The Index of Consumer Confidence from the Conference Board rose another 2.6% in June to 105.8 following an upwardly revised gain in May. Consensus expectations had been for a lesser increase to 104.1. During the last twenty years [...]
Global| Jun 28 2005Consumer Confidence Rose Again
by:Tom Moeller
|in:Economy in Brief
Global| Jun 28 2005Consumer Confidence Rose Again
The Index of Consumer Confidence from the Conference Board rose another 2.6% in June to 105.8 following an upwardly revised gain in May. Consensus expectations had been for a lesser increase to 104.1. During the last twenty years [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 27 2005The German IFO Institute Confirms the Rise in Business Confidence Shown Earlier by the ZEW Measure
German business confidence improved in June after having declined in the four previous months according to the IFO Institute's survey of some 7,700 entrepreneurs. The data confirm the slight improvement in confidence shown by the [...]
Global| Jun 27 2005U.S. Liquidity Growth Down
Liquidity growth in the US has slowed markedly this year versus the charged growth rates during the prior three years. Growth during the last three months in the adjusted monetary base fell to 1.2% versus 5.3% growth last year and [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 27 2005Chicago Fed Nat'l Activity Index Indicates Trend US GDP Growth
At 0.10 in May, the National Activity Index (CFNAI) compiled by the Federal Reserve Bank of Chicago continued to suggest that US economic growth has slowed.The slowdown, however, would be from the heady rates of growth during 2004 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 27 2005Chicago Fed Nat'l Activity Index Indicates Trend US GDP Growth
At 0.10 in May, the National Activity Index (CFNAI) compiled by the Federal Reserve Bank of Chicago continued to suggest that US economic growth has slowed.The slowdown, however, would be from the heady rates of growth during 2004 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 24 2005Despite Strong Oil Revenues and Big US Exports, Mexican Trade Runs Overall Deficit
Are you aware that Mexico runs a trade deficit? In May, this was $434.6 million; in 2004, it averaged $726.7 million a month. Over the past year, exports, not seasonally adjusted, have grown 13.3%; while higher petroleum exports are [...]
Global| Jun 24 2005New Home Sales Up, Prices Down
New single-family home sales in May rose 2.1% m/m to 1.298M. The figure was slightly below the record level reached last October but sales during prior months were revised lower. Consensus estimates had been for sales of 1.32M. Sales [...]
by:Tom Moeller
|in:Economy in Brief
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