Economy in Brief: May 2018

Retail gasoline prices were unchanged at $2.85 per gallon yesterday (19.9% year-on-year) remaining at the highest price level since November 2014. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline [...]

Consumer credit outstanding increased $11.62 billion (5.0% y/y) during March following a $13.63 billion February rise, revised from $10.61 billion. It was the weakest monthly increase in six months. A $16.0 billion rise had been [...]

Germany's inflation adjusted orders jumped in December of last year but they were not off to the races. That gain fully unwound and then some the very next month with further declines logged in February and March. The third straight [...]

The job market continued to lose its vibrancy during April. Nonfarm payrolls rose 164,000 (1.6% y/y) following a 135,000 March gain and a 324,000 February increase. Together, these two figures were revised up by 30,000. A 190,000 [...]

OECD inflation has been rising, but it recently has stabilized. The pace of OECD inflation is at 2.3% having peaked at 2.5% in February 2017. The core rate of inflation is creeping higher and is up to 2% in March; that’s an [...]

The job market continued to lose its vibrancy during April. Nonfarm payrolls rose 164,000 (1.6% y/y) following a 135,000 March gain and a 324,000 February increase. Together, these two figures were revised up by 30,000. A 190,000 [...]

The job market continued to lose its vibrancy during April. Nonfarm payrolls rose 164,000 (1.6% y/y) following a 135,000 March gain and a 324,0000 February increase. Together, these two figures were revised up by 30,000. A 190,000 [...]

The pace of business activity in the service sector continues to moderate. The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) fell to 56.8 during April from an unrevised 58.8 in [...]