Table A4 Descriptive statistics of selected variables
From: Macroeconomic surprises, market environment, and safe-haven currencies
Variable | Mean | Median | Max. | Min. | St. dev. | Skew. | Obs. |
|---|---|---|---|---|---|---|---|
Swiss variables | |||||||
Retail sales YoY | − 0.03 | 0.00 | 3.99 | − 4.35 | 1.00 | − 0.16 | 87 |
KOF barometer | 0.02 | 0.06 | 4.01 | − 2.71 | 1.00 | 0.57 | 117 |
Manufacturing PMI | 0.07 | 0.14 | 2.75 | − 4.09 | 1.00 | − 0.40 | 118 |
Real GDP QoQ | 0.24 | 0.30 | 2.11 | − 2.72 | 1.00 | − 0.40 | 38 |
Japanese variables | |||||||
Machinery orders MoM | 0.00 | − 0.05 | 2.32 | − 1.95 | 1.00 | 0.15 | 110 |
Retail sales YoY | 0.09 | 0.18 | 2.46 | − 2.46 | 1.00 | − 0.34 | 108 |
Household expenditures YoY | − 0.02 | − 0.12 | 2.51 | − 2.45 | 1.00 | 0.28 | 115 |
Real GDP final QoQ | − 0.23 | − 0.03 | 0.91 | − 5.53 | 1.00 | − 4.08 | 30 |
Euro area variables | |||||||
Business climate index | 0.09 | 0.16 | 2.83 | − 2.99 | 1.00 | − 0.10 | 119 |
German variables | |||||||
Real GDP QoQ | 0.09 | 0.00 | 3.08 | − 2.73 | 1.00 | 0.67 | 52 |
IFO business climate | 0.13 | 0.16 | 3.69 | − 2.41 | 1.00 | 0.02 | 166 |
Retail sales MoM | − 0.29 | − 0.30 | 3.72 | − 2.44 | 1.00 | 0.76 | 158 |
Zew indicator | 0.04 | 0.01 | 3.17 | − 2.63 | 1.00 | 0.18 | 144 |
US variables | |||||||
Avg hourly earnings all | |||||||
Employees MoM | − 0.40 | 0.00 | 1.34 | − 2.69 | 1.00 | − 0.02 | 47 |
Avg hourly earnings prod. workers | |||||||
MoM | − 0.09 | 0.00 | 3.01 | − 2.25 | 1.00 | 0.28 | 85 |
Empire state business condition | |||||||
Index | − 0.11 | − 0.03 | 2.09 | − 3.20 | 1.00 | − 0.37 | 119 |
Consumer confidence | 0.01 | 0.02 | 2.48 | − 2.50 | 1.00 | − 0.10 | 133 |
Phil. fed current. business | |||||||
Conditions index | − 0.14 | − 0.09 | 1.96 | − 3.64 | 1.00 | − 0.40 | 132 |
Comp.index leading indicators | |||||||
MoM | 0.06 | 0.00 | 2.91 | − 2.08 | 1.00 | 0.42 | 132 |
Existing home sales | 0.04 | 0.00 | 3.51 | − 3.72 | 1.00 | − 0.47 | 133 |
Housing starts | 0.05 | − 0.02 | 3.07 | − 3.05 | 1.00 | − 0.15 | 129 |
Industrial production MoM | − 0.14 | 0.00 | 3.47 | − 4.85 | 1.00 | − 0.62 | 132 |
Import goods and serv. | 0.16 | 0.19 | 2.26 | − 2.29 | 1.00 | − 0.18 | 69 |
ISM non-manufacturing | 0.01 | 0.05 | 2.07 | − 3.74 | 1.00 | − 0.81 | 71 |
ISM manufacturing | 0.14 | 0.19 | 3.46 | − 2.85 | 1.00 | 0.16 | 132 |
Productivity QoQ | 0.10 | 0.00 | 2.86 | − 3.62 | 1.00 | −.64 | 44 |
New orders durable goods MoM | − 0.12 | − 0.09 | 2.42 | − 3.80 | 1.00 | − 0.44 | 132 |
Real GDP advanced QoQ | − 0.13 | − 0.32 | 2.06 | − 2.22 | 1.00 | 0.15 | 44 |
Real GDP final QoQ | − 0.28 | 0.00 | 2.14 | − 2.49 | 1.00 | − 0.13 | 44 |
US retsalex MOM S | − 0.04 | 0.00 | 2.83 | − 3.64 | 1.00 | − 0.25 | 132 |
Unit labor costs QoQ | 0.06 | − 0.03 | 5.06 | − 2.82 | 1.00 | 2.35 | 44 |
Unemployment rate | 0.26 | 0.32 | 3.23 | − 2.59 | 1.00 | − 0.14 | 132 |