According to this month’s U.S. Census Bureau report of the new residential construction statistics for October 2011 there was a sharp increase in building permits but a very moderate slip in housing starts. Privately owned Housing starts slightly declined in…
Today the recent release of the Philly Fed Manufacturing Index for November was published: this survey showed the U.S. manufacturing conditions are still expanding, but at a slower rate than in October; the November Philly Fed index declined from +8.7…
In the recent report of the Bureau of Labor Statistics, the U.S inflation for October 2011 slipped by 0.1% and in annual terms it rose by 3.5%. The consumer price index without food and energy also rose by 0.1% during…
The Euro Area GDP grew by a low rate of 0.2% during the third quarter of 2011; this slow paced growth is mainly due to the continuing low growth rate of Germany’s that grew by 0.5% during the third quarter…
The producer price index was published today. It showed a moderate decrease in the PPI for finished goods in October compared to September – a decrease of 0.3%. This report also serves as an indicator for the upcoming U.S core…
Retails and foods services sales slightly inclined in October compared to September 2011, and were 0.5% above the sales at October 2010. The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail and food…
Following the news from Italy that Silvio Berlusconi will step down from the position of Prime Minster the stability of Italy’s financials became unstable with sharp rises to Italy’s long term yields; ECB’s announcement to purchase Italian bonds helped stable the markets…
The Federal Budget deficit rose again last month by a higher pace than in September: according to the last publication of the Monthly Treasury Statement, the U.S government deficit rose in October 2011 by $98.4 billion; this is an increase…
Today, the IEA – International Energy Agency published its monthly report on the global crude oil market as of October 2011. During October, OPEC’s oil production slightly rose to 30.01 million bbl/d compared with September’s average oil production; this was…
China’s inflation rate sharply plummeted in October and reached an annual inflation rate of 5.5% – the lowest level since May 2011 and sharpest single month drop since 2009. In addition there was a slowdown in the growth of industrial…