Category: News Feed

OPEC’s Oil Production Slightly Rose in August 2012

According to the recent September prepared by the Organization of the Petroleum Exporting Countries regarding the latest developments in the crude oil market for August, the OPEC oil production increased during August compared with July’s oil production levels. OPEC’s crude…

U.S. PMI Manufacturing Index Edged Down to 49.6%

Yesterday, the U.S. Manufacturing ISM report was published; according to the recent update, the U.S. Manufacturing PMI index edged down to 49.6% during August 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…

U.S. Pending Home Sales Bounced Back in July 2012

According to the recent monthly update of the U.S. pending homes sales, which was published yesterday August 29th by the National Association of Realtors, the real estate market has shifted again as pending home sales rose during July: the U.S.…

U.S GDP Q2 2012 Revised Up to 1.7%

U.S. GDP 2012 Q1 update 2009-2012 US GDP second Q2012 (percent) August 2012

The bureau of economic analysis published today August 29th its second 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 growth…

U.S. New Home Sales Rose in July 2012

Yesterday, the U.S. Census Bureau reported the change in number of new homes sold in the U.S during July 2012: the number of new homes sales decreased compared with the number of new homes sold during June 2012. According to…