Economy in Brief: October 2009

The 8% decline in the broad trade-weighted dollar since February of this year is having Central Bankers outside the United States rethink the currency composition of their international reserve holdings. A major reallocation of [...]

For August, the Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that job availability fell to a new series' low in August. The 0.9% downtick in the number of job openings followed a 4.2% July [...]

For August, the Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that job availability fell to a new series' low in August. The 0.9% downtick in the number of job openings followed a 4.2% July [...]

OECD gets upbeat - The OECD is getting much more upbeat in its assessment of the world's leading economies. It now contends that they may now be recovering or growing after hitting the bottom of their respective economic recessions in [...]

Though oil prices have risen, the recession in the U.S. economy has prompted a sharp cutback in the dollar amount of oil imports. That cutback helped the international trade deficit to narrow during August to $30.7.0B versus a little- [...]

Though oil prices have risen, the recession in the U.S. economy has prompted a sharp cutback in the dollar amount of oil imports. That cutback helped the international trade deficit to narrow during August to $30.7.0B versus a little- [...]

The Bank of France monthly business survey continues to show a strong uptrend. The overall industry sentiment index (in red at the bottom of the table) scored a reading of 92 up from 89 in August, a standing of 30% in its range of [...]

The labor market signaled improvement again. Initial claims for unemployment insurance fell last week to the lowest level since early-January. The Labor Department indicated that claims fell to 521,000 from an upwardly revised 554,000 [...]