Economy in Brief: August 2009

The pace of real GDP change was unchanged in today's report from the Commerce Department, which showed a 1.0% rate of decline. Inventories were revised lower but offset in the GDP tally by a smaller decline in domestic final sales and [...]

The month-to-month improvement in the all sector IFO diffusion index is the second largest since 1991. All sectors improved in the month. The manufacturing index is improving especially rapidly. The services sector has dug itself out [...]

Sales of new single-family homes rose again in July, the fourth consecutive monthly gain. The seasonally adjusted annual rate was 433,000, up 9.6% from an upwardly revised 395,000 in June and the largest monthly amount since September [...]

Durable goods orders rebounded in July, jumping 4.9%, and June's numbers were revised higher so that the original 2.5% decline is now shown at 1.3%. The major part of the July gain was in nondefense aircraft orders, which more than [...]

Durable goods orders rebounded in July, jumping 4.9%, and June's numbers were revised higher so that the original 2.5% decline is now shown at 1.3%. The major part of the July gain was in nondefense aircraft orders, which more than [...]

German GDP’s turnaround reveals its secrets – Germany finalized its GDP and provided details on Q2 GDP performance. GDP rose by 1.3% annualized and compounded Q/Q. Private consumption continued positive in Q2. Public spending on [...]

Among the many Haver data bases where information on Eastern European economies can be found are: EMERGECW, EUROSTAT, OECDMEI, OECDNAQ, IFS, EIUDEEUR and EIUIEEUR. EMERGECW contains data from the official country source. EUROSTAT [...]

· German GDP’s turnaround reveals its secrets – Germany finalized its GDP and provided details on Q2 GDP performance. GDP rose by 1.3% annualized and compounded Q/Q. Private consumption continued positive in Q2. Public spending on [...]