The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) fell to 54.2 last month from an unrevised 55.1 during September. The figure compared to Consensus expectations for 54.5. Since [...]
Global| Nov 05 2012U.S. ISM Nonmanufacturing Index Weakens Slightly
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 02 2012
U.S. Job Market Continues To Improve
Nonfarm payrolls grew 171,000 during October following revised gains of 148,000 and 192,000 during the prior two months, earlier reported as 114,000 and 142,000, respectively. A 121,000 increase was expected. Moderate job gains [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 02 2012
U.S. Vehicle Sales Pull Back
Light vehicle sales were under pressure last month. Unit sales of light motor vehicles during October fell 4.4% m/m (+7.2% y/y) to 14.29M (SAAR) according to the Autodata Corporation. The latest figure disappointed the Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 01 2012
U.S. ISM Indicates Improvement In Factory Sector Activity
The manufacturing sector continues on the mend, albeit slowly. The Institute for Supply Management reported that its composite index ticked up to 51.7 in October versus an unrevised 51.5 in September. The figure beat expectations for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 01 2012
U.S. Consumer Confidence: Sharp Improvement but Still Lacking
The Conference Board consumer confidence measure rose sharply to 72.2 in Oct from 68.4 in Sept. it was last higher in Feb 2008. The present situation is better in Oct too, rising to 56.2 from 48.7 it was last higher in Sept 2008. [...]
- Global| Nov 01 2012
New ADP Survey Shows 158,000 October Payroll Increase
An expanded employment survey sample for the Automatic Data Processing (ADP) payroll gauge shows a net gain in private payrolls of 158,000 jobs for October. This is stronger than the new ADP survey reading in September of 113,000 and [...]
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