The National Federation of Independent Business reported that its Small Business Optimism Index ticked 0.1% higher during January (12.8% y/y) to 105.9 following a 7.5% December surge. It was the strongest level of optimism since [...]
Global| Feb 14 2017U.S. Small Business Optimism Improves
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2017Zew Expectations Tail as EMU and German GDP Fail to Delight
GDP in the EU economy was up at a 1.6% annualized rate in Q4 and up by 1.7% year-on-year. German GDP recovered after a weak Q3 to expand at a 1.7% annualized Q4 pace and is up by 1.8% over four-quarters. The top annualized Q4 growth [...]
Global| Feb 14 2017U.S. Producer Prices Strengthen Broadly
The headline Final Demand Producer Price Index increased 0.6% during January (1.6% y/y) after a 0.2% December gain, revised from 0.3%. The rise was the largest since September 2012 and exceeded expectations for a 0.3% increase in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2017U.S. Producer Prices Strengthen Broadly
The headline Final Demand Producer Price Index increased 0.6% during January (1.6% y/y) after a 0.2% December gain, revised from 0.3%. The rise was the largest since September 2012, and exceeded expectations for a 0.3% increase in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2017Japan's Retail Sales Drop in December
Japan's retail sales are lower by 1.2% month to month in December. However, their sequential rates of growth show an upswing is nonetheless in place from growth rates over 12-Mo to 6-Mo to 3-Mo. This steady expansion of the pace of [...]
Global| Feb 13 2017FIBER: Industrial Commodity Price Strength Outpaces Activity
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) increased 2.9% during the last four weeks, and has risen 23.9% during the last twelve months. This follows strength [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 10 2017U.S. Budget Surplus Eases in January; Deficit Declines This Fiscal Year
The U.S. Treasury Department reported that during January, the federal government ran a $51.3 billion budget surplus compared to a $55.2 billion surplus in January 2016. A $33.0 billion surplus had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 10 2017Italian and French IP Trends Still Point Higher
In December, Italian and French industrial production went their separate ways, one up, the other down. But the sequential annualized growth rates from three-month to six-month to 12-month show output is expanding and accelerating in [...]
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