6/27/12 May Real Durable Goods Orders, adjusted for inflation and not seasonally manipulated were up 4.1% over May 2011. That compares with a 4% gain in April. In adjusting for inflation, this measure attempts to represents actual unit volume of orders. Also, the use of actual, versus seasonally manipulated (SA) data allows an accurate view…
Tag Archive for April
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Shortage of homes for sale creates fierce competition – latimes.com
by Newswires • • 0 Comments
The newest problem for the slowly improving housing market isn’t a shortage of serious buyers, it’s a shortage of good homes. Would-be buyers are packing open houses and scrambling to make offers on properties before they are even listed. Bidding wars are erupting. And real estate agents are vying fiercely to represent the few sellers…
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Housing Prices and Sales Volume Continue Surge in Early June – Dataquick
by Lee Adler • • 1 Comment
Dataquick is now reporting a 7.4% increase in closed sale values for the 30 days ended June 7 versus a year ago. This would represent mostly contracts entered in March. The data released today shows a clear breakout in prices with the median sale price for sales data collected in the 30 days ended June 7…
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Spanish Bond Auction Succeeds Under Intense Scrutiny – NYTimes.com
by Newswires • • 0 Comments
PARIS — Spain carried out a successful bond auction Thursday under intense scrutiny, even as expectations are growing that Madrid will soon ask other European nations to bail out its banking sector. The Spanish Treasury sold about 2.1 billion euros, or $2.6 billion, of bonds, slightly more than planned, after demand proved unexpectedly strong. The…
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Factory Orders Fell in April Says Census Bureau, But Did They Really?
by Newswires • • 0 Comments
New orders for manufactured goods in April, down three of the last four months, decreased $2.9 billion or 0.6 percent to $466.0 billion, the U.S. Census Bureau reported today. This followed a 2.1 percent March decrease. Excluding transportation, new orders decreased 1.1 percent. http://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf OK, let’s get all excited, before we remember that this is seasonally adjusted nonsense that makes…
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Factory orders post surprise fall in April | Reuters
by Newswires • • 0 Comments
(Reuters) – New orders for factory goods fell in April for the third time in four months as demand slipped for everything from cars and machinery to computers, the latest worrisome sign for the economic recovery. The Commerce Department said on Monday orders for manufactured goods dropped 0.6 percent during the month. The government also…
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Philly Fed Says 48 of 50 State Economies to Grow
by Newswires • • 0 Comments
The Federal Reserve Bank of Philadelphia today released the leading indexes for the 50 states for April 2012. The leading indexes are a six-month forecast of the state coincident indexes, which reflect current economic activity in each state. Forty-eight state coincident indexes are projected to grow over the next six months, while two are projected…
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Experts Question the Need for a Facebook Smartphone – PCWorld
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Experts Question the Need for a Facebook SmartphonePCWorldAt the end of March, Facebook had 901 million monthly active users, and 488 million of those used its mobile products. In April, the number of mobile users surpassed 500 million. However, Facebo…
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Sales of previously occupied homes up in April – USA TODAY
by Newswires • • 0 Comments
USA TODAYSales of previously occupied homes up in AprilUSA TODAYBy Martin Crutsinger, AP WASHINGTON – Americans bought more previously owned homes in April, a hopeful sign that the weak housing market is gradually improving. David Goldman, AP David G…
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UK Inflation Slowed More Than Economists Forecast in April – BusinessWeek
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BloombergUK Inflation Slowed More Than Economists Forecast in AprilBusinessWeekBy Jennifer Ryan on May 22, 2012 UK inflation slowed more than economists forecast in April, cooling to a level that relieves Bank of England Governor Mervyn King from the t…
