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 2010U.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 2010Japan’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 2010U.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 2010U.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 2010U.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 2010U.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 2010UK 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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