Economy in Brief: September 2016

Earlier strength in the job market subsided last month. Nonfarm payroll employment increased 151,000 (1.7% y/y) during August. That followed an upwardly revised 275,000 July rise, but June's gain was lessened to 271,000. A 180,000 [...]

The U.S. trade deficit in goods and services decreased to $39.5 billion in July from a slightly revised $44.7 billion in June. The Action Economics Forecast Survey had expected a much more modest move to a $43.0 billion deficit. The [...]

The euro area PPI rose in July, ticking up by 0.1% as it fell by 2.9% year-over-year. Capital goods prices rose by 0.1% in July as consumer goods and intermediate goods prices each rose by 0.2%. Year-on-year capital goods prices are [...]

Earlier strength in the job market subsided last month. Nonfarm payroll employment increased 151,000 (1.7% y/y) during August. That followed an upwardly revised 275,000 July rise, but June's gain was lessened to 271,000. A 180,000 [...]

Earlier strength in the job market subsided last month. Nonfarm payroll employment increased 151,000 (1.7% y/y) during August. That followed an upwardly revised 275,000 July rise, but June's gain was lessened to 271,000. A 180,000 [...]

Total sales of light vehicles during August declined 5.0% versus July (-4.5% y/y) to 16.98 million units (SAAR), and reversed most of July's increase. Sales fell in three of the last four months. Sales of light trucks declined 5.4% to [...]

The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during August dropped to 31,188 (-21.8% y/y) following July's increase to 45,346. Layoffs declined in the aerospace/defense, chemical, computer, [...]

The value of construction put-in-place remained little changed during July (+1.5% y/y) following a 0.9% June rise, revised from -0.6%. Despite the recent m/m stability, y/y growth in the value of construction activity has been [...]