The Conference Board reported that November consumer confidence fell 2.1% to 102.9 following a downwardly revised 0.8% slip during October. The decline ran counter to Consensus expectations for an increase to 106.4. During the last [...]
Global| Nov 28 2006
Consumer Confidence Slipped Again
by:Tom Moeller
|in:Economy in Brief
Global| Nov 28 2006
U.S. Existing Home Sales & Prices Inch Up
Total October existing home sales inched up 0.5% to 6.24M from a slightly higher revised September level, according to the National Association of Realtors. The m/m increase was the first since February and was firmer than Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 28 2006
Air Came Out of U.S. Durable Orders, Tech Off As Well
An 8.3% decline in new orders for durable goods last month more than reversed an upwardly revised 8.7% surge during September. The volatility largely reflected first the near-tripling of civilian aircraft & parts orders during [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 28 2006
Air Came Out of U.S. Durable Orders, Tech Off As Well
An 8.3% decline in new orders for durable goods last month more than reversed an upwardly revised 8.7% surge during September. The volatility largely reflected first the near-tripling of civilian aircraft & parts orders during [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 27 2006
Germany Shows Solid GDP Growth and Improved Confidence
Although we generally comment on the current day's data releases, occasionally we comment on previously released data if that data were released on a U. S. holiday. Such is the case this year when data on the German Gross Domestic [...]
Global| Nov 27 2006
World's Output Gains Lift Commodity Prices
Though a very recent slowdown in industrial output growth in the United States has garnered attention, compared to last year the nation's factories still are humming. That continued growth compares to an advance in factory sector [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 27 2006
World's Output Gains Lift Commodity Prices
Though a very recent slowdown in industrial output growth in the United States has garnered attention, compared to last year the nation's factories still are humming. That continued growth compares to an advance in factory sector [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 24 2006
Sweden's Strong Exports Limit Harm from Energy Price Surge
Sweden's trade balance widened in October from a year ago to SKr10.6 billion from SKr10.2 billion. Exports expanded SKr11.4 billion, or 13.0%, while imports gained SKr11.0 billion, a 14.2% increase. Statistics Sweden reported these [...]
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