The Mortgage Bankers Association reported that total mortgage applications fell another 1.1% last week following the 11.3% decline during the week prior. As a result of increases earlier in the month, applications in June grew 9.9% [...]
Global| Jun 29 2005
Mortgage Applications Fell A Bit Further
by:Tom Moeller
|in:Economy in Brief
Global| Jun 29 2005
US GDP & Corporate Profit Growth Revised Up
US real GDP growth in 1Q '05 was revised up further to 3.8% (AR), in line with Consensus expectations. Corporate profit growth (w/IVA & CCA) also was revised up to 6.0% (15.4% y/y) versus the preliminary estimate of a 4.5% increase. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 29 2005
US GDP & Corporate Profit Growth Revised Up
US real GDP growth in 1Q '05 was revised up further to 3.8% (AR), in line with Consensus expectations. Corporate profit growth (w/IVA & CCA) also was revised up to 6.0% (15.4% y/y) versus the preliminary estimate of a 4.5% increase. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 28 2005
More Indicators of European Business Confidence: French Up, Italian Down
Business confidence in both France and Italy had remained unchanged or declined in the months since October, 2004 through May 2005. In June, however, business confidence in France rose, but confidence in Italy continued to weaken.The [...]
Global| Jun 28 2005
Chain Store Sales Fell
Chain store sales fell 0.6% last week following three consecutive weeks of gain according to the International Council of Shopping Centers (ICSC)-UBS survey. In June sales are 0.4% below the prior month's average. During the last ten [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 28 2005
Consumer 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 28 2005
Consumer 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 2005
The 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 [...]
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