The Conference Board's Index of Consumer Confidence during April slipped to 69.2 from 69.5 last month, initially reported as 70.2. Nevertheless, the latest two figures were the highest since February 2011 and were up nearly three- [...]
- Global| Apr 24 2012
U.S. Consumer Confidence Declines Slightly
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 24 2012
U.S. New Home Sales And Prices Decline
New home sales fell 7.1% to 328,000 last month. The decline reversed a revised 7.3% February increase, revised from -1.6%. Earlier months' figures also were revised higher. The latest sales beat Consensus expectations for 318,000 but [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 23 2012
EMU PMIs Say Brace For Worse Times Ahead! While the IFO's Reading & EC readings Say Markit's PMIs Are Too Dismal
Perspective on the Markit PMIsThe Markit PMI readings were not so surprising this month as the have been falling for some time There had been a three -month period in which the drop subsided, but that now is a thing of the past and [...]
- Global| Apr 23 2012
State Unemployment Rates Show Great Variation & Improvement
Throughout the United States, the unemployment rate has fallen to some degree from its recession high. In some states, such as New York or Louisiana, improvement has been minimal. In others, as in South Carolina or Florida, the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 23 2012
Netherlands Rebels Against Austerity--The Mood of the People
The rebellion against austerity measures in the Euro Area has spread from the troubled countries such as Greece, Spain and Italy to the Netherlands. The Netherlands, a close ally of Germany and has been a staunch supporter of [...]
- Global| Apr 20 2012
Has Germany Dodged The Bullet?
The sector array of up-minus-down diffusion readings shows only one negative sector for Germany in April. And this is with a new crisis swirling around the e-Zone. The far right column arrays the readings in the table Vs their [...]
- Global| Apr 20 2012
Has Germany Dodged The Bullet?
The sector array of up-minus-down diffusion readings shows only one negative sector for Germany in April. And this is with a new crisis swirling around the Euro Area. The far right column arrays the readings in the table Vs their [...]
- Global| Apr 19 2012
German-Italian Orders...And What They Tell Us About The EMU Upside-Down Cake
As different as we think that Germany and Italy are their industrial orders have been behaving remarkably similarly. The correlation between German and Italian orders over the past nine years is 0.91 on Y/Y percentage changes (or if [...]
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