Tag: Euros to US dollar

Euro Area GDP Remained Flat in Q1 2012

The Euro Area GDP didn’t change, i.e. the growth rate remained flat during the first quarter of 2012; this stagnation in GDP is mainly due to the growth in of Germany’s economy during the quarter by 0.5% that compensated for…

U.S. Pending Home Sales Rose in March 2012

According to the latest U.S. pending homes sales report, which was published today by the National Association of Realtors, the real estate market has changed direction again as pending home sales rose during March 2012; furthermore the March 2012 U.S.…

Philly Fed Index Grows Slightly Slower in April

Today, the fourth survey of 2012 for the Philly Fed Manufacturing Index for April was released: this survey estimates the U.S. manufacturing conditions continue to grow but at a slightly slower pace in April than in March; the Philly Fed…

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. Non- Manufacturing Index Slightly Increased to 57.3%

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…