Commentary Archive

July 2009
2	U.S. Payrolls Decline Another 467,000 As Jobless Rate Increases To 9.5%
2	U.S. Light Vehicle Sales In June Hold A Steady, Sideways Movement
1	U.S. Construction Spending Holding Steady
1	Tankan Improves: Still In Slow-Motion
1	ADP Report: Rate Of Job Loss Lessens A Bit
1	U.S. Pending Home Sales Stable At Their Highest Level Since September
1	ISM Factory Sector Index Rose Modestly While Prices Jump
1	Challenger Layoffs Moderate Further

June 2009
30	U.S. Consumer Confidence Slips
30	UK GDP Is Officially A Train Wreck
30	Energy Prices Are Volatile With Weak Demand & Short Supply Prospects
30	Decline In Case-Shiller Home Price Index Eases
29	Business and Consumer Confidence Improve in the Euro Area
29	Chicago Fed Index Remains Stable in May At Highest Level Since October
26	Michigan Consumer Sentiment Improves With Higher Expectations
26	French Confidence, Still In A Deep Pit, Rises
26	U.S. Personal Income Surge Lifts Savings Rate To Its Highest Since 1993
25	Despite Headlines About New Record Drops, Europe Is Healing
25	U.S. Initial Jobless Insurance Claims Edge Up To Highest in Four Weeks
25	Decline in U.S. 1Q GDP Is Trimmed
24	FOMC Leaves Rates Unchanged
24	U.S. New Home Sales Stay Low As Prices Firm
24	Consumer Confidence Recovers In Italy
24	U.S. Durable Goods Orders Surprisingly Strong For A Second Month
23	Europe Continues to Make a Turn Higher: Sector Results Turn Mixed in June
23	French Business Confidence: Viewed By Entrepreneurs And Purchasing Managers
23	U.S. Mortgage Applications Collapse As Higher Rates Stymie Refinancing
23	Gasoline Prices Off Sharply With Weaker Economic News
23	U.S. Existing Home Sales Rise With Affordability And Tax Credit
22	EMU Trade Balance Deficit For Goods Shrinks
22	German Business Confidence Improving But Still Subdued
19	UK Retail Sales Fall And Markets Quiver
19	U.S. Consumers' Quest For Value
19	Gains in Weekly Chain Store Sales Fade
18	U.S. Leading Indicators Rise Sharply For A Second Month
18	Philadelphia Fed Index Improves Sharply
18	U.S. Initial Jobless Insurance Claims Trend Lower But Edge Up In Latest Week
17	U.S. 1Q'09 Current Account Deficit Shrinks To Smallest Since 2001
17	U.S. May CPI Ticks Up, But 1.2% Drop Y/Y Is Largest Since April 1950
16	Gasoline Prices Reach The Highest Level Since Last October
16	Optimism Increases Among German Investors and Analysts
16	U.S. Housing Starts Recover Modestly
16	U.S. Factory Production Decline Resumes, Matching 1946 Yr/Yr Drop
16	U.S. PPI Decline Yr-to-Yr Matches '49 Record; Core Pricing Power Evaporates
15	EMU Job Market Has Record Q1 Job Loss
15	U.S. Home Builders’ Index Slips
15	Empire State Factory Conditions Deteriorated M/M But Remain Improved From Earlier Low
12	Michigan Consumer Sentiment Stable But The Current View of Economic Conditions Jumps
12	IP Still Falling in Euro Area: but Evidence of Slowing
12	U.S. Import Prices Rise With Higher Oil Prices
12	U.S. Flow of Funds Indicate Further Shrinkage of Balance Sheets
11	U.S. Business Inventory Decumulation Remains Strong and Steady
11	U.S. Retail Sales Rise With Higher Gas Prices; Underlying Trend Is Flat
11	U.S. Initial Jobless Insurance Claims Fall To Their Lowest Since January
10	Industrial Production’s Slide Begins To Taper Off...For Some
