Japanese GDP jumped 1.7% in Q4, equal to 7.0% at an annual rate. Consensus forecasts had called for 4.3% annualized growth. Business investment led the surge, up 5.1% (quarterly rate), contributing almost half of the quarter's total [...]
- Global| Feb 18 2004
Japan GDP Surges 1.7% in Q4
- Global| Feb 18 2004
Housing Starts Down With Temps
Housing starts dropped 7.9% last month as nationwide temperatures plummeted to the coldest since 2000. It was the first m/m decline since August. December starts were revised slightly lower due to a lowered figure for multi-family [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2004
Increases in Industrial Production in Russia Outpace Those in Western Europe and in the U.S.
Industrial production in the Euro-zone, the U. S. and the UK has been essentially flat since 2000. The flat trend in the Euro-zone, as a whole, is the result of above average performance in some countries, notably Ireland and below [...]
- Global| Feb 17 2004
U.S. Industrial Production Jumped
Industrial production jumped 0.8% in January and about matched Consensus expectations for a 0.7% rise. December's slight gain in output was revised to no change. Cold winter weather boosted the production gain by raising utility [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 16 2004
Israeli Economy Increases in 2003 after Two Years of Decline
The Israeli economy rose 1.23% in 2003 after two years of decline. Increases in private consumption and exports and a decline in imports offset declines in fixed investment and government consumption during the year. The increase is, [...]
- Global| Feb 15 2004
U.S. Retail Sales Fell, Nonauto Spending Moderate
US retail sales fell 0.3% in January, about as expected due to a 3.3% (+5.6% y/y) decline in spending on motor vehicles. The 1.1% rise in December sales was little revised. Sales excluding motor vehicles rose 0.6% following an [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 15 2004
U.S. Retail Sales Fell, Nonauto Spending Moderate
US retail sales fell 0.3% in January, about as expected due to a 3.3% (+5.6% y/y) decline in spending on motor vehicles. The 1.1% rise in December sales was little revised. Sales excluding motor vehicles rose 0.6% following an [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 13 2004
Modest Q4 Euro-zone Growth Led by Demand in UK and US
Eurostat's "Flash" GDP estimate for Q4/2003 shows modest growth fairly steady with Q3. The Euro-zone 12 gained 0.3%, a bit slower than Q3's 0.4%, while strength in the UK helped raise the EU15* by 0.4%, the same as in Q3. Four-quarter [...]
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