Today, the U.S. Census Bureau reported on U.S new homes sales for September 2011 and it showed a change in direction as the number of homes sold rose compared with August’s numbers. According to the report, in September 2011 the…
According to the recent U.S. consumer confidence survey, the consumer confidence index slipped in October compared with September’s index. The index reached in October to 39.8 (1985=100) a drop from 46.4 in September. American consumers’ short term outlook in U.S.…
The U.S existing homes sales rate slipped in September 2011 by 3.0%; this news comes despite the recent gains in the housing starts report. According to the recent report of the Realtors’ organization, the annual rate of US existing home…
According to the recent release of the Philly Fed Manufacturing Index, the index showed the U.S. economy is presenting signs of improvement in manufacturing conditions, compared with the previous month’s report; the October Philly Fed index inclined from -17.5 in…
The recent news from Libya is that the rebels killed Qaddafi after they had captured him today – October 20th.  As reported by Bloomberg, the Libyan rebels managed to capture Qaddafi in his hometown of Sirte. This news is likely…
According to the recent U.S. Census Bureau report of the new residential construction statistics for September 2011 there was a sharp increase in housing starts but a drop in building permits. Privately owned Housing starts sharply inclined in September 2011…
In the recent report of the Bureau of Labor Statistics, the U.S inflation for September 2011 inclined by 0.3% or in annual terms it rose by 3.9%. The CPI without food and energy also rose by only 0.1% during September…
The producer price index was published today. It showed a sharp increase in the PPI for finished goods in September compared to August – an increase of 0.8%. This report also serves as an indicator for the upcoming U.S core…
The GDP of China rose in the third quarter by 2.3% (Q-2-Q), which is nearly 9.1% in annual terms. This is a drop in the growth rate from the previous quarter as the GDP grew by 9.7% and 9.5% in…
Retails and foods services sales slightly inclined in September compared to August 2011, and were 7.9% above the sales at September 2010. The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail and food…