Category: News Feed

U.S. Consumer Confidence Declined Again in May 2012

The U.S consumer confidence index fell again during May, after this index has slightly declined during April. According to the recent U.S. consumer confidence survey, the consumer confidence index declined again in May compared with April’s index: The index reached…

U.S. New Home Sales Rose in April 2012

Today, the U.S. Census Bureau reported on the number of new homes sold in the U.S during April 2012: new homes sales rose compared with the number of homes sold during March 2012. According to the recent update, during April…

U.S Existing Home Sales Rose in April 2012

The U.S real estate market picked up in April as the U.S. existing homes sales rate rose during April 2012 by 3.4% (M-o-M); this news comes after it was reported last week that there was a rise in housing starts…

Philly Fed Index Thumbed Down in May

Today, the fifth survey of 2012 for the Philly Fed Manufacturing Index for May was published: this survey estimates the U.S. manufacturing conditions changed direction from growth to contraction during May; the Philly Fed index tumbled down from +8.5 in…

U.S Housing Starts Increased by 2.6% in April 2012

According to the latest U.S. Census Bureau report about the new residential construction statistics for April 2012 there was an increase in housing starts but a decrease in building permits. Privately owned Housing starts rose in April 2012: the seasonally…

Euro Area GDP Remained Flat in Q1 2012

The Euro Area GDP didn’t change, i.e. the growth rate remained flat during the first quarter of 2012; this stagnation in GDP is mainly due to the growth in of Germany’s economy during the quarter by 0.5% that compensated for…

OPEC’s Oil Production Slightly Rose in April 2012

According to the latest May report by the Organization of the Petroleum Exporting Countries regarding the recent developments in the oil market, the OPEC oil production slightly increased again during April compared with March’s oil production levels. This rise was…