Initial claims for unemployment insurance dropped 25,000 last week following a revised gain of 16,000 the week prior. The decline to 329,000 was to the lowest level in over a month and compared to the Consensus expectation for 345,000 [...]
Global| Oct 21 2004
Initial Jobless Insurance Claims Drop Suggests Labor Market Firmed
by:Tom Moeller
|in:Economy in Brief
Global| Oct 21 2004
Initial Jobless Insurance Claims Drop Suggests Labor Market Firmed
Initial claims for unemployment insurance dropped 25,000 last week following a revised gain of 16,000 the week prior. The decline to 329,000 was to the lowest level in over a month and compared to the Consensus expectation for 345,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 20 2004
Canadian Leading Indicators Rise, But More Slowly
The Canadian economy is strengthening or slowing according to divergent interpretations of today's September report on leading indicators. In releasing the report, Statistics Canada emphasized a progressive slowing in the indicator's [...]
Global| Oct 20 2004
Mortgage Applications Rebounded
Mortgage applications rebounded last week from the prior period's slump, according to the Mortgage Bankers Association (MBA). The 7.9% w/w rise did not, however, recoup all of the prior week's 9.2% fall and so far in October [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 20 2004
Mortgage Applications Rebounded
Mortgage applications rebounded last week from the prior period's slump, according to the Mortgage Bankers Association (MBA). The 7.9% w/w rise did not, however, recoup all of the prior week's 9.2% fall and so far in October [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 19 2004
September Industrial Production in Poland Up Strongly: Increases in Production in the New European Union Member [...]
Poland reported that the non seasonally adjusted index of industrial production in September was 9.25% above the year ago figure. The seasonally adjusted and working day adjusted data are not yet available, but the Haver seasonally [...]
Global| Oct 19 2004
U.S. Chain Store Sales Slipped
Chain store sales slipped 0.2% last week after two weeks of respectable gain, according to the International Council of Shopping Centers (ICSC)-UBS. The decline dropped sales so far in October 0.1% below the September average which, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 19 2004
Housing Market Index Recovered
The Composite Housing Market Index from the National Association of Home Builders (NAHB) recovered in October from the prior month's decline to 72, the highest level in a year. The NAHB index is a diffusion index based on a survey of [...]
by:Tom Moeller
|in:Economy in Brief
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