A recent downtrend in initial claims for unemployment insurance continued last week. They fell slightly and remained near their lowest level since early-January. The Labor Department indicated that claims fell to 514,000 from an [...]
Global| Oct 15 2009U.S. Initial Unemployment Insurance Claims Fall Slightly; Continuing Claims Off As Well
by:Tom Moeller
|in:Economy in Brief
Global| Oct 15 2009CPI Total & Core Increase Just Modestly Despite Economic Improvement
Despite recent moderate economic improvement, pricing pressure remained very much under control last month as indicated by weak gains in consumer prices. Perhaps the economy's improvement owes much to that weakened pricing power. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 15 2009CPI Total & Core IncreaseJust Modestly Despite Economic Improvement
Despite recent moderate economic improvement, pricing pressure remained very much under control last month as indicated by weak gains in consumer prices. Perhaps the economy's improvement owes much to that weakened pricing power. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 14 2009U.S. Retail Sales Decline In September After Auto-Led August Gain; Underlying Trend Firms
The DIHK survey, a poling of over 25000 firms by the German chambers of industry and commerce, is not conducted in Q3. So the fourth quarters -10 reading compares to the -17 reading from Q2. It is a net balance of opinion diffusion [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 14 2009U.S. Business Inventory Decumulation Continues At A Record Rate
Why hold inventories if they're loosing value and the demand outlook is uncertain? These two questions are behind the decumulation which continued through August. Business inventories fell another 1.5% which exceeded expectations for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 14 2009U.S. Import Prices Tick Higher As Non-Oil Prices Firm
Weakness in the U.S. dollar is pushing up non-oil import prices. Following the strength in oil prices earlier this year, now non-oil prices have firmed. U.S. import prices last month ticked up the expected 0.1% after jumps between [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 14 2009DIHK Survey Points to Continued Improvement in German Economy
The DIHK survey, a poling of over 25000 firms by the German chambers of industry and commerce, is not conducted in Q3. So the fourth quarter’s -10 reading compares to the -17 reading from Q2. It is a net balance of opinion diffusion [...]
Global| Oct 13 2009German Financial Experts A Little Less Optimistic
The German financial community lowered slightly its expectations for the economic outlook. The ZEW indicator of economic expectations declined slightly in October to 56.0% from 57.7% in September. This is still well above the long [...]
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