10	Trade Deficit Edged Higher As Revision Impact On Data Is Minor
9	German IP Still Dropping Sharply
9	German Orders: Big Surprise Comes in Small Package
9	More First Quarter GDP Results
8	OECD Leading Indicators: Signs of Recovery
5	UK PPI Prices: Decelerating Even As They Accelerate!
5	Payroll Losses Slow As Unemployment Rate Jumps
4	EMU Retail Sales Volumes Erode At Slow Pace
4	U.S. Worker Productivity Increase Stronger, But Underlying Cost Pressures Mount
4	U.S. Initial Unemployment Insurance Claims Slip
3	U.S. ISM Nonmanufacturing Index Improves Further
3	Markit's Service PMI Rises In EMU But Still Shows Contraction
3	ADP Report: Rate Of Job Loss Moderates
3	U.S. May Light Vehicle Sales Recover Only To Low March Level
3	Challenger Layoffs Continue To Indicate Job Market Improvement
2	U-Rates On The Rise
2	U.S. Pending Home Sales Rise To Their Highest Level Since September
2	Gasoline Prices Rise Further Reflecting Strength In Crude Oil Prices
2	U.S. Chain Store Sales Backpedal
1	U.S. Construction Spending Increases Modestly
1	ISM Index Suggests Downturn In Factory Sector Is Easing
1	Encouraging News From UK's Hometrack Housing Survey
1	UK MFG Is On The Mend... So Is Europe And The US
1	U.S. Savings Rate Still Rising As Consumers Remain Cautious

May 2009
29	German Retail Sales Lose Some Weakness
29	Michigan Consumer Sentiment Rose Throughout May
29	U.S. 1Q GDP Decline Lessened, Yet Two-Quarter Drop Rivals 1958 Stats
28	U.S. Durable Goods Orders Recover Earlier Decline And Are Up Slightly 'YTD
28	French Consumer Begins To Feel Less Stressed
28	U.S. Initial Jobless Insurance Claims Slip Again Though Continuing Claims Reach Another Record
28	U.S. New Home Sales Form A Bottom While The Level of Unsold Homes Is At Its Lowest Since 2001
27	U.S. Chain Store Sales Recover
27	U.S. Existing Home Sales Rise As Home Affordability Increases
27	Gasoline Prices Reach Their Highest Level Since October
26	U.S. Consumer Confidence Increases Again On Improved Expectations
26	German May Business Confidence Less Negative: Q1 GDP SAAR of Decline Biggest Since Data Began in 1970
26	IFO Shows Sector Indices Have Bottomed...Maybe
26	Orders In Near Collapse Then (Negative) Growth Rates Stabilize
26	Case-Shiller Home Price Index Is Down By Nearly One-Third From 2006 Peak
26	Chicago Fed Index Improved To Highest Level Since October
21	Japan GDP In Record Drop As Trade Collapses
21	Philadelphia Fed Index Indicates A Slowing Rate Of Decline In Economic Activity
21	U.S. Leading Indicators Improve Sharply To The Highest Level Since November
21	U.S. Continuing Claims For Unemployment Insurance Reach Another Record
20	Japan GDP in Record Drop As Trade Collapses
20	U.S. Mortgage Applications Firm As Refinancings Remain High But Purchase Apps Lag
19	German Investors And Financial Analysts More Optimistic
19	U.S. Chain Store Sales Reverse Earlier Gains
19	Gasoline Prices Continue To Move Higher
19	U.S. Housing Starts' Fall To Record Low Paced By Lower Multi-family Building
18	News From Eastern Europe Still Mainly Negative
18	Japan's Consumer Confidence Is Up For The Fourth Month In A Row
18	U.S. Home Builders’ Index Increases Again
15	U.S. Factory Production Shortfall Eases
