Consumer and industrial confidence in the Euro Area increased slightly in February, the first increase since February of a year ago. Most probably the increases were due to the agreement on the terms of a program of debt restructuring [...]
- Global| Feb 28 2012
A Slight Improvement in Sentiment in the Euro-Area
- Global| Feb 28 2012
U.S. Consumer Confidence Rebounds
Consumers have been heartened by a firmer job market and low inflation. The Conference Board's Index of Consumer Confidence rebounded during February to 70.8 (seasonally adjusted, 1985=100) and recovered to the highest level in a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 28 2012
U.S. Case-Shiller Home Price Index Falls Again
Year-end and full year 2011 were periods of house price decline. The seasonally adjusted Case-Shiller 20-City Home Price Index dropped 1.1% in December after an unrevised 1.3% decline in November. That pulled prices over the last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 28 2012
U.S. Durable Goods Orders Retrace Earlier Gain
New orders for durable goods slumped 4.0% last month after a revised 3.2% December increase, originally reported as 3.0%. Consensus expectations had been for a 1.0% fall. However, the latest decline ran counter to the ISM orders [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 28 2012
U.S. Gasoline Prices Jump To Record High
If gasoline prices seem high, they are. Seasonally adjusted prices reached a record high last week. Pump prices for regular gasoline increased another thirteen cents last week to $3.72 per gallon and were up forty three cents versus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 27 2012
Money Supplies: US Heats Up as UK Stays in Big Chill... As Growth Rates Flat-Line Elsewhere
Money growth continues to show some amazingly different international trends in the key developed countries of the global monetary center. In the US money growth has kicked up but velocity has shifted down, keeping that pick up at bay [...]
- Global| Feb 27 2012
A Note on the Bank of Korea's Survey of Business Conditions Index
The March survey of business conditions surveyed by the Bank of Korea shows improvement from 78 in January to 80 in February in actual conditions in Korean manufacturing industry and from 81 in February to 84 in March in what is [...]
- Global| Feb 27 2012
U.S. Pending Home Sales Recover Earlier Decline
The National Association of Realtors (NAR) reported that January pending sales of single-family homes improved 2.0% (8.0% y/y) following a lessened 1.9% December drop. The index level of 97.0 (2001=100) was the highest since April of [...]
by:Tom Moeller
|in:Economy in Brief
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