Author: Samuel robinson

Reports & Statistics According to the Conference Board’s index, consumer confidence fell in June. The reading of 46.6 percent was lower than the 49 expected by economists who participated in a Reuters’ survey.1...

Reports & Statistics In the UK, GDP dropped 0.8 percent in the second quarter – twice as fast as expected and the largest drop on record.1 In the US, existing home sales posted a third month of gains. According to the...

Fewer economic reports color a week that has been a mixed bag already. Earnings are still coming in and some of them are delivering surprising strength. Unfortunately, there are still more than a few possible disappointments...

Reports & Statistics Retail sales rose 0.6 percent in June according to the latest Commerce Department report. Economists participating in the Briefing.com survey had expected a 0.4 percent increase.1 The Producer Price...

This week brings another round of earnings paired with the critical producer price and consumer price indices. The results of this kind of economic data may prove to be the proverbial straws following the latest period of...

  Reports & Statistics The US trade deficit was narrower than economists had anticipated at a monthly deficit of $26 billion for May. The forecast was for $28.8 billion. Imports fell to their lowest level since July of...

July 8th, 2009 – House of Cards Last week’s holiday-shortened trading week came to an abrupt and negative close with yet another dismal economic reading – employment numbers. Punctuating what may be the deepest...

A holiday-shortened trading week will still offer plenty of economic reports that may continue to stoke the fears that recovery may be a distant mirage. Among the offerings, consumer confidence may have served as a barometer of...

Reports & Statistics Durable goods orders came in better than anticipated with a 1.8 percent increase in May. Forecasts had pointed to a 0.4 percent decline based on a weaker automobile sector. Orders are still 26.8 percent...

June 24th, 2009 – Elephant in the Room This week brings a fresh round of key economic reports – including indicators from the housing sector. Beleaguered though it has been, it seems as though more than a few...