News

A report released by the National Association of Home Builders on Monday showed a notable improvement in U.S. homebuilder confidence in the month of October. The report said the NAHB/Wells Fargo Housing Market Index climbed to 80 in October from 76 in September. Economists had expected the index to come in unchanged.

Source: RTT News

Industrial production in the U.S. unexpectedly showed a steep drop in the month of September, the Federal Reserve revealed in a report released on Monday. The Fed said industrial production tumbled by 1.3 percent in September following a revised 0.1 percent dip in August.

Source: RTT News

Nahb Housing Market Index in the United States increased to 80 in October from 76 in September of 2021. Nahb Housing Market Index in the United States averaged 51.85 from 1985 until 2021, reaching an all time high of 90 in November of 2020 and a record low of 8 in January of 2009. NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of home builders. They are asked to rate current sales of single-family homes and sales expectations for the next six months and to rate traffic of prospective buyers. Scores for responses to each component are used to calculate a seasonally adjusted overall index, where a number over 50 indicates more builders view sales conditions as good than poor.

Source: Trade Economics US

Mining production in the United States increased 6.90 percent in September of 2021 over the same month in the previous year. Mining Production in the United States averaged 2.04 percent from 1920 until 2021, reaching an all time high of 108.20 percent in April of 1923 and a record low of -28.80 percent in October of 1949. Mining production measures the output of businesses operating in the mining sector.

Source: Trade Economics US

Capacity Utilization in the United States decreased to 75.20 percent in September from 76.40 percent in August of 2021. Capacity Utilization in the United States averaged 80.01 percent from 1967 until 2021, reaching an all time high of 89.40 percent in January of 1967 and a record low of 63.40 percent in April of 2020. Capacity utilization rate is used to measure the rate at which potential output levels are being met or used. The capacity indexes cover all facilities located in the United States, regardless of their ownership; and are constructed for 89 detailed industries (71 in manufacturing, 16 in mining, and 2 in utilities).

Source: Trade Economics US

Industrial Production in the United States increased 4.60 percent in September of 2021 over the same month in the previous year. Industrial Production in the United States averaged 3.58 percent from 1920 until 2021, reaching an all time high of 62 percent in July of 1933 and a record low of -33.70 percent in February of 1946. In the United States, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 78 percent of total production. The biggest segments within Manufacturing are: Chemicals (12 percent of total production); food, drink and tobacco (11 percent); machinery (6 percent); fabricated metal products (6 percent); computer and electronic products (6 percent); and motor vehicles and parts (6 percent). Mining and quarrying account for 11 percent of production and utilities account for the remaining 11 percent.

Source: Trade Economics US

Industrial Production in the United States decreased 1.30 percent in September of 2021 over the previous month. Industrial Production Mom in the United States averaged 0.26 percent from 1919 until 2021, reaching an all time high of 16.60 percent in May of 1933 and a record low of -13.60 percent in April of 2020. In the United States, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 78 percent of total production. The biggest segments within Manufacturing are: Chemicals (12 percent of total production); food, drink and tobacco (11 percent); machinery (6 percent); fabricated metal products (6 percent); computer and electronic products (6 percent); and motor vehicles and parts (6 percent). Mining and quarrying account for 11 percent of production and utilities account for the remaining 11 percent.

Source: Trade Economics US

Manufacturing Production in the United States increased 4.80 percent in September of 2021 over the same month in the previous year. Manufacturing Production in the United States averaged 3.65 percent from 1920 until 2021, reaching an all time high of 67.90 percent in July of 1933 and a record low of -39.40 percent in February of 1946. Manufacturing production measures the output of businesses operating in the manufacturing sector. It is the most important sector and accounts for 78 percent of total production. The biggest segments within the sector are: Chemicals (12 percent of total production); food, drink and tobacco (11 percent); machinery (6 percent); fabricated metal products (6 percent); computer and electronic products (6 percent); and motor vehicles and parts (6 percent).

Source: Trade Economics US

Imports of Crude Oil in the United Kingdom decreased to 1309 GBP Million in August from 1883 GBP Million in July of 2021. Imports of Crude Oil in the United Kingdom averaged 667.23 GBP Million from 1970 until 2021, reaching an all time high of 2961 GBP Million in March of 2012 and a record low of 34 GBP Million in March of 1970. This page includes a chart with historical data for the United Kingdom Imports of Crude Oil.

Source: Trade Economics UK

Imports of Oil in the United Kingdom decreased to 2280 GBP Million in August from 2893 GBP Million in July of 2021. Imports of Oil in the United Kingdom averaged 1274.44 GBP Million from 1970 until 2021, reaching an all time high of 5116 GBP Million in December of 2012 and a record low of 49 GBP Million in March of 1970. This page includes a chart with historical data for the United Kingdom Imports of Oil.

Source: Trade Economics UK

Exports of Crude Oil in the United Kingdom increased to 1005 GBP Million in August from 827 GBP Million in July of 2021. Exports of Crude Oil in the United Kingdom averaged 703.87 GBP Million from 1970 until 2021, reaching an all time high of 2146 GBP Million in May of 2019 and a record low of 0 GBP Million in February of 1970. This page includes a chart with historical data for the United Kingdom Exports of Crude Oil.

Source: Trade Economics UK

Average Price Of Oil Exported From The United Kingdom in the United Kingdom increased to 410 GBP/TONNE in August from 409 GBP/TONNE in July of 2021. Average Price Of Oil Exported From The United King in the United Kingdom averaged 357.40 GBP/TONNE from 2013 until 2021, reaching an all time high of 890 GBP/TONNE in April of 2014 and a record low of 184 GBP/TONNE in February of 2016. This page includes a chart with historical data for the United Kingdom Average Price of Oil Exported from The the United Kin.

