Employment compensation remained sluggish in Q2, although it picked up slightly. The total employment cost index rose 0.4%, following Q1's 0.3% and also a bit better than expectations for 0.3%. However, the improvement came in state [...]
- Global| Jul 31 2009
EMU Inflation Rate Moves Lower
Inflation remains under control in the EMU region in July. Despite ECB concerns about inflation and German and other concerns about the degree of stimulus money supply growth remains very tepid in the EMU region and inflation [...]
- Global| Jul 31 2009
Rate of U.S. GDP Decline Slows in Q2 2009
The Commerce Department indicated that real GDP declined last quarter at a 1.0% annual rate, indicating a slowing in the U.S. recession. The diminution in the rate of GDP decline versus the prior two quarters was due to a reduced rate [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 31 2009
Rate of U.S. GDP Decline Slows inQ2 2009
The Commerce Department indicated that real GDP declined last quarter at a 1.0% annual rate, indicating a slowing in the U.S. recession. The diminution in the rate of GDP decline versus the prior two quarters was due to a reduced rate [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2009
EMU Recovery Continues
BETTER: The EU commission indices for EU and EMU continue to show substantial progress. The EU index rose to 75.0 from 71.1 while the EU index rose to 76.0 from 73.2. The better showing in the EMU rise implies a better rise in the [...]
- Global| Jul 30 2009
U.S. Weekly Claims For Jobless Insurance Rise, But Falling Trend Suggests Improved Labor Market
The rate of improvement in the job market again appears to have slowed. The latest figures from the Labor Department indicate that initial claims rose for the second consecutive week after sharp declines early in the month. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2009
U.S. Weekly Claims For JoblessInsurance Rise, But Falling Trend Suggests Improved Labor Market
The rate of improvement in the job market again appears to have slowed. The latest figures from the Labor Department indicate that initial claims rose for the second consecutive week after sharp declines early in the month. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 29 2009
Japan Retail Sales Remain Sour
Japan retail sales fell in June but June caps a three-month period in which sales have expanded. Still, in the quarter-to-date Japan’s retail sales are falling but only slightly. Over 12-months retail sales are off by about 3%, led by [...]
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