15	Michigan Consumer Sentiment Up On Improved Expectations With Heightened Hopes For Gov't Policy
15	EMU GDP Drops Sharply
15	U.S. CPI Unchanged in April; Year-to-Year Drop of 0.7% Is Largest Since 1955
14	Real Euro Digs In Its Heels Despite Weak Growth
14	U.S. PPI Firms With Higher Food Prices, Core Price Gains Still Trending Lower
14	U.S. Initial Weekly Claims For Jobless Insurance Rebound But Still Trending Lower
13	U.S. Business Inventory Decumulation Intensifies
13	E- Area IP Drops Again All Sectors Still Weak
13	U.S. Retail Sales Decline For A Second Month
12	U.S. Small Business Optimism Recovers
12	U.S. Chain Store Sales Rise Further
12	Gasoline Prices Rise To Their Highest Since Early-November
12	The UK Halts Its String Of MFG Output Declines
12	U.S. Trade Deficit Remains Stable and Near Its Lowest Since 1999
11	March Industrial Production Data For Italy And France
11	Liquidity, Exchange Rates & Commodity Prices Point Toward U.S. Economic Improvement
11	OECD LEIs The Long View
8	German Industrial Output Halts Its Strong Of Declines
8	Bad News: U.S. Jobless Rate Jumps to 8.9%Good News: Speed of Job Losses Ease
7	German Orders In Surprise Rebound
7	U.S. Initial Claims for Unemployment Insurance Fall Further
7	U.S. Worker Productivity Inches Up, But Underlying Cost Pressures Mount
6	Commodity Prices And Exchange Rates
6	EMU Services: In Near Lockstep With US
6	U.S. Weekly Mortgage Applications Stabilize
6	Challenger Layoffs Also Show Job Market Improvement
6	ADP Report: Rate Of Job Loss Slowed During April
5	Sharp, Widespread, PPI Drop Puts ECB On The Spot For A Rate Cut
5	U.S. Chain Store Sales Rise Again
5	Petroleum Prices Move Higher
5	U.S. ISM Nonmanufacturing Index Recovers To Highest Level Since October
4	Europe Begins to Cut Its Losses
4	Most April Manufacturing PMI's Show a Lessening of Contraction: India's and China's Show Expansion
4	U.S. Construction Spending Improvement Due to Nonresidential & Public Sector Gains
4	U.S. Pending Home Sales Rise For A Second Month
4	U.S. Light Vehicle Sales Remain Depressed As Import Sales Lowest Since 1999
1	Michigan Consumer Sentiment Improves Further To Highest Since September
1	U.S. Factory Inventory Decumulation Continues Strong
1	ISM Index Suggests Modest Slowing Of Factory Sector Downturn

April 2009
30	U.S. Employment Cost Index Increase Slackens To New Low
30	U.S. Personal Spending & Income Still Under Pressure
30	Japan IP Slows Its Rate Of Decline... In Monthly Trends Only
30	U.S. Initial Claims for Jobless Insurance Fall As Continuing Claims Reach Another Record
29	U.S. Weekly Mortgage Applications Fall As Refinancings Lag
29	FOMC Leaves Rates Unchanged
29	U.S. GDP Declines 6.1% In 1Q As Inventory Cutbacks Weigh Heavily
28	Japan Retail Sales Continue to Drop
28	More Retailers in the U.K. Report Increases in Sales versus a Year Ago than Those Reporting Decreases
28	U.S. Consumer Confidence Jumps Sharply With Improved Expectations
28	Gasoline Prices Continue To Hover Just Over $2.00 Per Gallon
28	U.S. Chain Store Sales Firm During April
28	Case-Shiller Home Price Index Falls Further
27	South Korea's GDP Increases in Q1 09, but is Still at Recession Levels
27	U.S. Misery Index Falls Sharply With Lower Energy Prices
27	Consumer Confidence Improves Sharply In Italy
