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…
According to the recent monthly report of the U.S. pending homes sales, which was published yesterday July 26th by the National Association of Realtors, the real estate market has shifted again as pending home sales declined during June: the U.S.…
Today, the U.S. Census Bureau reported the change in number of new homes sold in the U.S during June 2012: the number of new homes sales decreased compared with the number of new homes sold during May 2012. According to…
Today, the seventh survey of 2012 for the Philly Fed Manufacturing Index for July was published: this survey estimates the U.S. manufacturing conditions have slightly improved by are still deteriorating; the Philly Fed index rose from -16.6 in June to…
According to the recent U.S. Census Bureau report about the new residential construction statistics for June 2012, the annual rate of housing starts declined while the rate of building permits rose. This report sends a mixed signal of the progress…
The Bureau of Labor Statistics published today the latest report of the U.S CPI for June 2012. According to the publication the consumer price index remained unchanged but in annual terms the US CPI rose by 1.7%. The consumer price…
Retails and foods services sales edged down again in June 2012 compared with May’s sales, but were above the sales at June 2011. The U.S. Department of Commerce published its monthly report on the developments in the U.S. retail and…
In this week’s petroleum and oil weekly update by the Energy Information Administration, there is an analysis of the recent updated WTI and Brent oil outlook. The total U.S oil and petroleum stockpiles changed direction and rose. The stockpiles increased…
According to the recent July report by the IEA – International Energy Agency on the recent developments in the global crude oil market as of May/June 2012, the global oil supplies remained high in June; the non-OPEC supply also remain robust. OECD…
According to the recent July report by the Organization of the Petroleum Exporting Countries in regards to the recent developments in the crude oil market, the OPEC oil production slightly declined during June compared with May’s oil production levels. OPEC’s…