The National Association of Realtors reported that sales of existing homes declined 3.4% (+0.9% y/y) during October to 5.360 million (AR) after an unrevised 4.7% increase to 5.550 million in September. The latest figure disappointed [...]
Global| Nov 23 2015U.S. Existing Home Sales Retreat; Prices Down for Fourth Straight Month
by:Tom Moeller
|in:Economy in Brief
Global| Nov 22 2015Philadelphia Fed Nonmanufacturing Business Index Slips Slightly in November, but Details Brighter
The Federal Reserve Bank of Philadelphia's Nonmanufacturing Business Index of current conditions slipped a bit in November to 15.6 from 16.3 in October. This was the fourth consecutive monthly decline and the lowest level since July [...]
by:Sandy Batten
|in:Economy in Brief
Global| Nov 20 2015Inflation divergence stalks Germany and EMU
In October the overall German PPI fell by 0.4%. The index fell excluding energy by 0.2%; manufacturing prices fell by 0.3%. The harmonized PPI fell by 0.3%. There is a consistency across the board of weakness in October and of price [...]
Global| Nov 20 2015Inflation divergence stalks Germany and EMU
In October the overall German PPI fell by 0.4%. The index fell excluding energy by 0.2%; manufacturing prices fell by 0.3%. The harmonized PPI fell by 0.3%. There is a consistency across the board of weakness in October and of price [...]
Global| Nov 20 2015U.S. State Unemployment Rates Vary Greatly
The overall U.S. unemployment rate declined during October to 5.0%, half its late-2009 peak. Falling jobless rates occurred throughout the country, but there was great variation amongst individual states. The country's largest states [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 19 2015U.S. Leading Economic Index Posts Firm Increase
The Conference Board's Leading Economic Index increased 0.6% during October following two months of slight decline. September's 0.1% dip was revised from -0.2%. The Action Economics Forecast Survey called for a 0.4% October rise. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 19 2015Philadelphia Fed Business Conditions Index Turns Slightly Positive
The Philadelphia Federal Reserve Bank reported that its General Factory Sector Business Conditions Index for November turned slightly positive following two straight negative readings. At 1.9, the latest figure was the highest since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 19 2015EMU Trade Surplus Climbs While Underlying Flows Sink
EMU posted a wider trade surplus in September as that surplus moved up to 20.1bln from 19.0bln Euros in August. But a widening surplus does not mean that all is well in EMU or in the rest of the world. EMU exports rose by 1.1% in [...]
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