Although they are declining, pessimists among consumers and businessmen in the 25 country European Union continue to outweigh the optimists. The excess of pessimists among consumers held steady in February at 10% while the excess of [...]
Global| Feb 28 2005
Confidence in the Euro Zone and the Broader EU-25
Global| Feb 28 2005
Chicago Purchasing Agents' Index Up Again
The Chicago Purchasing Managers Business Barometer rose for the second month and increased to 62.7 in February, beating Consensus expectations for a decline to 60.2. During the last ten years there has been a 67% correlation between [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 28 2005
New Home Sales Fell
Sales of new single-family homes fell a sharp 9.2% in January to 1.106M but the previously reported slight gain in December was revised to a 5.6% increase. Consensus estimates had been for sales of 1.125M. The decline in sales last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 28 2005
U.S. Personal Income Down
Personal income dropped last month 2.3% following the 3.7% jump in December which was driven by Microsoft's dividend payment. Consensus expectations had been for a 2.6% decline. Excluding the dividend effect personal income increased [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 28 2005
U.S. Personal Income Down
Personal income dropped last month 2.3% following the 3.7% jump in December which was driven by Microsoft's dividend payment. Consensus expectations had been for a 2.6% decline. Excluding the dividend effect personal income increased [...]
by:Tom Moeller
|in:Economy in Brief
Labor markets in disparate countries presently face disparate employment conditions. In data reported today, France, for instance, saw its January unemployment rate touch 10%, following more than a year hovering around 9.9%. Rates [...]
Global| Feb 25 2005
U.S. Existing Home Sales Fell Again
Sales of existing single family homes fell for the second month and earlier sales estimates were revised down. January sales of 5.94M fell 0.5% from December which fell 2.8% from November. Consensus expectations had been for December [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 25 2005
US GDP Growth Revised Up
US real GDP growth in 4Q04 was revised up to 3.8% (AR), about the same rate of growth as in the prior quarter. The Consensus expectation had been for 3.6% growth in 4Q. Trade sector deterioration is now estimated to have subtracted [...]
by:Tom Moeller
|in:Economy in Brief
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