27	IFO Is Up In Month Diffusion, Indices Gain Too
24	U.S. New Home Sales Form A Bottom
24	U.S. Durable Goods Orders Slip; Trend Still Sharply Negative
23	U.S. Existing Home Sales Slip During March As Prices Firm
23	Euro Area PMIs Are Still Low-Valued But Jump
23	U.S. Continuing Claims for Jobless Insurance Reach Another Record
22	UK Unemployment Continues To Soar (Sour)
21	Optimists Exceed Pessimists Among German Investors And Analysts For The First Time Since July 2007
21	Gasoline Prices Remain Steady Around $2.00 Per Gallon
20	French and Italian Orders: Some Divergence Between These Siamese Twins
20	Chicago Fed Index Remained Negative In March
20	U.S. Leading Indicators Fall To The Lowest Level Since 2003
17	EMU Trade Deficit Improves But Picture Does Not
17	MAPI Survey Indicates Deepening Stress in the Factory Sector
17	Michigan Consumer Sentiment Improves Again
16	U.S. Initial Claims for Unemployment Insurance Fall Back
16	Philadelphia Fed Index Indicates Further Economic Contraction
16	Euro Area IP Plunges
16	U.S. Housing Starts Fall to Second Lowest Level on Record But Bottom May Be Forming
15	U.S. Factory Output Decline Is The Sharpest Since The Deindustrialization After WWII
15	Japan's Retail Sales Drop
15	12-Month Decline In U.S. CPI A First Since 1958 And Owes To Energy & Food Prices
14	Singapore's GDP To Decline 6% To 9% In 2009 Says Ministry Of Trade And Industry
14	U.S. Businesses Inventories Fall Further
14	U.S. Finished Goods PPI Falls Unexpectedly While Core Prices Remain Stable
14	French Exports And Imports Drop
14	U.S. Retail Sales Backpedal
13	China's March Exports Up Close to 40%: Imports Up 20%
13	OECD LEI's Are Sinking At The Fastest Pace In Over 40 Years
13	U.S. Budget Deficit Broaches $1 Trillion With TARP Spending
9	Oil Lifts U.S. Import Costs While Nonoil Prices Fall For Eighth Month
9	U.S. Initial Claims for Jobless Insurance Back Off From High; Continuing Claims Double Last Year's Level
9	German IP Drops Sharply Again
9	U.S. Trade Deficit Falls Further To Lowest Since 1999
8	UK Industrial Output Falls Again
8	German New Orders: Halt!
8	U.S. Weekly Mortgage Applications Jump Higher As Refi's More Than Double
7	News from Australia and New Zealand
7	Consumer Credit Usage Remains Negative
7	JOLTS: U.S. Job Openings Tick Higher In February But Remain Off By One-Third Y/Y
7	U.S. Chain Store Sales Pick Up Early This Month
7	Gasoline Prices Hold Prior Weeks' Gains
6	Retail Sales Continue To Fall In The Euro Area
6	Euro Area Inflation Is Still Dropping Fast
3	Market Services PMIs Turn Higher In March
3	U.S. Jobless Rate Reaches 8.5%; 5.1 Million Payroll Jobs Are Lost Since Cycle Peak
3	U.S. ISM Nonmanufacturing Index Falls Again
2	French PPI Shows Year/Year Weakness
2	U.S. Factory Inventory Decumulation At A Record Pace
2	March U.S. Light Vehicle Sales Increase From 27-Year Low
2	U.S. Initial Claims for Jobless Insurance Rise To The Highest Level Since 1982; Continuing Claims Reach A Record
1	U.S. Pending Home Sales Tick Higher
1	U.S. Construction Spending; A More Moderate Decline
1	Challenger Layoffs Ease Slightly Second Month
1	Japan TANKAN Makes Heavy Weight for Pre-Summit
1	Rise In ISM Index Suggests Factory Sector Stabilization
1	ADP Report: Payroll Employment Down Another 742,000

