The Bureau of Labor Statistics published today the recent report of the U.S CPI for May 2012. According to the publication the consumer price index fell by 0.3% and in annual terms the US CPI increased by 1.7%. The consumer…
According to the latest June report prepared by the IEA – International Energy Agency on the recent changes in global crude oil market as of April/May 2012, the global Oil Supplies rose again in May; the non-OPEC supply also rose…
According to the latest producer price index monthly report, which came out today, the PPI for finished goods tumbled down by 1% in May compared with April’s index. This report serves as an indicator for the changes in the U.S…
Retails and foods services sales edged down in May 2012 compared with April 2012’s sales, but were above the sales at May 2011. The U.S. Department of Commerce published its monthly update on the shifts in the U.S. retail and…
According to the latest June report by the Organization of the Petroleum Exporting Countries vis-à-vis the recent changes in the oil market, the OPEC oil production remained nearly unchanged during May compared with April’s oil production levels. OPEC’s crude oil…
Despite the exceptions of many for a more “pro-stimulus” testimony by the Chairman of Fed especially after the recent disappointing U.S non-farm payroll report came out on Friday, there weren’t any hints for QE3; Bernanke dropped a wet blanket on…
The growth in U.S. employment didn’t meet expectations and only slightly expanded during May: according to the latest U.S. employment report, which was published today, June 1stby the Bureau of Labor Statistics the number of non-farm employees increased by only…
Today the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI growth rate decreased to 53.5% during May 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 May 31st its second estimate of the growth rate of the U.S. Gross Domestic Product for the first quarter of 2012. According to the recent update U.S output of goods and services expanded…
According to the recent U.S. pending homes sales monthly report, which was published today May 30th by the National Association of Realtors, the real estate market has shifted again as pending home sales decreased during April 2012; furthermore the U.S.…