Though oil prices have risen, the recession in the U.S. economy has prompted a sharp cutback in the dollar amount of oil imports. That cutback helped the international trade deficit to narrow during August to $30.7.0B versus a little- [...]
Global| Oct 09 2009U.S. Trade Deficit NarrowsSlightly But Petroleum Imports Drop Sharply
by:Tom Moeller
|in:Economy in Brief
Global| Oct 08 2009Bank Of France Business Indicator Continues Its Barnstorming... Still, Many Barns Lie Ahead
The Bank of France monthly business survey continues to show a strong uptrend. The overall industry sentiment index (in red at the bottom of the table) scored a reading of 92 up from 89 in August, a standing of 30% in its range of [...]
Global| Oct 08 2009U.S. Weekly Jobless Insurance Claims Fall To Lowest Since January
The labor market signaled improvement again. Initial claims for unemployment insurance fell last week to the lowest level since early-January. The Labor Department indicated that claims fell to 521,000 from an upwardly revised 554,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 08 2009U.S. Weekly Jobless InsuranceClaims Fall To Lowest Since January
The labor market signaled improvement again. Initial claims for unemployment insurance fell last week to the lowest level since early-January. The Labor Department indicated that claims fell to 521,000 from an upwardly revised 554,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 07 2009U.S. Consumer Credit Outstanding Continues To Fall
There's been no let-up in the deleveraging of consumer balance sheets. For the seventh consecutive month, the Federal Reserve reported that consumer credit outstanding has fallen. During August, it was down by $12.0, or 4.0% y/y, and [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 07 2009Several Indicators Signal U.S. Inflationary Upturn
Liquidity has long been viewed as having the potential for fueling inflationary problems for an economy. Before that problem actually emerges, several "market-based" indicators help provide a market view of the pricing outlook. While [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 07 2009German Orders Growth Extended
Order Trends: German new orders growth was extended as foreign orders snapped back after a one-month decline. Domestic orders fell by 1.9% after surging by 9.5% in July. Orders have been rising steadily, strongly, over the past six [...]
Global| Oct 07 2009German Orders Growth Extended
Order Trends: German new orders growth was extended as foreign orders snapped back after a one-month decline. Domestic orders fell by 1.9% after surging by 9.5% in July. Orders have been rising steadily, strongly, over the past six [...]
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