Sun in July
To take advantage of the sun’s warmth in July, the rhythm of publication will be lighter
Philippe Waechter's blog
The US labor market in three charts
Three charts can characterized the US labor market. The first graph shows that probably since April of this year the momentum of the market has changed. We see on the…
Spain: A new momentum on the labor market
This chart shows that the economic momentum is changing in Spain. The number of unemployed drops quickly and month after month. The peak was in April 2013 and since then…
World Economy – A slight improvement in 2 charts
The two charts at the bottom of this post give a synthetic vision of the world economy. They present the synthetic index of the PMI/Markit surveys made throughout the world.…
USA – Can a rebound be expected in the second quarter? Yes probably
After the strong downward revision of the GDP estimate for the first quarter, can a rebound be expected during the second quarter? The ISM survey can give part of the…
Euro Area – PMI Survey – The momentum is weaker and the horizon more foggy
The manufacturing index of the PMI/Markit survey is losing steam. Its peak was seen at the beginning of this year. This lack of momentum can also be perceived in the…
Economic activity in Asia – Stronger momentum in June
The first chart below shows an upward trend for most PMI indices in Asia. A divergent dynamics can be seen in South Korea. It reflects a weak internal demand. Flows…