Category: News Feed

U.S. Durable and Capital Goods Orders Increased– March

Today, the U.S. Census Bureau published its monthly report on the changes in U.S. durable goods manufactures’ shipments, inventories and orders during February 2012 – according to this report, orders of durable goods and capital goods rose during last month…

U.S. Consumer Confidence Declined in March

Following the rise in the U.S consumer confidence index during February, this index changed direction and decreased in March. According to the recent U.S. consumer confidence survey, the consumer confidence index declined in March compared with February’s index: The index…

U.S. Pending Home Sales Edged Down in February 2012

According to the recent U.S. pending homes sales report, which was published today, the real estate market has changed direction as pending home sales edged down during February 2012; alternatively the February 2012 U.S. pending home sales index was still…

U.S. New Home Sales Declined in February 2012

Today, the U.S. Census Bureau updated on the number of new homes sales in the U.S during February 2012: new homes sales slightly declined again compared with the number of homes sold during January 2012. According to the recent report,…

Will Saudi Arabia Bring Crude Oil Prices Down?

There are reports that Saudi Arabia will raise its oil production in case the situation between Iran and the West will further escalate. Will Saudi Arabia come through on this promise? And more importantly, will it keep the crude oil…

U.S Existing Home Sales Slipped in February 2012

The U.S real estate market slowed down in February the U.S. existing homes sales rate moderately decreased during February 2012 by 0.9%; this news comes after it was reported yesterday that there was a slight drop in housing starts during…

U.S Housing Starts Slipped by 1.1% in February 2012

According to this month’s U.S. Census Bureau report regarding the new residential construction statistics for February 2012 there was a slight decrease in housing starts but a rise in building permits. Privately owned Housing starts decreased in February 2012: the…