Why wouldn’t it be?
Money supply is simply the total amount of money in circulation in a country. For the U.S. there are several components of the money supply: M1, M2, and MZM (M3 is no longer tracked by the Federal Reserve); these components are arranged on a spectrum of narrowest to broadest.
Continue reading “Money supply growth for the U.S. has slowed and it isn’t a good sign”
The seasonally adjusted current account of the balance of payments for the European Union was a surplus of €40.5billion or 1% of GDP in the first quarter (Q1) of 2019, up from a surplus of €40.2billion or 1.0% of GDP in the fourth quarter (Q4) of 2018 and down from a surplus of €58.3billion or 1.5% of GDP in the first quarter (Q1) of 2018, according to estimates released by Eurostat.
Australia’s Central Bank, the Reserve Bank of Australia (RBA) cut its benchmark cash rate by 25 basis points to an all-time low of 1%. This following a cut of 25 basis points in June. This is the first time since 2012 that the RBA has delivered back-to-back interest rate cuts.
Continue reading “Australia’s Central Bank cuts interest rates again to an all-time low of 1%”
Strong or weak economy? We look at
Continue reading “Four consumer indicators of the current state of the U.S. economy”
So, longer-term U.S. government bonds are now yielding lower than short-term bonds. Is this really a big economic warning?
Continue reading “Is the U.S. yield curve inversion an economic warning?”
At the end of March 2019, the employment rate for the United Kingdom was estimated at 76.1%, the joint- highest figure on record. The UK economic inactivity rate was estimated at 20.8%, again close to a record low.
Different measures tell another story:
Continue reading “Four slightly different economic indicators for the U.S. economy”
UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.5% in Q1 (January to March) 2019. In comparison with the same quarter a year ago (Q1 2018) UK GDP increased by 1.8%, the fastest growth since Q3 2017.
The U.S. unemployment rate hit 3.6% in April 2019, its lowest level since December 1969.
The Eurozone or Euro area (EA) seasonally-adjusted unemployment rate was 7.7% in March 2019, down from 7.8% in February 2019 and from 8.5% in March 2018. This is the lowest rate recorded in the euro area since September 2008.
The European Union (EU) unemployment rate was 6.4% in March 2019, down from 6.5% in February 2019 and from 7.0% in March 2018. This is the lowest rate recorded in the European Union since January 2000.
