Today, the third survey of 2012 for the Philly Fed Manufacturing Index regarding March was published: this survey suggests the U.S. manufacturing conditions continue to grow at a slightly faster pace in March than in February; the Philly Fed index…
According to the recent producer price index report, which came out today, the PPI for finished goods sharply increased by 0.4% February compared with January. This report serves as an indicator for the direction of the U.S core CPI to…
Yesterday, the IEA – International Energy Agency published its monthly report on the global crude oil market as of February 2012. According to the recent monthly update, during February, OPEC’s oil production rose to 31.42 million bbl/d compared with January’s…
Retails and foods services sales increased again in February 2012 compared with January 2012’s sales, and were also above the sales at February 2011. The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail…
According to the recent March report of the Organization of the Petroleum Exporting Countries regarding the oil market, the OPEC oil production slightly increased during February 2012 compared with January oil production levels. OPEC’s crude oil production reached 30,968 thousand…
The U.S. labor force rose again during February: according to the recent U.S. employment report, which was published today, March 9th by the Bureau of Labor Statistics the number of non-farm employees increased by 227,000. The main sectors that rose…
As many had anticipated the European Central Bank kept again the basic interest rate at 1.00% for the third consecutive month; the last time ECB had cut the rate was back in December by 0.25 percent points. In the press…
Yesterday, the U.S. non-manufacturing ISM report was released and it showed the U.S. non-manufacturing PMI reached 57.3% in February 2012. The U.S. non-manufacturing PMI, which is an index that estimates the economic activity in the U.S. non-manufacturing sector, expanded for…
Today the U.S. Manufacturing ISM report was published; according to the update, the U.S. Manufacturing PMI growth rate edged down again to 52.4% during February. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…
The bureau of economic analysis published yesterday its second estimate of the growth rate of the U.S. Gross Domestic Product during the fourth quarter of 2011. The report showed the US GDP rose by 3% in Q4 2011. According…