March 2009
31	Turkey -- Another Emerging Economy Reports A Dismal 4Th Quarter Gross Domestic Product
31	Flash Dance - Inflation Waltzes to New Lows as Risk Soars to Dizzying Heights
31	U.S. Consumer Confidence Stabilizes Near Record Low
31	Petroleum Prices Strengthen, Then Fall Back
31	Case-Shiller Home Price Index Falls Further
30	EMU Still Sinking In EU Index Report
30	Commodity Prices Meander
30	Has Japanese Industrial Production Bottomed?
27	EMU Orders: Still Sinking Fast
27	Michigan Consumer Sentiment Improves As The Opinion Of Government Jumps
27	U.S. Personal Spending Increases Again, Modestly
26	UK Retail Sales Fall But Trend Holds Up
26	U.S. Continuing Claims for Unemployment Insurance Reach Another Record High
26	U.S. 4Q GDP Decline Remains Sharpest Since Early 1980s As Profits Crater
25	IFO Index Drops But Sentiment Drops But Sentiment Makes Some Gai
25	U.S. New Home Sales Step Up From Record Low
25	Rise in U.S. Durable Goods Orders Surprises
24	Flash PMIs Bottom Out
24	UK Inflation Accelerates
24	Confidence Among French Manufacturers Stays at Record Low Levels
24	U.S. Chain Store Sales Lose Earlier Momentum
24	Petroleum Prices Strengthen On Potential Tightening Of Crude Supplies
23	Shrinking World Trade: Evidence From Euro Area
23	February U.S. Existing Home Sales Recover January Decline as Prices Remain Weak
23	Chicago Fed Index Improved Marginally During February
20	IP In Zone In Record Drop
20	U.S. 2008 Current Account Deficit Shrinks To Smallest Since 2004
19	Philadelphia Fed Index Indicates Further Economic Contraction
19	U.S. Leading Indicators Fall To Cycle Low
19	UK Orders Decline To New Low But Pace Of Decline Slows... Sort Of
19	U.S. Continuing Claims for Unemployment Insurance Touch New Record
18	January IP Drops but the Pace of Decline Slows
18	FOMC Leaves Rates Unchanged At Historically Low Level; Fed's Balance Sheet Expanded
18	Higher Energy Prices Lift U.S. CPI By Most Since July; Core Pricing Power Firm
17	ZEW Survey: German Finance Types More Pessimistic On Current Conditions, Less Pessimistic On Expectations
17	Surprising Rebound In U.S. Housing Starts Owes To Multi-Family
17	U.S. Gasoline Prices Dip While Crude Oil Prices Rise
17	U.S. Finished Goods PPI Rises Modestly; "Downstream" Pricing Remains Weak
16	U.S. Home Builders’ Index Still Under Extreme Pressure
16	HICP Is Behaving Despite Month's Rise
16	Employment In The Euro Area
