The Mortgage Bankers Association reported that mortgage applications fell another 0.6% last week but slight decline during the last two weeks only tempered earlier gains which lifted the average in February 11.1% above January. Last [...]
Global| Feb 23 2005
Mortgage Applications Off Again
by:Tom Moeller
|in:Economy in Brief
Global| Feb 23 2005
Chain Store Sales Dipped
Chain store sales dipped 0.1% last week and reversed the prior week's up tick according to the International Council of Shopping Centers (ICSC)-UBS survey. Sales in February are 0.7% ahead of the January average which rose 0.9% from [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 23 2005
Consumer Prices Rose As Expected
Consumer Prices (CPI-U) rose a modest 0.1% in January following an upwardly revised no change the month earlier. Consensus expectations had been for a 0.2% increase for last month. Prices less food & energy rose the same 0.2% in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 23 2005
Consumer Prices Rose As Expected
Consumer Prices (CPI-U) rose a modest 0.1% in January following an upwardly revised no change the month earlier. Consensus expectations had been for a 0.2% increase for last month. Prices less food & energy rose the same 0.2% in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 22 2005
Russia Chalks Up Another 7+% Real Growth in 2004: Inflation Accelerates
Data released today show that Russian Gross Domestic Product rose 7.14% in real terms in 2004, marginally less than the 7.35% rise in 2003. Growth in consumption accelerated to a 9.20% increase from a 6.24% rise in 2003. Imports, [...]
Global| Feb 22 2005
Consumer Confidence Slipped
The Conference Boards Index of Consumer Confidence slipped in February to 104.0 from an upwardly revised January level of 105.1. Consensus expectations had been for a reading of 103.3. The index of consumer expectations fell for the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 22 2005
ECRI U.S. Leading Index Trending Higher
The Weekly Leading Index of the US economy from the Economic Cycle Research Institute (ECRI) resumed an up trend after stuttering around the new year. Flat in the latest week, the index in February is up 1.2% from January and the six [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 22 2005
ECRI U.S. Leading Index Trending Higher
The Weekly Leading Index of the US economy from the Economic Cycle Research Institute (ECRI) resumed an up trend after stuttering around the new year. Flat in the latest week, the index in February is up 1.2% from January and the six [...]
by:Tom Moeller
|in:Economy in Brief
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