Source: Trade Economics UK

Exports of Oil in the United Kingdom decreased to 1821 GBP Million in August from 1926 GBP Million in July of 2021. Exports of Oil in the United Kingdom averaged 1211.85 GBP Million from 1970 until 2021, reaching an all time high of 4493.59 GBP Million in March of 2015 and a record low of 12 GBP Million in May of 1970. This page includes a chart with historical data for the United Kingdom Exports of Oil.

Source: Trade Economics UK

Exports of Oil Excluding Crude Oil in the United Kingdom decreased to 816 GBP Million in August from 1099 GBP Million in July of 2021. Exports of Oil Excluding Crude Oil in the United Kingdom averaged 499.07 GBP Million from 1970 until 2021, reaching an all time high of 2448 GBP Million in May of 2012 and a record low of 11 GBP Million in August of 1970. This page includes a chart with historical data for the United Kingdom Exports of Oil Excluding Crude Oil.

Source: Trade Economics UK

The United States Overnight Repo Rate decreased to 0.04 on Friday October 15 from 0.05 in the previous day. Repo Rate in the United States averaged 2.24 from 1995 until 2021, reaching an all time high of 6.94 in September of 2019 and a record low of -0.01 in December of 2009. Overnight repo rate is the interest rate at which different market participants swap treasuries for cash to cover short-term cash needs. The repo rate is helping to ensure banks have the liquidity to meet their daily operational needs and maintain sufficient reserves. The repo rate usually trades in line with the Federal Reserve

Source: Trade Economics US

Standard & Poor's credit rating for the United Kingdom stands at AA with stable outlook. Moody's credit rating for the United Kingdom was last set at Aa3 with stable outlook. Fitch's credit rating for the United Kingdom was last reported at AA- with stable outlook. DBRS's credit rating for the United Kingdom is AA (high) with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of the United Kingdom thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for the United Kingdom as reported by major credit rating agencies.

Source: Trade Economics UK

Standard & Poor's credit rating for the United States stands at AA+ with stable outlook. Moody's credit rating for the United States was last set at Aaa with stable outlook. Fitch's credit rating for the United States was last reported at AAA with negative outlook. DBRS's credit rating for the United States is AAA with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of the United States thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for the United States as reported by major credit rating agencies.

Source: Trade Economics US

Standard & Poor's credit rating for European Union stands at AA with stable outlook. Moody's credit rating for European Union was last set at Aaa with stable outlook. Fitch's credit rating for European Union was last reported at AAA with stable outlook. DBRS's credit rating for European Union is AAA with stable outlook. European Union Credit Rating

Source: Trade Economics EU

Full Time Employment in European Union decreased to 183979.60 Thousand in the fourth quarter of 2019 from 184150.10 Thousand in the third quarter of 2019. Full Time Employment in European Union averaged 153796.32 Thousand from 2008 until 2021, reaching an all time high of 160627.20 Thousand in the third quarter of 2008 and a record low of 146066.10 Thousand in the first quarter of 2013. European Union Full Time Employment

Source: Trade Economics EU

Part Time Employment in European Union increased to 34394 Thousand in the second quarter of 2021 from 33946.70 Thousand in the first quarter of 2021. Part Time Employment in European Union averaged 33802.52 Thousand from 2008 until 2021, reaching an all time high of 35922.60 Thousand in the second quarter of 2019 and a record low of 31016.50 Thousand in the third quarter of 2008. European Union Part Time Employment

Source: Trade Economics EU

Employment Rate in the United Kingdom increased to 75.30 percent in July from 75.20 percent in June of 2021. Employment Rate in the United Kingdom averaged 71.46 percent from 1971 until 2021, reaching an all time high of 76.60 percent in January of 2020 and a record low of 65.60 percent in March of 1983. In United Kingdom, the employment rate measures the number of people who have a job as a percentage of the working age population. United Kingdom Employment Rate

Source: Trade Economics UK

Average Weekly Hours in the United Kingdom increased to 31.50 Hours in July from 31.10 Hours in June of 2021. Average Weekly Hours in the United Kingdom averaged 32.20 Hours from 1992 until 2021, reaching an all time high of 33.50 Hours in November of 1994 and a record low of 25.80 Hours in May of 2020. In the UK, average weekly hours refer to the total weekly hours worked divided by the employees paid for those hours, including full time and part time employees. United Kingdom Average Weekly Hours

Source: Trade Economics UK

Full Time Employment in the United Kingdom decreased to 24390 Thousand in July from 24656 Thousand in June of 2020. Full Time Employment in the United Kingdom averaged 21494.20 Thousand from 1992 until 2021, reaching an all time high of 24715 Thousand in March of 2021 and a record low of 19136 Thousand in December of 1993. United Kingdom Full Time Employment

Source: Trade Economics UK

Part Time Employment in the United Kingdom increased to 7976 Thousand in July from 7831 Thousand in June of 2021. Part Time Employment in the United Kingdom averaged 7461.51 Thousand from 1992 until 2021, reaching an all time high of 8704 Thousand in May of 2019 and a record low of 5995 Thousand in December of 1992. United Kingdom Part Time Employment

Source: Trade Economics UK

Private Sector Credit in the United States increased to 10460.62 USD Billion in September from 10431.62 USD Billion in August of 2021. Private Sector Credit in the United States averaged 2677.93 USD Billion from 1950 until 2021, reaching an all time high of 10829.94 USD Billion in May of 2020 and a record low of 39.04 USD Billion in January of 1950. United States Private Sector Credit

Source: Trade Economics US