U.S. nonfinancial corporations paid down debt in Q4 2009, according to the Federal Reserve's Flow-of-Funds data reported today, March 11. The contraction was minimal, $8.2 billion at a seasonally adjusted annual rate, but it is the [...]
Global| Mar 11 2010
U.S. Initial Claims For Insurance Slip Again
Improvement in the labor market is ongoing, but slowing. Initial claims for jobless insurance slipped 6,000 last week to 462,000 from a little revised 468,000 during the prior week. Versus last month claims fell slightly and from [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 11 2010
Japan’s GDP Still Up Sharply But Less Than Before Revision
The back off in Japan’s core machinery orders this week began to deflate expectations for a capital formation jolt to spur growth. Still, gross capital formation did fall much more slowly in Q4 compared to Q3 as plant and equipment [...]
Global| Mar 11 2010
U.S. Trade Deficit Unexpectedly Moves Lower
Though the recession has ended, Americans' appetite for imported products remained under wraps last month. As a result, the U.S. foreign trade deficit improved to $37.3B from a little-revised $39.9B during December. The latest figure [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 11 2010
U.S. Trade Deficit UnexpectedlyMoves Lower
Though the recession has ended, Americans' appetite for imported products remained under wraps last month. As a result, the U.S. foreign trade deficit improved to $37.3B from a little-revised $39.9B during December. The latest figure [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 11 2010
U.S. Trade Deficit Unexpectedly Moves Lower
Though the recession has ended, Americans' appetite for imported products remained under wraps last month. As a result, the U.S. foreign trade deficit improved to $37.3B from a little-revised $39.9B during December. The latest figure [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 10 2010
U.S. Monthly Budget Deficit A Record
As the Federal government's February budget deficit reached a record $220.9B, the figure pulled the Fiscal YTD deficit to $651.6B which was larger than any past deficit for twelve months, except 2009. Recession pulled net revenues [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 10 2010
UK Industrial Production Losses Momentum – So What?
UK IP Sinks - Industrial output in the UK was set back in January unexpectedly. Consumer durables and intermediate goods output fell sharply in January a month with some considerable weather disruptions. January is sharp departure [...]
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