While the monetary authorities and the politicians scramble to develop policies to stimulate Japan's faltering economy, more and more actual data are being released confirming the need for such activity. The July Industrial Production [...]
Global| Aug 31 2010
More Depressing Data From Japan
Global| Aug 31 2010
U.S. Consumer Confidence Improves Slightly This Month But Remains Off From Recent High
The Conference Board indicated that consumer confidence rebounded moderately this month following two months of sharp decline. Their consumer confidence index rose 4.9% m/m to 53.5 following a 6.1% July decline that was less than [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 31 2010
U.S. Case-Shiller Home Price Index Gains Slow
Earlier, modest improvement in home prices recently lost some steam. Seasonally adjusted, the Case-Shiller 20-City Home Price Index gained 0.3% (4.2% y/y) in June following slightly stronger increases during the prior two months. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 31 2010
Japan Tries To Regroup Forecast: Cloudy With A Chance Of More Clouds And Bad Weather
Japan issued a host of data today, as is its custom at month-end. Today we found housing starts rose, retail sales rose and so did industrial output. The gains in these series were not huge but in general Japan’s indicators beat [...]
Global| Aug 30 2010
Germany Climbs To 'New Post Recession' Heights; EMU Improves Both Progress And Unevenness Are Evident
It's still recovery - The EMU recovery remains in place as the Economic Sentiment index has risen again in August. Despite some rather extreme pessimism following 'Europe's' strong Q2 GDP showing we find that post-Q2 economic [...]
Global| Aug 30 2010
Economic Sentiment In Europe Improves, But Pessimists Still In The Majority
The European Commission's Economic Sentiment Indicator (ESI) for the twenty seven countries of the European Union increased in August to 102.7 from 102.0 in July and for the 16 countries of the Euro Area, to 101.8 from 101.1 in July. [...]
Global| Aug 30 2010
U.S. Personal Spending Firms As Consumers Dip Into Savings
One way or another, U.S. consumers know how to do what they're paid to do. Personal consumption during July increased a firm 0.4% following an unrevised dip during June. The increase beat Consensus expectations for a 0.3% gain. Though [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 27 2010
U.S. Mortgage Delinquencies & Foreclosures Remain High
It's one of the main lessons the study of economics can teach. When something goes bad, less of it is wanted. This year, the percentage of underwritten mortgages in arrears broached 10.0%. Going back to 1972, when the data first [...]
by:Tom Moeller
|in:Economy in Brief
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