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.…
According to the U.S. pending homes sales report, which was published yesterday, the real estate market has changed direction as pending home sales rose during January 2012; furthermore the January 2012 U.S. pending home sales index was well above the…
Today, the second survey of 2012 for the Philly Fed Manufacturing Index regarding February came out: this survey suggests the U.S. manufacturing conditions continued to expand and at a slightly faster pace in February; the Philly Fed index increased from…
The Euro Area GDP contracted by a rate of 0.3% during the fourth quarter of 2011; this drop in GDP is mainly due to the contraction of Germany’s economy during the quarter by 0.2%. This contraction is the first time…
Today, the U.S. Census Bureau updated on the number of new homes sales in the U.S during December 2011: new homes sales slightly fell again compared with November. According to the recent report, during December 2011 the annual rate of…
Today, the U.S. Census Bureau published its monthly report on U.S. durable goods manufactures’ shipments, inventories and orders for December 2011 – according to this report, orders of durable goods and capital goods increased during last month compared with November’s…
According to the recent U.S. pending homes sales report the market changed direction as pending home sales fell during December 2011; on the other hand the December 2011 U.S. pending home sales index was well above the December 2010 index.…
Today, the first survey of 2012 for the Philly Fed Manufacturing Index regarding January was published: this survey suggests the U.S. manufacturing conditions continued to expand and at a slightly faster pace in January; the January Philly Fed index increased from…
According to the recent report of the Bureau of Labor Statistics, the U.S inflation for December 2011 remained unchanged and in annual terms the US inflation increased by 3.0%. The consumer price index without food and energy slightly rose by…
According to the recent Eurostat report the Euro Area inflation rate slightly slipped by 0.2 percent points to reach an annual inflation rate of 3% in December 2011. This decline comes despite the recent cuts in the ECB’s interest rates.…