Economy in Brief: June 2005

The U.S. federal government's budget deficit during the first eight months of FY 2005 continued to shrink versus FY 2004. Red ink of $272.2B was nearly one quarter lower than the $346.3B during the prior fiscal year and was the [...]

The U.S. federal government's budget deficit during the first eight months of FY 2005 continued to shrink versus FY 2004. Red ink of $272.2B was nearly one quarter lower than the $346.3B during the prior fiscal year and was the [...]

Japan's Ministry of Finance (MoF) has reorganized its data on the purchase and sales of foreign securities by Japanese investors and the similar data on foreign investment in Japanese securities. The new data began this past January [...]

Import prices fell 1.3% last month after an upwardly revised 1.2% April surge. Consensus expectations had been for a 0.4% decline. Petroleum prices slumped 6.5% in May and were the source of April's upward revision. In June, crude oil [...]

The U.S. foreign trade deficit deepened in April to $57.0B and reversed about half of the prior month's m/m improvement which was revised. Consensus expectations had been for a deficit of $58.0B. Total exports doubled the prior [...]

The U.S. foreign trade deficit deepened in April to $57.0B and reversed about half of the prior month's m/m improvement which was revised. Consensus expectations had been for a deficit of $58.0B. Total exports doubled the prior [...]

Industrial production picked up in the UK in April, rising 0.8%, the first increase since December. Metals, machinery, wood and paper products and electrical machinery were among the main movers in April's upturn. Beneficial to UK [...]

Initial claims for unemployment insurance fell 21,000 to 330,000 last week and reversed most of the prior period's slightly revised jump. Consensus expectations had been for 335,000 claims. During the last ten years there has been a [...]