The US current account deficit in 2Q'06 deepened to $218.4B versus a revised and deepened deficit of $213.2B during 1Q. The deficit last quarter equaled 6.6% of GDP, greater than the 6.35% during all of last year . Consensus [...]
Global| Sep 18 2006U.S. Current Account Deficit Deeper: Oil Imports Surged
by:Tom Moeller
|in:Economy in Brief
Global| Sep 18 2006U.S. Current Account Deficit Deeper: Oil Imports Surged
The US current account deficit in 2Q'06 deepened to $218.4B versus a revised and deepened deficit of $213.2B during 1Q. The deficit last quarter equaled 6.6% of GDP, greater than the 6.35% during all of last year . Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 15 2006Japan's Flow-of-Funds Data for Q2 Add to Questions about Economic Progress
Earlier this week, Louise Curley highlighted the fragility of recent gains in the Japanese economy. She described new weakness in manufacturing orders and some deterioration in consumer confidence. Today, data on flow of funds in the [...]
Global| Sep 15 2006U.S. Consumer Sentiment Improved Further, Expectations Up
Consumer sentiment in early September added to the gains of late August, according to the University of Michigan. The mid-month reading rose 2.9% to 84.4 on top of the late-August rise which limited that month's decline to 3.2%. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 15 2006Industrial Production Stalled in August
Total U.S. industrial output slipped 0.2% last month and that disappointed Consensus expectations for a 0.2% gain. The decline followed an unrevised 0.4% rise during July. As hot summer temperatures moderated, utility output reversed [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 15 2006CPI Rose An Expected 0.2%
In August, the consumer price index (CPI-U) rose an expected 0.2%, half the prior month's gain. Less food & energy, prices also rose an expected 0.2% for the second month and the gain equaled the average rate of increase during 2006. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 15 2006CPI Rose An Expected 0.2%
In August, the consumer price index (CPI-U) rose an expected 0.2%, half the prior month's gain. Less food & energy, prices also rose an expected 0.2% for the second month and the gain equaled the average rate of increase during 2006. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 14 2006U.S. Current Account Deficit Eases in Q2
The US current account deficit shrank a bit in Q2 to $190.8 billion from $197.1 billion in Q1. The figure was very close to consensus expectations for Q2 of $190.5 billion. Q1's deficit was revised larger by $4.5 billion. The latest [...]
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