The National Association of Home Builders reported that their index of housing market activity improved to 16 this month from a downwardly revised 15 in October. The figure remained above the all-time low reached in January of last [...]
Global| Nov 16 2010U.S. Housing Sector Improves Again This Month Says Home Builders Association
by:Tom Moeller
|in:Economy in Brief
Global| Nov 16 2010U.S. Industrial Production Is Unchanged; Factory Output Jumped
The capital goods sector of the economy raised industrial output last month. The headline figure of no-change in October industrial production owed to a 3.4% decline in utility output. Three-month growth in output overall dropped to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 16 2010Germany's ZEW Survey Shows More Optimism
The 277 financial analysts and institutional investors who participated in the November ZEW survey have become more optimistic than their counterparts in October about the prospects for Germany and the whole Euro Area. The balance of [...]
Global| Nov 16 2010U.S. PPI Is Strong For Third Month; Core Prices Drop Sharply
Other than energy prices, inflation is tame. So often observed, it could be considered humdrum. For last month, however, it's an appropriate way to describe producer pricing power. The U.S. Producer Price Index for finished goods rose [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 16 2010U.S. PPI Is Strong For Third Month; Core Prices Drop Sharply
Other than energy prices, inflation is tame. So often observed, it could be considered humdrum. For last month, however, it's an appropriate way to describe producer pricing power. The U.S. Producer Price Index for finished goods rose [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 15 2010German Employment
While the pace of the German economy slowed in the third quarter of this year, the pace of employment rose. Total employment was 40,432 thousand in the third quarter, compared with 40,350 thousand in the second quarter. In the [...]
Global| Nov 15 2010EMU Trade Balance Turns To Surplus
In the wake of the G-20 summit, a turbulent wake that has rocked many boats and leaves them pitching and yawing in the open sea and still at great peril, the EMU has released its Zone-wide trade figures and guess what? The Zone is in [...]
Global| Nov 15 2010Empire State Factory Index Turns Negative But Expectations Improve
In an abrupt turnaround, the Federal Reserve Bank of New York reported that its November Empire State Factory Index of General Business Conditions fell to -11.14, the first negative reading in over one year. The figure was well short [...]
by:Tom Moeller
|in:Economy in Brief
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