economy
« Previous EntriesMarch 2008 ISM Report for Non-Manufacturing Business
Friday, April 4th, 2008NMI contracted - Business Activity increased - New Orders Index increased - Employment Index contracted - Price Index increased
March 2008 ISM Report for Manufacturing Business
Thursday, April 3rd, 2008Manufacturing failed to grow in March - weakest quarterly performance of US economy since Q2 2003 - Order backlogs continue to erode - New Orders failed to grow - heavy cost pressures
Primary dealers borrow $37 billion from Fed
Friday, March 28th, 2008Investment banks and broker dealers borrowed more than $30 billion a day from the Federal Reserve’s discount window this past week, but showed only tepid interest in a separate 28-day lending facility from the Fed that got under way on Thursday.
The 20 primary dealers borrowed $37 billion from the discount window on Wednesday, $8.2 billion […]
February 2008 ISM Report for Non-Manufacturing Business
Wednesday, March 5th, 2008Business activity is increasing - New Orders and Employment are contracting for the second consecutive month
February 2008 ISM Report for Manufacturing Business
Monday, March 3rd, 2008Manufacturing sector failed to grow in February - Production is growing - New Orders, Employment and Inventories are contracting - Supplier Deliveries are slowing.
January 2008 ISM Report for Non-Manufacturing Business
Tuesday, February 5th, 2008Business activity is contracting significantly - New Orders are contracting significatnly, lowest since October 2001 - Employment is decreasing for the first time in five months
January 2008 ISM Report for Manufacturing Business
Monday, February 4th, 2008Manufacturing sector gained momentum - Production is growing - New Orders, Employment and Inventories are contracting - Supplier Deliveries are slowing.
U.S. GDP slows to 0.6% growth in fourth quarter
Wednesday, January 30th, 2008The U.S. economy slowed sharply in the fourth quarter, growing at a 0.6% annual rate, the weakest growth since the economy was pulling out of recession in 2002, the Commerce Department reported Wednesday.
UBS Wealth Management Research: Studie «UBS global outlook» 2008
Wednesday, December 12th, 2007Bei volatilen Finanzmärkten und schwächerem Wirtschaftswachstum dürften sich Aktien 2008 überdurchschnittlich gut entwickeln
Im Zuge nachlassender Konjunktursorgen dürften sich die Aktienmärkte im Jahr 2008 überdurchschnittlich gut entwickeln. Das grösste Potenzial haben dabei Large-Cap-Titel aus den Industrieländern.
Der Anstieg der Inflationserwartungen und die Verschlechterung der fundamentalen Lage an den Kreditmärkten werden es den Anleihenmärkten im Jahr 2008 vermutlich […]
UBS Wealth Management Research: Studie «UBS global outlook» 2008
Wednesday, December 12th, 2007Im Zuge nachlassender Konjunktursorgen dürften sich die Aktienmärkte im Jahr 2008 überdurchschnittlich gut entwickeln. Das grösste Potenzial haben dabei Large-Cap-Titel aus den Industrieländern.
Der Anstieg der Inflationserwartungen und die Verschlechterung der fundamentalen Lage an den Kreditmärkten werden es den Anleihenmärkten im Jahr 2008 vermutlich schwer machen, die Geldmärkte zu übertreffen.
Das langsamere Wachstum wird börsennotierte Immobilienwerte in […]
November 2007 ISM Report for Manufacturing Business
Wednesday, December 5th, 2007Economic activity expanded for the 10th consecutive month, while overall economy grew for the 73rd consecutive month. The top performing industries of November: Apparel, Leather & Allied Products; Food, Beverage & Tobacco Products; Paper Products; Chemical Products; Machinery; Electrical Equipment, Appliances & Components; and Computer & Electronic Products.
U.S. Oct CPI up 0.3%, core rate up 0.2%, as expected
Thursday, November 15th, 2007WASHINGTON (MarketWatch) - The consumer price index increased 0.3% in October, driven by a 1.4% gain in energy prices, the Labor Department said Thursday. This was the fastest increase in energy prices since May. Food prices rose 0.3%. The core CPI, which excludes food and energy costs, was up 0.2% in October. Economists were expecting […]
October 2007 ISM Report for Non-Manufacturing Business
Monday, November 5th, 2007Business activity increased at a faster rate in October than in September.
Business Activity Index registered 55.8 percent compared to 54.8 percent in September. New Orders Index increased at a faster rate, Employment Index and Price Index decreased.
October 2007 ISM Report for Manufacturing Business
Monday, November 5th, 2007Economic activity expanded in October, while overall economy grew for the 72nd consecutive month.
Manufacturing growth slowed in October to its lowest level since March 07. New Orders Index continued to grow, Production Index fell below 50 for the first time since January 07 and Employment Index grew slightly.
