A month ago here, Tom Moeller explained that mild weather was likely behind an unexpectedly strong performance for new home sales. They were up 4.8% from November, which itself had risen markedly. All of that has now been reversed as [...]
Global| Feb 28 2007
New Home Sales Fall 16.6% in January, Pay Back Late 2006 Gains
Global| Feb 28 2007
US 4Q GDP Revised Down to 2.2% Growth, in Line with Forecasts
U.S. real GDP grew 2.2% (AR) last quarter, revised from the unexpectedly large 3.5% reported last month. After release of December construction, trade and inventory data, market forecasters estimated the change to GDP fairly well in [...]
Global| Feb 28 2007
US 4Q GDP Revised Down to 2.2% Growth, in Line with Forecasts
U.S. real GDP grew 2.2% (AR) last quarter, revised from the unexpectedly large 3.5% reported last month. After release of December construction, trade and inventory data, market forecasters estimated the change to GDP fairly well in [...]
Global| Feb 27 2007
Taiwan and Hong Kong Foreign Trade
Taiwan and Hong Kong have recently released trade data that may be found in the Haver data base EMERGEPR. The data for Taiwan are shown in millions of U. S. dollars while those for Hong Kong are shown in millions of HK dollars with [...]
Global| Feb 27 2007
Existing Home Sales Show Monthly Gain, Less Year/Year Weakness
Existing home sales had a surprising gain in January, rising 3.0% to 6.46 million (SAAR), the largest volume since June. Market forecasts called for an increase of just 0.5% or so. Note that all these data have undergone annual [...]
Global| Feb 27 2007
January Durable Goods Orders Fall, Giving Up Late 2006 Gains
New orders for durable goods dropped 7.8% in January, following a downwardly revised 2.8% gain in December (originally 3.1%). Consensus expectations called for about a 3% fall, which would have basically reversed the December [...]
Global| Feb 27 2007
January Durable Goods Orders Fall, Giving Up Late 2006 Gains
New orders for durable goods dropped 7.8% in January, following a downwardly revised 2.8% gain in December (originally 3.1%). Consensus expectations called for about a 3% fall, which would have basically reversed the December [...]
Global| Feb 26 2007
Less State and More Private Industrial Production in Vietnam
The Socialist Republic of Vietnam released data on industrial production today. The data are not seasonally adjusted and are in terms of 1994 Dongs. The dong is the unit of currency in Vietnam. At the end of January, the exchange rate [...]
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