III. EUROZONE RETAIL PMI
• Sales fall modestly for third consecutive month in January.
• Downturns recorded in each of the ‘big-three’ Eurozone economies.
• Job creation sustained despite recent weakness in sales.
The headline Markit Eurozone Retail PMI – which tracks month-on-month changes in like-for-like retail sales in the bloc’s biggest three economies combined – remained below the neutral 50.0 mark in January, registering 48.9. This indicated a modest rate of decline that was little-changed from that recorded in December (PMI at 49.0).
IV. BIG THREE EUROZONES
1. Italy- sharpest fall in retail sales in January out of the three.
2. France- weakest in the current three-month sequence of contraction.
3. Germany- a large marginal …show more content…
OECD COMPOSITE LEADING INDICATORS (CLI)
The OECD system of Composite Leading Indicators is designed to provide early signals of turning points in business cycles - fluctuation in the output gap, i.e. fluctuation of the economic activity around its long-term potential level.
Although these charts are from 2014-2015 they continued to follow the same pattern leaving the United States in the same position as China, Europe, and the rest of the world.
VII. CHINA INDUSTRIAL PRODUCTION
Industrial production in China rose 5.90 percent year-on-year in December of 2015, slowing from a 6.20 percent increase in the previous month and missing market expectations of 6.0 percent growth. Manufacturing sector expanded the most by 7.0 percent, followed by mining. In contrast, electricity, heat, gas and water production and supply declined by 0.8 percent. From January to December 2015, industrial output rose 6.1 percent. On month-on-month basis, industrial output grew 0.41 percent. Industrial Production in China averaged 12.72 percent from 1990 until 2015, reaching an all-time high of 29.40 percent in August of 1994 and a record low of -21.10 percent in January of 1990. Industrial Production in China is reported by the National Bureau of Statistics of …show more content…
Because Brazil is one of the largest markets in Latin America, its fall in productions worries many. According to David Biller from the Bloomberg Business, the decreased rate was more than what economists and analysts have forecasted and reflects a deeper jump into recession. And “ policy makers are said to be discussing strategies to revive businesses such as automakers and builders in order to prevent the recession from worsening in 2016.” Again, auto industry is believed to be the strong industry to help revive the economy. It is not a surprise since auto industry, especially in the United States, are still growing year by year, despite some poor stock performances here and there, it is still considered a stable industry both domestically and
• Sales fall modestly for third consecutive month in January.
• Downturns recorded in each of the ‘big-three’ Eurozone economies.
• Job creation sustained despite recent weakness in sales.
The headline Markit Eurozone Retail PMI – which tracks month-on-month changes in like-for-like retail sales in the bloc’s biggest three economies combined – remained below the neutral 50.0 mark in January, registering 48.9. This indicated a modest rate of decline that was little-changed from that recorded in December (PMI at 49.0).
IV. BIG THREE EUROZONES
1. Italy- sharpest fall in retail sales in January out of the three.
2. France- weakest in the current three-month sequence of contraction.
3. Germany- a large marginal …show more content…
OECD COMPOSITE LEADING INDICATORS (CLI)
The OECD system of Composite Leading Indicators is designed to provide early signals of turning points in business cycles - fluctuation in the output gap, i.e. fluctuation of the economic activity around its long-term potential level.
Although these charts are from 2014-2015 they continued to follow the same pattern leaving the United States in the same position as China, Europe, and the rest of the world.
VII. CHINA INDUSTRIAL PRODUCTION
Industrial production in China rose 5.90 percent year-on-year in December of 2015, slowing from a 6.20 percent increase in the previous month and missing market expectations of 6.0 percent growth. Manufacturing sector expanded the most by 7.0 percent, followed by mining. In contrast, electricity, heat, gas and water production and supply declined by 0.8 percent. From January to December 2015, industrial output rose 6.1 percent. On month-on-month basis, industrial output grew 0.41 percent. Industrial Production in China averaged 12.72 percent from 1990 until 2015, reaching an all-time high of 29.40 percent in August of 1994 and a record low of -21.10 percent in January of 1990. Industrial Production in China is reported by the National Bureau of Statistics of …show more content…
Because Brazil is one of the largest markets in Latin America, its fall in productions worries many. According to David Biller from the Bloomberg Business, the decreased rate was more than what economists and analysts have forecasted and reflects a deeper jump into recession. And “ policy makers are said to be discussing strategies to revive businesses such as automakers and builders in order to prevent the recession from worsening in 2016.” Again, auto industry is believed to be the strong industry to help revive the economy. It is not a surprise since auto industry, especially in the United States, are still growing year by year, despite some poor stock performances here and there, it is still considered a stable industry both domestically and