Economy in Brief: November 2017

Manufacturing sector orders increased 1.4% during September (5.3% y/y) following an unrevised 1.2% August gain. Durable goods orders rose 2.0% (5.9% y/y), revised from the advance estimate of a 2.2% gain which followed a 2.1% August [...]

Asia PMIs are not doing as well as the PMIs of the economies in the West at the moment. Front and center is China with a total PMI that has slipped from a modest 51.4 reading in September to a 51.0 reading in October. China's [...]

The U.S. nonmanufacturing ISM index has moved even higher in October and this is one report that shows no impact whatsoever from hurricane damage. In fact, in September the nonmanufacturing index moved even more sharply higher from [...]

Nonfarm payrolls increased 261,000 (1.4% y/y) during October following an 18,000 September increase and a 208,000 August gain. Together these two figures were revised up by 90,000. A 318,000 increase in payrolls had been expected in [...]

The U.S. trade deficit in goods and services widened to $43.5 billion in September from a slightly upwardly revised $42.8 billion shortfall in August. A $43.2 billion deficit had been expected in the Action Economics Forecast Survey. [...]

Nonfarm payrolls increased 261,000 (1.4% y/y) during October following an 18,000 September increase and a 208,000 August gain. Together these two figures were revised up by 90,000. A 318,000 increase in payrolls had been expected in [...]

Dots represent quarterly confidence points; the line connects dots since the report has become monthly. Japan's consumer confidence moved up to 44.5 in October form 43.9 in September. It was last stronger in September 2013. And then [...]

Initial claims for unemployment insurance declined to 229,000 (-12.2% y/y) during the week ended October 28 from 234,000 in the prior week, revised from 233,000. The Labor Department indicated that the number of claims continued to be [...]