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…
Tag: Euros to US dollar
U.S CPI Inclined by 0.3% in September – October Report
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…
U.S. Federal Deficit Inclined by $64 Billion in September
The Federal Budget deficit increased last month by a slower pace than in previous months: according to the recent publication of the Monthly Treasury Statement, the U.S government deficit increased in September 2011 by $64.5 billion; this is a decrease…
U.S. Goods Orders Slipped | Capital Goods Rose – September 2011
Today, the U.S. Census Bureau published its monthly report on U.S. durable goods manufactures’ shipments, inventories and orders for August 2011 – the report showed a slight decrease in orders of durable goods but an increase in capital goods compared…
U.S. New Home Sales Dropped Again in August 2011
Yesterday, the U.S. Census Bureau reported on US new homes sales for August 2011 and it showed another drop in number of homes sold compared with July’s numbers. According to the report, in August 2011 the annual rate of number…
S&P downgraded Italy’s credit rating from +A to A
Following the dramatic downgrade of US’s credit rating at the beginning of August, now Italy’s turn came up: Standard and Poor’s, one of the most important rating agency worldwide, announced yesterday, September 19th, that it downgraded Italy’s credit rating from…
Philly Fed still weak but better than in August – September
According to the recent release of the Philly Fed Manufacturing Index the index still showed weakness in manufacturing conditions, but slightly improved compared with the previous month’s report; the September index inclined from -30.7 in August to -17.5 in September.…
Euro Area annual inflation remained unchanged at 2.5%
The Euro Area CPI remained unchanged at an annual rate of 2.5% during August 2011. Among the Euro Area countries with the highest inflation rates were Estonia (5.6%), Latvia (4.6%), and UK (4.5%). The lowest inflation rates were recorded in…
US CPI rose by 0.4% in August | silver is trade down– September 15
In the recent report of the Bureau of Labor Statistics, the US inflation for August 2011 inclined by 0.4% or in annual terms it rose by 3.8%. The CPI without food and energy also rose by 0.2% during August and…
US Federal deficit grew by $134 billion in August
The House of Representatives’ decision made at the beginning of August to raise the US debt ceiling, coincides with the growth in US Federal deficit: according to the recent publication of the Monthly Treasury Statement, the US government deficit grew…