The Leading Index of the Major 7 OECD economies fell for the third straight month, off 0.5%, the declines growing larger each month. The drop lowered the six month growth rate in the index to a negative 1.6%, the weakest in two years. [...]
Global| Jun 14 2005OECD Leaders Fell Broadly Again
by:Tom Moeller
|in:Economy in Brief
Global| Jun 13 2005Irish Industrial Production: A Slowdown in the "Modern Sector"
Total Industrial production in Ireland rose 2.9% in April from March while production in manufacturing rose 4.6%. In addition to the usual industry and market sector breakdowns of total production, Ireland also classifies production [...]
Global| Jun 13 2005U.S. Budget Deficit Continued To Shrink
The U.S. federal government's budget deficit during the first eight months of FY 2005 continued to shrink versus FY 2004. Red ink of $272.2B was nearly one quarter lower than the $346.3B during the prior fiscal year and was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 13 2005U.S. Budget Deficit Continued To Shrink
The U.S. federal government's budget deficit during the first eight months of FY 2005 continued to shrink versus FY 2004. Red ink of $272.2B was nearly one quarter lower than the $346.3B during the prior fiscal year and was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 10 2005Japanese Investors Buy Sizable Amount of Foreign Debt; Foreign Investors Buy Sizable Amount of Japanese Debt
Japan's Ministry of Finance (MoF) has reorganized its data on the purchase and sales of foreign securities by Japanese investors and the similar data on foreign investment in Japanese securities. The new data began this past January [...]
Global| Jun 10 2005Import Prices Fell
Import prices fell 1.3% last month after an upwardly revised 1.2% April surge. Consensus expectations had been for a 0.4% decline. Petroleum prices slumped 6.5% in May and were the source of April's upward revision. In June, crude oil [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 10 2005U.S. Trade Deficit Deteriorated
The U.S. foreign trade deficit deepened in April to $57.0B and reversed about half of the prior month's m/m improvement which was revised. Consensus expectations had been for a deficit of $58.0B. Total exports doubled the prior [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 10 2005U.S. Trade Deficit Deteriorated
The U.S. foreign trade deficit deepened in April to $57.0B and reversed about half of the prior month's m/m improvement which was revised. Consensus expectations had been for a deficit of $58.0B. Total exports doubled the prior [...]
by:Tom Moeller
|in:Economy in Brief
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