16	The Empire State Index Reaches New Low
16	Skid in U.S. Factory Output Is Sharpest Since 1975; Utilization Rate Reaches Record Low
13	E- Area Retailing Remains Weak
13	U.S. Import Prices Move Lower Despite Higher Oil Prices
13	Michigan Consumer Sentiment Stays Stable; Opinion of Government Jumps
13	U.S. Trade Deficit Shrinks To Lowest Since 2002
12	U.S. Flow of Funds: Deleveraging Occurs As Asset Values Decline
12	U.S. Businesses Shed Inventories at a Rapid Rate
12	German IP Sinks Sharply
12	U.S. Claims For Jobless Insurance Reach Another Record High
12	U.S. Retail Sales Excluding Autos Rise; Revisions Sharply Higher
11	U.S. Budget Deficit Grows Sharply With Recession & TARP
11	UK Trade Picture Show More Deterioration
11	JOLTS: U.S. Job Openings Fall Further
11	U.S. Weekly Mortgage Applications Rise
10	Manpower Survey: 2Q09 Employment Seen As Weakest Since Credit Crunch Recession
10	IP Drops Sharply in the Euro Area’s Early Reports
10	Foreign Trade in France and Germany: Casualties of the Recession
10	U.S. Small Business Optimism Nearing All-time Low
10	U.S. Gasoline Prices Are Stable; Crude Oil Prices Rise
10	U.S. Chain Store Sales Are Up in Early March
9	Japan Starts 2009 with a Current Account Deficit
9	Some Further Rebounding from Japan’s Economy Watchers Index
6	OECD LEI's Show Severe And Worsening Downturn
6	U.S. Unemployment Rate of 8.1% Highest Since 1983
5	U.S. Factory Inventories Fell A Fifth Month, Shipments Off 15.6% Y/Y
5	U.S. 4Q Worker Productivity Revised Down Sharply
5	U.S. Initial Claims For Jobless Insurance Fell Back
4	EMU Services Contract as UK Sector Cuts Losses
4	ADP Report: Payroll Employment Off 697,000
4	U.S. ISM Nonmanufacturing Index Eased Slightly
4	Challenger Layoffs Eased Somewhat
3	February U.S. Light Vehicle Sales Lower Still
3	Australia's Central Bank Takes A Breather: Economy Responding To Monetary And Fiscal Stimulus
3	Swiss GDP: In The Soup With The Rest Of Europe
3	U.S. Gasoline Prices Remained Just Above $1.90; Demand Stabilizing
3	U.S. Chain Store Sales Dipped Last Week, But Rose For The Month
3	U.S. Construction Spending Fell Further
3	U.S. Pending Home Sales Fell To Record Low; Falling Rates & Prices Push Affordability to New High
2	Euro Area MFG PMIs Drop
2	South Korea: Industrial Production Improves a Bit; Exports in Won Rise, but in USD, Fall
2	U.S. January Personal Savings Rate Highest Since 1995
2	ISM Index Flat Month-To-Month, Still Near Low

