Economy in Brief: May 2014

The Commerce Department reported Friday that inventories in the factory sector notched up 0.1% (2.6% y/y) during March, moderating from a 0.7% February rise. Transportation equipment inventories gained 0.7% (9.8% y/y) while, excluding [...]

The Institute for Supply Management reported that their index for business conditions, six months hence, in New York State deteriorated in April to 58.8 from 65.6 in March. It was the lowest level of the economic recovery. (A level [...]

Employers became more optimistic in April and boosted workforces by 288,000 following a 203,000 March rise, initially reported as 192,000. The rise was the strongest since January 2012 and easily outpaced expectations for a 210,000 [...]

The manufacturing PMI gauge for the European Monetary Union rose to 53.4 in April from 53.0 in March. The April level is barely above its February level of 53.2. The EMU manufacturing sector continues to improve, but improvement is [...]

Employers became more optimistic in April and boosted workforces by 288,000 following a 203,000 March rise, initially reported as 192,000. The rise was the strongest since January 2012 and easily outpaced expectations for a 210,000 [...]

Employers became more optimistic in April and boosted workforces by 288,000 following a 203,000 March rise, initially reported as 192,000. The rise was the strongest since January 2012 and easily outpaced expectations for a 210,000 [...]

According to the Autodata Corporation, unit sales of light vehicle sales during April were off 2.2% (+5.6% y/y) to 16.04 million (SAAR). That gave back just a piece of the 6.9% March rise, so sales remained near the highest level of [...]

According to the Autodata Corporation, unit sales of light vehicle sales during April were off 2.2% (+5.6% y/y) to 16.04 million (SAAR). That gave back just a piece of the 6.9% March rise, so sales remained near the highest level of [...]