Federal Open Market Committee Statement
Thursday, November 1st, 2007The Federal Open Market Committee decided yesterday to lower its target for the federal funds rate 25 basis points to 4-1/2 percent.
The Federal Open Market Committee decided yesterday to lower its target for the federal funds rate 25 basis points to 4-1/2 percent. <!–more–>
Economic growth was solid in the third quarter, and strains in financial […]
Wall Street ends with monthly gains, Nasdaq up the most
Thursday, November 1st, 2007U.S. stocks resumed their rally Wednesday after the Federal Reserve’s interest-rate decision, offering Wall Street just what it had been clamoring for, a quarter-point cut to 4.5%. The Dow Jones Industrial Average gained 137.1 points to 13,929.6, giving it a monthly gain of 0.2%. The S&P 500 added 18.31 points to 1,549.33, ahead 1.5% for […]
Fed cuts by quarter-point, says that may be enough
Thursday, November 1st, 2007Statement suggests policy-makers don’t want to give out more medicine
The Federal Reserve gave the economy its second anti-recession shot in six weeks on Wednesday, cutting short-term interest rates by a quarter-point, but signaled that it wants to hold off doling out any more medicine.
The reduction in the federal funds rate to 4.50% is meant to […]
U.S. Sept. ISM services index at lowest level since March
Thursday, October 4th, 2007Nonmanufacturing sectors of the U.S. economy expanded in September at the slowest pace since March, the Institute for Supply Management reported Wednesday. The ISM nonmanufacturing index fell to 54.8% in September from 55.8% in August. The drop was lower than expected. Economists were looking the index to decline to 55.3%. The headline index is not […]
Report of hedge fund outflows was wrong, firms say
Thursday, October 4th, 2007A report on big outflows and redemptions from hedge funds in July was wrong, according to TrimTabs Investment Research and the Barclay Group, the two firms that compiled the estimate.
Rather than a net $32 billion leaving hedge funds that month, $39.1 billion flowed into the business in July, the firms said on Wednesday. In August, […]
September 2007 ISM Report for Non-Manufacturing Business
Thursday, October 4th, 2007 Business activity increased for the 54th consecutive month in September 2007.
Business Activity Index decreased on percentage point to 54.8 percent. New Orders increased at a slower rate, Employment increased. Members´ comments remain mixed about business conditions.
September 2007 ISM Report for Manufacturing Business
Wednesday, October 3rd, 2007Manufacturing expanded in September for the eighth consecutive month while overall economy continues to grow. The trend is toward slower growth as the rate of growth in the New Orders Index and Production Index slowed. Inventories Index fell to 41.6 percent indicating significant inventory liquidation whereas Employment Index increased slightly.
FOMC cuts fed funds and discount rates by half point each
Tuesday, September 18th, 2007The Federal Open Market Committee cut its benchmark federal funds rate by a half percentage point to 4.75%.
2007 YTD Weekly Market Statistics - Nasdaq Composite
Tuesday, September 11th, 2007Nasdaq Composite Weekly Market Statistics 2007 - Update
2007 YTD Weekly Market Statistics - Dow Jones Industrial
Tuesday, September 11th, 2007Dow Jones Industrial Weekly Market Statistics 2007 - Update
August 2007 ISM Report for Manufacturing Business
Friday, September 7th, 2007Manufacturing expanded in August for the seventh consecutive month. While overall economy continues to grow at a significant rate. The new Orders Index and the Production Index are encouraging for continuing growth in the fourth quarter.
August 2007 ISM Report for Non-Manufacturing Business
Friday, September 7th, 2007Business activity increased for the 53rd consecutive month in August 2007. Business Activity Index registered 55.8 percent, the same as in July. New Orders increased at a faster rate, Employment contracted.
Home inventories rise to 16-year high
Thursday, September 6th, 2007Inventories of unsold single-family homes increased by 2.2% to 3.85 million in July, sending the inventory in relation to sales to the highest level in 16 years, the National Association of Realtors reported Monday.
FOMC Minutes
Wednesday, August 29th, 2007Minutes of FOMC Meeting held on 08/07 released at 08/28
Hypothekenkrise erreicht Geldmarkt
Thursday, August 9th, 2007Die Europäische Zentralbank (EZB) hat einen Schnelltender zur Verfügung gestellt, um am Geldmarkt ausreichende Liquidität sicherzustellen. Zuvor hatte sie erklärt, es gebe Verwerfungen. Die Märkte sind alarmiert.
Joseph Stiglitz: Amerikas Tag der Abrechnung
Wednesday, August 8th, 2007Diese Geldpolitik funktionierte, aber auf grundsätzlich andere Art als gewöhnlich.
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