U.S. Michigan Sentiment Index Decreased to 70.6 This Month

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onfidence among U.S. consumers fell in October, indicating job losses may keep household spending muted even as the economy resumes growth. The Reuters/University of Michigan final index of consumer sentiment decreased to 70.6 from 73.5 in September, which was the highest in more than a year. The...

Chicago PMI jumps above 50% threshold in Oct.

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Manufacturing activity improved markedly in the Chicago region in October. The Chicago purchasing managers index rose to 54.2% from 46.1% in September, according to a survey of corporate purchasing managers released Friday. Readings over 50% indicate overall business expansion. Both new orders and...

Japan Sept housing starts fall 37 pct yr/yr - govt

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Housing starts in Japan fell 37.0 percent in September from a year earlier, government data showed on Friday, almost in line with a median market forecast for a 37.1 percent slide. It was the 10th straight month of declines in housing starts as consumers grew cautious about spending due to deteri...

Japan’s jobless rate declines

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Japan's unemployment rate fell to 5.3 percent in September, the government reported on Friday. ...

UK Consumer confidence now soaring as recession abates

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Signs of economic resurgence around the world have lifted UK consumer confidence to its highest level since we went into recession. A European Commission index of optimism produced by GfK NOP leaped to its highest level since January 2008. The 1,999 individuals polled judge this the best time to m...

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UK Consumer Confidence Advances In October

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Consumer confidence in the United Kingdom rose in October, according to survey results released Friday by the polling firm GfK NOP. The organization's consumer confidence index rose three points to minus-13. The survey's sub-index of confidence in consumer's own finances for the coming year ri...

Japan deflation pressure builds, jobless falls

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Japanese core consumer prices fell 2.3 percent in the year to September, with increasing signs that weak demand is weighing on prices. The Bank of Japan, which meets on Friday, is seeking to wind down its support for corporate finance, but persistent deflation will reinforce expectations it is fa...

Japan core CPI falls 2.3 pct yr/yr in Sept

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Japanese core consumer prices fell 2.3 percent in September from a year earlier as the economy is mired in deflation due to weak final demand on top of slide in oil prices. While the retreat from last year's spike in energy costs has continued to weigh on price comparisons, an index stripping ...

Government report is expected to mark end to recession

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Struggling business owners and millions of unemployed Americans may not believe it, but the government is expected to report today that the U.S. economy turned a corner and resumed growth in the third quarter in what would mark the end to the worst recession since World War II. Forecasters say t...
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