Retail spending rose 0.2% in November, marking a smaller increase than the upwardly revised 0.6% (previously 0.5%) and 1.3% (previously 1.1%) gains in October and September, respectively. Markets had expected a stronger 0.6% rise in November. Sales of motor vehicles and parts rose 0.5%, which was a somewhat smaller increase Read More US Retail Sales [...]
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Initial unemployment insurance claims rose 6,000 to 402,000 in the week ending November 26, 2011, from an upwardly revised 396,000 (initially reported as 393,000) the previous week. The level of claims was above market expectations for a 390,000 reading. The four-week moving average of initial claims, which normally provides a Read More US Initial Jobless [...]
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Producer prices rose 0.8% in September, much faster than market forecasts for a 0.2% increase. This resulted in the year-over-year rate rising to 6.9% from 6.5% in August. Excluding the food and energy components, prices were up 0.2% in September, which was slightly faster than market forecasts for a 0.1% Read More US Producer Prices [...]
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The overall increase in the August CPI came in at a stronger than expected 0.4%, which was double market forecasts. Excluding the volatile food and energy components, however, the so called core price index rose an as expected 0.2%. On a year-over-year basis, the rate of increase in the overall Read More US Inflation Rate [...]
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The ISM non-manufacturing index indicated that the service sector continued to expand in July, although the pace of growth eased as the index moved lower to 52.7 from 53.3 in June (a reading above 50 indicates the sector is generally expanding). The modest slowing in July comes in contrast to Read More US Service Sector [...]
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The Australian dollar strengthened for the third day against its US counterpart as the commodities rallied, increasing demand for growth-related currencies. The currency declined against the euro and was unchanged versus the Japanese yen.(…)Read the rest of Australian Dollar Rose on Stronger Commodities (103 words) Posted on Forex News. Read More Australian Dollar Rose on Stronger Commodities
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The November CPI report provides more evidence of the limited inflationary pressures in the U.S. economy. The overall index was up 0.1% in the month, just below expectations for a gain of 0.2%. Core prices met expectations and rose for the first time in four months, edging up 0.1%. On Read More US Headline and [...]
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In order to ensure that your prized roses remain in the best of health, here is some simple, but stalwart advice you can easily put into practice: 1. Black Spots on Leaves This rose disease is unsurprisingly known as “black spot”. You’ll know when it strikes because circular black spots with lacey edges appear on [...]
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Flowers have been given a special significance for centuries. They have long been treasured for their scent and their beauty. Perhaps nobody has esteemed flowers, however, as highly as the people of the Victorian age. For them, flowers were so important they even used them to convey secret messages. Today, we still use flowers to [...]
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Industrial production (IP) in the US rose 0.2% in August, meeting market expectations. July’s data were revised down to show a 0.6% increase from the previously reported 1.0% gain reflecting “newly available data on four industries within manufacturing”, while June was revised up to show a 0.1% increase from a Read More US Industrial Production [...]
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