In its latest National Employment Report, the payroll processor, Automatic Data Processing (ADP), indicated that the level of private nonfarm payrolls rose 93,000 m/m during November. Upward revisions to earlier monthly figures show [...]
Global| Dec 01 2010ADP Report Indicates Firmest Job Growth Since 2007
by:Tom Moeller
|in:Economy in Brief
Global| Nov 30 2010All Growth Rates Agree – Can They All Be Wrong?
Japan’s industrial production index is slowing over three-months and over six months.It is also falling in each of the last five months and of course, over three months, and also over six months. Weakness in the output of consumer [...]
Global| Nov 30 2010More Reports on GDP; Q/Q vs Y/Y
More information on the economic performance of individual countries in the third quarter of this year is becoming available. Third quarter GDP for two developed economies, Canada and Denmark, and three emerging economies, India, [...]
Global| Nov 30 2010U.S. Consumer Confidence Recovers Further
The Conference Board reported that consumer confidence improved modestly for the second month during November but remained down sharply from the May high. The index of overall confidence rose 8.4% to 54.1 following a little-changed [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 30 2010Chain Store Sales Finish Month On Firm Note During Holiday Week
This holiday season began with a firm gain in consumer spending. Last week, chain store sales increased 0.5% to recover after the prior week's 0.6% decline. Adding to earlier strength, the rise lifted sales for the month 1.2% above [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 30 2010U.S. Case-Shiller Home Price Index Falls For Third Month
What strength in home prices there might have been evaporated this summer. During September, the seasonally adjusted Case-Shiller 20-City Home Price Index fell 0.8% after a 0.5% August drop that was deeper than reported initially. It [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 29 2010EuroCOIN Points to Improvement in Euro Area's Fourth Quarter GDP
In spite of financial troubles in Ireland, Greece, Spain and Portugal, forward looking indicators are showing signs of improvement in the level of economic activity in the Euro Area as a whole. The latest measure to show improvement, [...]
Global| Nov 29 2010EU Indices Show Improvement and Signs of Strain, Too
By sector retailing has the highest rank in its historic queue of values followed by the industrial sector. Construction is the weakest sector followed by services. But the change in the services index this month was the 13th largest [...]
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