The National Federation of Independent Business reported that its Small Business Optimism Index gained to 96.1 during August following an unrevised moderate July increase. The latest level remained near its highest since September [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 09 2014U.K. Trade Gap Widens as Sterling Gains Strength
U.K. exports and imports fell in June. Exports fell by 1.6%, following a 0.1% decline in May. Imports fell by 0.4%, following a 0.9% rise in May. Over 12 months both exports and imports are falling with exports falling faster at a [...]
Global| Sep 08 2014U.S. Consumer Credit Usage Ramps Up
The Federal Reserve Board reported that consumer credit outstanding increased $26.0 billion during July following a revised $18.8 billion rise, initially reported as $17.3 billion. Expectations were for a $17.0 billion increase, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 05 2014U.S. Payrolls Post Disappointing Increase; Jobless Rate Ticks Lower
Nonfarm payrolls gained 142,000 (1.8% y/y) during August following increases of 212,000 and 267,000 during the prior two months. The rise was the weakest since December and disappointed expectations for a 220,000 increase in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 05 2014German IP Recovers
Germany's industrial production rose by 1.9% in July, marking a strong gain in the German industrial sector. It is the largest monthly gain since April 2013. The output of consumer goods rose by 0.1%. Intermediate goods output rose by [...]
Global| Sep 05 2014U.S. Payrolls Post Disappointing Increase; Jobless Rate Ticks Lower
Nonfarm payrolls gained 142,000 (1.8% y/y) during August following increases of 212,000 and 267,000 during the prior two months. The rise was the weakest since December and disappointed expectations for a 220,000 increase in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 04 2014U.S. ADP Employment Increase Eases Slightly
Private sector employment growth eased a bit more last month, but at 204,000 in the ADP/Moody's National Employment Report, it held to the moderate growth range of the last six months. The y/y increase was 2.2%, extending a steady [...]
Global| Sep 04 2014U.S. ISM Nonmanufacturing Index Shows Further Strength
The pace of nonmanufacturing activity continued to accelerate in August with the Institute for Supply Management's (ISM) composite nonmanufacturing index rising to 59.6 from 58.7 in July. This is a diffusion index with a reading above [...]
by:Sandy Batten
|in:Economy in Brief
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