Consumers are using their borrowing ability to keep spending. Consumer credit outstanding jumped $14.2B during October following a revised $12.2B September increase, initially reported as $11.4B, according to Federal Reserve figures [...]
Global| Dec 10 2012U.S. Consumer Credit Usage Continues To Heat Up
by:Tom Moeller
|in:Economy in Brief
Global| Dec 10 2012OECD Leading Indicators: A Mixed Bag
The OECD's Leading Indicator for three broad groups of countries are showing mixed trends, as shown in the attached chart. Those for the Euro Area are definitely indicating slowing economies. Except for Germany, most of the other [...]
Global| Dec 07 2012U.S. Consumer Sentiment Weakens Markedly in Early December
The University of Michigan's Index of Consumer Sentiment dropped sharply in early December to 74.5 (Q1 1966 = 100) from 82.7 in November. This move negated market forecasts for a steady reading of 82.8, and returned the index about to [...]
Global| Dec 07 2012U.S. Consumer Sentiment Weakens Markedly in Early December
The University of Michigan's Index of Consumer Sentiment dropped sharply in early December to 74.5 (Q1 1966 = 100) from 82.7 in November. This move negated market forecasts for a steady reading of 82.8, and returned the index about to [...]
Global| Dec 07 2012U.S. Job Market Continues To Improve Despite Hurricane Sandy
Nonfarm payrolls grew 146,000 during November following gains of 138,000 and 132,000 during the prior two months, revised down from 171,000 and 148,000, respectively. A 110,000 increase was expected. As measured in the household [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 07 2012U.S. Consumer Sentiment Weakens Markedly in Early December
The University of Michigan's Index of Consumer Sentiment dropped sharply in early December to 74.5 (Q1 1966 = 100) from 82.7 in November. This move negated market forecasts for a steady reading of 82.8, and returned the index about to [...]
Global| Dec 06 2012U.S. Flow-of-Funds Data Show Slower Credit Market Borrowing in Q3
The Federal Reserve quarterly Flow-of-Funds data show some easing in credit market borrowing in Q3, at $887 billion, seasonally adjusted annual rate, down from $1,166 billion in Q2, $1,415 billion in Q1 and an average of $929 billion [...]
Global| Dec 06 2012U.S. Flow-of-Funds Data Show Slower Credit Market Borrowing in Q3
The Federal Reserve quarterly Flow-of-Funds data show some easing in credit market borrowing in Q3, at $887 billion, seasonally adjusted annual rate, down from $1,166 billion in Q2, $1,415 billion in Q1 and an average of $929 billion [...]
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