Orders for durable manufactured goods surged 5.2% last month helped very much by a jump in orders for commercial aircraft. December's rise was the largest m/m gain since July. Nevertheless, a reduced increase in orders for all of 2007 [...]
Global| Jan 29 2008
U.S. Durable Goods Orders Surged in December, Gain Slowed in 2007
by:Tom Moeller
|in:Economy in Brief
Global| Jan 29 2008
U.S. Durable Goods Orders Surged in December, Gain Slowed in 2007
Orders for durable manufactured goods surged 5.2% last month helped very much by a jump in orders for commercial aircraft. December's rise was the largest m/m gain since July. Nevertheless, a reduced increase in orders for all of 2007 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 28 2008
Little Change in Business and Consumer Confidence in the Czech Republic and Slovenia
Confidence indicators for the Czech Republic and Slovenia were published today. They give a mixed picture. Consumer confidence was up in the Czech Republic and down in Slovenia; confidence in industry was down slightly in the Czech [...]
Global| Jan 28 2008
US New Home Sales Off 41% in Last Twelve Months; Lowest Since 1995
At the end of 2007, new single family home sales dropped 4.7% to 604,000 after falling 12.6% m/m during November. A sales rate of 649,000 was the Consensus expectation for last month. The full year, however, contained much worse news. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 28 2008
Money Growth
On the face of it money supply growth should not give us much cause to fear recession. The US and UK show slowdowns in high frequency growth rates of money supply but only the US three-month rate is a negative one; and three-month [...]
Global| Jan 28 2008
US New Home Sales Off 41% in Last Twelve Months; Lowest Since 1995
At the end of 2007, new single family home sales dropped 4.7% to 604,000 after falling 12.6% m/m during November. A sales rate of 649,000 was the Consensus expectation for last month. The full year, however, contained much worse news. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 25 2008
French Biz Confidence Hovers Just Short of Recent Highs
France’s business climate indicator is steady this month at 109; over 12 months the index is rising at a steady 2.8% annual rate. Still there is no sign of advance in the index since March of 2007 when it has hovered between 108 and [...]
Global| Jan 25 2008
Excluding Energy, Trends are Turning in Germany
German import prices surged by 0.5%. But strip out energy and the rise is reduced to 0.1%; export prices excluding energy are flat, too. Year-over-year import prices excluding energy are up by 0.1%; export prices on that basis are up [...]
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