

The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) declined 2.1% during the last month, but rose 9.8% in the last year. It has fallen for three straight weeks. Despite the [...]

The U.S. trade deficit in goods and services fell to $46.20 billion during April............. The international trade data can be found in Haver's USECON database. Detailed figures are available in the USINT database. The expectations [...]

PREVIOUS .....The U.S. trade deficit in goods and services fell to $46.20 billion during April............. The international trade data can be found in Haver's USECON database. Detailed figures are available in the USINT database. [...]

The job market remained firm during June. Nonfarm payrolls increased 213,000 (1.6% y/y) following a 244,000 May rise and a 175,000 April gain. Together, payrolls during these two months were revised up by 37,000. A 191,000 rise in [...]

Strong IP gains for Germany German industrial production (IP) is up by a strong 2.6% in May after a 1.3% decline in April. Germany is breaking out of a period in which output gains have lagged. But we will have to watch closely to see [...]

The U.S. trade deficit in goods and services fell to $43.1 billion in May from a slightly downwardly revised $46.1 billion during April. It was the smallest deficit since October 2016. A $43.9 billion deficit had been expected by the [...]

The job market remained firm during June. Nonfarm payrolls increased 213,000 (1.6% y/y) following a 244,000 May rise and a 175,000 April gain. Together, payrolls during these two months were revised up by 37,000. A 191,000 rise in [...]