Germany's industrial production in January rose by 0.8%, continuing a string of advances. Over the last three months, industrial production is expanding at a sharp 13.9% annual rate. That's up significantly from a 5.9% annual rate [...]
Global| Mar 07 2014
German IP Picks Up Strongly As Consumer Goods Lag
Global| Mar 07 2014
U.S. Trade Deficit Holds Steady
The U.S. foreign trade deficit remained at $39.1 billion in January versus December's $39.0 billion, last month reported as $38.7 billion. A $38.5 billion deficit had been expected in the Action Economics Forecast Survey. Both exports [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 07 2014
U.S. Payroll Employment and Earnings Improve; Jobless Rate Ticks Higher
Nonfarm payrolls grew 175,000 during February following a 129,000 January increase, initially reported as 113,000. The rise outpaced expectations for a 145,000 increase in the Action Economics Forecast Survey. The unemployment rate [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 07 2014
U.S. Payroll Employment and Earnings Improve; Jobless Rate Ticks Higher
Nonfarm payrolls grew 175,000 during February following a 129,000 January increase, initially reported as 113,000. The rise outpaced expectations for a 145,000 increase in the Action Economics Forecast Survey. The unemployment rate [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 06 2014
U.S. Financial Accounts Show Larger Total Credit Demand, But Households and Corporations Use Less
The Federal Reserve's financial accounts data (formerly known as the "flow of funds") for Q4 show total credit market borrowing at a $3.12 trillion annual rate, compared with $1.75 trillion in Q3 and the largest amount since Q1 2008. [...]
Global| Mar 06 2014
U.S. Financial Accounts Show Larger Total Credit Demand, But Households and Corporations Use Less
The Federal Reserve's financial accounts data (formerly known as the "flow of funds") for Q4 show total credit market borrowing at a $3.12 trillion annual rate, compared with $1.75 trillion in Q3 and the largest amount since Q1 2008. [...]
Global| Mar 06 2014
U.S. Worker Productivity Growth Is Revised Lower
Nonfarm business sector productivity improved 1.8% last quarter (1.3% y/y), revised down from last month's estimate of 3.2% growth. That followed a little-revised Q3 increase of 3.5%. The gain fell short of expectations for a 2.5% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 06 2014
U.S. Factory Orders Move Lower as Inventories Rise
Orders to all manufacturers fell 0.7% (+2.0% y/y) during January following a 2.0% December decline, revised from -1.5%. Consensus expectations had been for a 0.3% slip. Last month's decline reflected an unrevised 1.0% drop (+4.6% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
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