February 2009
27	Deflation Is Back!
27	Michigan Consumer Sentiment Estimate Little Changed At Lowest Since 1980
27	U.S. 4Q GDP Revised Down To Show Sharpest Drop Since 1980
26	EU/EMU Indices Crash Again In February
26	U.S. New Home Sales Lowest Since 1963
26	U.S. Initial Claims For Unemployment Insurance Highest Since 1982; Continuing Claims Another Record
26	U.S. Durable Goods Orders Lowest in Six Years; Latest Six-Month Decline a Record
25	Yen-Based Japan Exports Are Cut Nearly In Half
25	U.S. Mortgage Applications Fall: Refi's & Purchase Applications Off
25	January U.S. Existing Home Sales & Prices Fell
24	German IFO Survey Shows Little Change in the Dismal Appraisal of the Business Climate
24	U.S. Consumer Confidence Fell To A Record Low
24	U.S. Chain Store Sales Up Again Last Week
24	Case-Shiller Home Price Index Fell A Record 18.5% Last Year
24	U.S. Gasoline Prices Dipped
23	Italy’s Inflation Rates Show Turn of Trend
23	Can The Baltic States Hold Their Currency Pegs?
23	Economists Forecast Moderate Rebound in Second Half
23	Chicago Fed Index Fell Further
20	Philadelphia Fed Index Lowest Since 1990
20	Euro Area PMI's Continue To Drop... Very Sharply
20	U.S. CPI Ticked Up
19	U.S. Initial Claims For Jobless Insurance High and Stable
19	U.S. Leading Indicators Rose Slightly
19	Italy's Trade Flows Dive In December
19	U.S. PPI Firmer Than Expected
18	U.S. Factory Output Down Sharply Again in January; Off 10.0% Y/Y
18	U.S. Import Price Decline Quickened
18	CBI Finds Further Weakening
18	U.S. Housing Starts Plumb Another Record Low
17	U.S. Home Builders’ Survey Ticked Up Slightly
17	Exports and Imports Plunge in the Euro Area as Deficit Contracts
17	German Investors Begin To See A Ray Of Hope For The Economy
17	U.S. Empire State Index Fell To A New Low
16	Data Confirm Worst Fears Of Rapid Decline In Japanese Economy
13	GDP In EMU Falls Hard In 2008-Q4
13	Michigan Consumer Sentiment Sinks to Its Lowest Since 1980
12	U.S. Business Inventory Cutbacks Gained Steam
12	U.S. Initial Claims For Unemployment Insurance Slipped From Recent High
12	Industrial Production Drops Sharply Across Sectors in the Euro Area
12	U.S. Retail Sales Recover Modestly Following Six Months of Decline
11	U.S. Budget Deficit Surges As Revenues Collapse & Spending Jumps
11	France: INSEE Business Indicator Stops Falling
11	U.S. Trade Deficit Narrowed Further With Global Recession and Lower Oil Prices
10	Industrial Production Plunges in Main EMU Countries and Beyond
10	Sweden's Activity Index Points to a 5% + Annual Rate of Decline in Fourth Quarter GDP
10	U.S. Small Business Optimism Fell Even Further; Pricing At All-time Low
10	U.S. Gasoline Prices Highest Since December
10	U.S. Chain Store Sales Continued Unchanged Last Week
9	Economic Activity in Japan Speeds Downhill in Q4
9	Consumer Credit Growth Under Wraps
6	Industrial Production Sectors All Dropping Fast
6	U.S. Payrolls Slashed 598,000; Jobless Rate Rose To 7.6%
5	U.S. Factory Inventories Lower Still
5	U.S. Worker Productivity Growth Up, Unit Costs Ease
5	U.S. Initial Claims For Jobless Insurance Highest Since 1982, Continuing Claims Reach Another Record
4	Challenger Layoffs Highest Since 2002
4	U.S. ISM Nonmanufacturing Index Moved Higher Again
4	EMU Services PMI's Slow Descent Signal In January
4	EMU Consumer Spending Tanks Along With Spending Plans
4	ADP Report: Payroll Employment Fell Another 522,000
4	January U.S. Light Vehicle Sales Lowest Since 1982
3	U.S. Pending Home Sales Up in December But Down For 2008. Affordability At New High With Lower Rates & Prices
3	Recession Comes to Brazil
3	PPI For Euro Area Is Plunging
3	German Retail Sales Head South For The Winter
3	U.S. Chain Store Sales Recovered Last Week
3	U.S. Gasoline Prices Up Again
2	South Korean Exports Plummet: Sharp Fall in Exports to Pacific Rim
2	MFG PMIs Stop Their Descent
2	U.S. December Income, Consumption & Prices Fell While Savings Rose
2	ISM Index Improved Slightly From Historic Low

