The National Federation of Independent Business reported that its Small Business Optimism Index fell to 104.7 during March from 105.3 in February, but remained up versus 92.6 in March 2016. Forty-six percent of firms reported they [...]
Global| Apr 11 2017U.S. Small Business Optimism Diminishes Slightly
by:Tom Moeller
|in:Economy in Brief
Global| Apr 10 2017BoF Index Holds Most of Its Recent Gains; Still BoF Scales Back Its Growth Outlook
The Bank of France cut back its outlook for growth to 0.3% in the first quarter from a previous estimate of 0.4%. Its business index in March fell to 102.6 from 103.7 in February. The February index had jumped to that level from [...]
Global| Apr 10 2017U.S. Labor Market Conditions Index Weakens
The Labor Market Conditions Index (LMCI) from the Federal Reserve Board includes 19 indicators of labor market activity, covering the broad categories of unemployment and underemployment. These include jobs, workweeks, wages, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 07 2017U.S. Consumer Credit Usage Accelerates
Consumer credit outstanding strengthened $15.2 billion during February following a $10.7 billion January increase, revised from $8.8 billion. A $15.0 billion increase had been expected in the Action Economics Forecast Survey. During [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 07 2017Germany: Dispelling the Myth of Hard-Data Weakness/Soft-Data Strength?
German industrial output has put in a better-than-expected February with output rising by 2.2% month-to-month, the same as in January. Overall output is now expanding at a robust 9.1% annualized rate two months into Q1... so much for [...]
Global| Apr 07 2017U.S. Payroll Growth Is Disappointing, But Unemployment Rate Declines
The labor market softened this winter. Nonfarm payrolls rose 98,000 (1.6% y/y) during March. The increase followed a 219,000 February rise and a 216,000 January gain. These figures together were revised down by 38,000. Expectations [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 07 2017U.S. Wholesale Sales & Inventories Rise Moderately
Inventories at the wholesale level rose 0.4% (+3.3% y/y) during February following an unrevised decrease of 0.2% in January. Durable goods inventories were up 0.2% (+1.7% y/y) after January's 0.2% decline. Motor vehicle stocks added [...]
Global| Apr 07 2017U.S. Payroll Growth Is Disappointing, But Unemployment Rate Declines
The labor market softened this winter. Nonfarm payrolls rose 98,000 (1.6% y/y) during March. The increase followed a 219,000 February rise and a 216,000 January gain. These figures together were revised down by 38,000. Expectations [...]
by:Tom Moeller
|in:Economy in Brief
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