Credit market debt outstanding owed by all sectors of the economy grew 8.6% AR (8.9% y/y) during the fourth quarter of 2007. The gain was a marked slowdown from the strong 10.9% rise during 3Q. Boosted by the growing budget deficit, [...]
Global| Mar 10 2008
U.S. Flow of Funds: Debt Growth Slowed, Household Net Worth Down
by:Tom Moeller
|in:Economy in Brief
Global| Mar 10 2008
U.S. Flow of Funds: Debt Growth Slowed, Household Net Worth Down
Credit market debt outstanding owed by all sectors of the economy grew 8.6% AR (8.9% y/y) during the fourth quarter of 2007. The gain was a marked slowdown from the strong 10.9% rise during 3Q. Boosted by the growing budget deficit, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 07 2008
German IP Sees Huge Lift From Capital Goods
German IP was a breath of fresh air in January. But it may not have been made in the best of circumstances. Capital goods output surged by 6.2% m/m possibly a result of special rules favoring investment that are phasing out. [...]
Global| Mar 07 2008
OECD Composite Leading Indicators: Moderate Slowing
The OECD CLIs are largely still falling over the most recent three months, but generally the three-month drops are at a slower pace than the pace of the declines over six months. That is not the best news but it is good news of sorts. [...]
Global| Mar 07 2008
U.S. Payrolls Again Fell Unexpectedly
The Bureau of Labor Statistics reported that for the second consecutive month, nonfarm payrolls fell. A 63,000 decline last month followed a downwardly revised 22,000 drop during January. The December job gain also was revised weaker. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 07 2008
U.S. Payrolls Again Fell Unexpectedly
The Bureau of Labor Statistics reported that for the second consecutive month, nonfarm payrolls fell. A 63,000 decline last month followed a downwardly revised 22,000 drop during January. The December job gain also was revised weaker. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 06 2008
Japan Economy Shows Weakening Sectors and a Weakening Outlook
The Teikoku indices show a weakening Japan economy. Just today Japan policymakers, commenting on the state of the economy, were saying that it is weak and did not know if the word ‘recession’ should be used in connection with it. The [...]
Global| Mar 06 2008
German Orders Take Another Swing Lower
Manufacturing orders were a little weaker at the start of the year than in the fourth quarter said the German ministry in a classic understatement of the facts. It noted, however, mitigating factors, such as a change in the tax [...]
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