January 2009
30	Japan Hits The Skids Hard In December
30	EU Index At Record Low
30	Michigan Consumer Sentiment Up Slightly In January, Yet Still Near Series' Low
30	U.S. Employment Cost Index Increase Eased Slightly During 4Q; 2008 Gain A Record Low
30	U.S. Recession Intensifies; 3.8% Drop in Real GDP Is Sharpest Since 1982
29	December U.S. New Home Sales Lowest Since 1963
29	U.S. Durable Goods Orders Slumped Further
29	U.S. Weekly Continuing Claims For Jobless Insurance At Record High
28	FOMC Leaves Rates Unchanged
28	Italy's Business Confidence Continues To Drop
28	U.S. Mortgage Applications Fall as Refinancing Boom Ends
27	German Biz Confidence In a Small Rebound: What's All the Fuss?
27	U.S. Chain Store Sales Fell Back; 2.4% Yearly Decline a Record
27	U.S. Gasoline Price Rise Stabilized
27	Case-Shiller Home Price Index Fell A Record 18.2%
27	Consumer Confidence Fell To A Record Low
26	Deterioration in World Trade Continues: the News from Sweden
26	Canada's Mixed Inflation Picture...
26	Chicago Fed Index Well Into Recession Territory
26	U.S. Leading Indicators Rose Slightly
26	U.S. Existing Home Sales Rose Last Month
23	PMI Indices for EMU Bounce – Dead Cat or Live One?
23	Consensus Forecast for 4Q GDP: Activity Down 5%
22	Euro Area Orders Drop Sharply...Again
22	U.S. Weekly Claims For Jobless Insurance Highest Since 1982
22	U.S. Gasoline Prices Up Again
22	U.S. Home Builders’ Survey At Record Low
22	U.S. Housing Starts At Record Low
21	German PPI Points To Lower Inflation Ahead
21	Italy's Trade Picture Deteriorates
21	U.S. Chain Store Sales Recover Modestly
20	Germany's Zew Indicators: Expectations Less Pessimistic Current Conditions Continue To Worsen
20	U.S. Budget Deficit Above $1 Trillion This Year
19	Japanese Mining and Manufacturing Producers in a Free Fall in November
16	Michigan Consumer Sentiment Up Again In Early January Yet Still Near The Series' Low
16	U.S. Factory Output Fell Again in December; 2008 Decline The Largest Since 1975
16	EMU Trade Deficit Widens: Exports and Imports Collapse
16	U.S. CPI Fell A Third Month Due To Lower Energy Prices
15	Core Inflation in the EMU and in the US Falling Together… at Last
15	Philadelphia Fed Index Improved Slightly But Still Low
15	U.S. Weekly Claims For Jobless Insurance Back Up
15	U.S. December PPI Fell Again; 2008 Strength in Pricing Abruptly Ends
14	U.S. Business Inventories Fell Further
14	U.S. Import Prices Down Sharply Again: Both Oil & Nonoil
14	EMU Industrial Production is Plunging
14	The Dismal Christmas: U.S. Retail Sales Fell Sharply
13	Grim News from the UK
13	U.S. Budget Deficit Continued To Swell Toward A Record
13	JOLTS: U.S. Job Openings Lowest Since 2003
13	U.S. Small Business Optimism Fell Further to Near All-time Low; Pricing At All-time Low
13	U.S. Gasoline Prices Again Moved Higher
13	Economy Watchers Index Drops Sharply
13	U.S. Trade Deficit Narrowed Sharply With Recession and Lower Oil Prices
12	Industrial Production: India, China, South Korea
12	OECD LEIS Sink and Signal a More Impressive Slowdown
9	Industrial Output Falls Hard Across Europe
9	U.S. Payrolls Slashed 524,000; 7.2% Jobless Rate Highest Since 1993
8	EMU is on an All-time Low for Sentiment
8	Germany Posts Terrible Orders
8	Credit Cards Pocketed; The Frugal U.S. Consumer
8	U.S. Weekly Claims For Jobless Insurance Fell Further
7	Euro Area PPI Inflation Drops Sharply… or Does It?
7	U.S. Chain Store Sales Recovering
7	Challenger Layoffs Remained High
7	U.S. Mortgage Applications Fell Slightly Last Week
7	ADP Report: Payroll Employment Fell By 693,000
6	Decline in Production and Lower Inflation in Brazil: A Reduction in the Target Rate (Selic)?
6	U.S. Factory Inventories Fell Again
6	U.S. Gasoline Prices Moved Higher
6	U.S. Pending Home Sales Lower Still
6	U.S. ISM Nonmanufacturing Index Improved Slightly
6	EMU Inflation Falls More Sharply Than Expected
6	Europe's Services PMI At New Low
6	U.S. Light Vehicle Sales Inched Up in December; Down 18.5% For The Full Year
5	More Evidence of Declining Inflation
5	U.S. Construction Spending Off Further Due to Housing Decline
5	U.S. Monetary Policy: Pushing On A String?
5	ISM Index Fell To The Lowest Since 1980