The CBI Industrial Trends Survey for the UK shows some moderation in orders and expected output in June from May. Orders, after turning briefly positive in May at +1, slipped back to negative territory with a -6 reading for June. [...]
- Global| Jun 24 2004
British Industry Survey Suggests Recovery Near
- Global| Jun 24 2004
Initial Claims for Unemployment Insurance Rebound
Initial claims for jobless insurance rose 13,000 last week to 349,000. The prior week's decline of 15,000, which may have been influenced by the Reagan Funeral, was unrevised. Consensus expectations had been for 340,000 claims. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 23 2004
Japanese Exports and Imports Both Grow in May
Japanese trade flows are growing with some vigor. Exports rose a steep 7.3% in May to ¥5.24 billion, a record high outstripping by 7.2% the previous record of ¥4.89 billion, which was only just reached last December. Press reports [...]
- Global| Jun 23 2004
Mortgage Applications Drift At Low Level
The index of mortgage applications compiled by the Mortgage Bankers Association ticked up 0.1% (-61.3% y/y) last week. So far in June applications are 11.0% below the May average which fell 18.9% from April. Applications to refinance [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 22 2004
Producer Price Inflation in the Baltic Countries
Inflation in producer prices in the Baltic States spiked up in the last two months. Data on producer prices for Estonia and Latvia were released yesterday and show year over year rates of increases in the seasonally unadjusted data [...]
- Global| Jun 22 2004
Chain Store Sales Rose As Gasoline Prices Fell
The International Council of Shopping Centers (ICSC)-UBS reported that chain store sales ticked up just 0.1% last week, but the gain followed small increases in the prior two weeks following three weeks of decline. Sales improvement [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 21 2004
ECRI Leading Indicators Slow
Decline through much of last month in the Weekly Leading Index of the US economy published by the Economic Cycle Research Institute (ECRI) was followed by a gain in the latest period. The declines lowered the six-month growth rate in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 21 2004
ECRI Leading Indicators Slow
Decline through much of last month in the Weekly Leading Index of the US economy published by the Economic Cycle Research Institute (ECRI) was followed by a gain in the latest period. The declines lowered the six-month growth rate in [...]
by:Tom Moeller
|in:Economy in Brief
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