According to the latest U.S. Census Bureau report regarding the new residential construction statistics for July 2012, the annual rate of housing starts decreased while the rate of building permits increased. This report sends a mixed signal as to the…
The Bureau of Labor Statistics published today the latest report of the U.S CPI for July 2012. According to the recent report, the consumer price index remained unchanged again for the second consecutive month, but in annual terms the US…
According to the recent producer price index monthly report, which came out yesterday, the PPI for finished goods rose by 0.3% in July compared with June’s index. This report serves as an indicator for the developments in the U.S core…
The Euro Area GDP contracted by 0.2% during the second quarter of 2012; this contraction in GDP came despite the slight growth in Germany’s economy by 0.3% and perhaps due to the decline in GDP in other leading countries such…
Retails and foods services sales edged up in July 2012 compared with June’s sales, and were above the sales at July 2011. The U.S. Department of Commerce published today its monthly report on the changes in the U.S. retail and…
According to the recent August report by the Organization of the Petroleum Exporting Countries regarding the recent changes in the crude oil market, the OPEC oil production decreased again during July compared with June’s oil production levels. OPEC’s crude oil…
The U.S. employment rose y a higher rate than many had anticipated during July: according to the recent U.S. employment report, which was published today, August 3rd by the Bureau of Labor Statistics the number of non-farm employees grew…
The Fed announced it won’t change its monetary policy and keep its ongoing plans of extending operation twist and keeping low rates until late 2014. The FOMC stated it sees signs of slowdown in the U.S. economy. Currently gold and…
Today the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index edged up to 49.8% during July 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…
The bureau of economic analysis published today July 26th its first estimate of the growth rate of the U.S. Gross Domestic Product for the second quarter of 2012. According to the recent update U.S output of goods and services expanded…