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Composite Leading Indicators Signal Deepening Slowdown in OECD Area
added: 10-11-2008

OECD composite leading indicators (CLIs) for September 2008 indicate a continued weakening outlook for all the major seven economies, with cyclical slowdowns at levels not seen since the beginning of the decade. The latest data for major non-OECD member economies tentatively point to a downturn in China and a slowdown in Russia and India. The message from Brazil is mixed but the latest data show tentative signs of a possible downturn.
wiêcej

US Employment Situation in October 2008
added: 10-11-2008

Nonfarm payroll employment fell by 240,000 in October, and the unemployment rate rose from 6.1 to 6.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported.
wiêcej

Platts Survey: October OPEC Oil Output Dropped to 32.26 Mil. Barrels Per Day
added: 10-11-2008

The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.26 million barrels per day (b/d) of crude oil in October, according to a Platts survey of OPEC and oil industry officials just released. This is a 210,000 b/d decline from the September level of 32.47 million b/d.
wiêcej

Fannie and Freddie Will be Important in Economic Recovery
added: 10-11-2008

At the 2008 REALTORS(R) Conference & Expo, Federal Housing Finance Agency Director James B. Lockhart III assured Realtors(R) that government-sponsored enterprises Fannie Mae and Freddie Mac and the Federal Home Loan Banks will continue to play a critical role in the country's economic recovery.
wiêcej

US Jobs Worsen
added: 10-11-2008

There should now be no doubting the depth of the approaching US recession. Friday's employment data suggests that could be a little light on: in short it was the most horrific report in years.
wiêcej

US Economy: Obama's Large Budget Deficit
added: 10-11-2008

George W Bush's legacy for investors: a 40% drop in the US share market from 2000 to this week, as shown by the key indicator, the Standard & Poor's 500, and a 30% drop in the value of the US dollar in the same time.
wiêcej

Australia: Overall Employment Rose 34,300 in October 2008
added: 10-11-2008

The credit freeze has hurt Australia, some companies are laying off people, downgrading earnings and in retailing some are reporting falling sales.
wiêcej

US Car Crisis Approaches
added: 10-11-2008

The red warning light is flashing at an increasing pace for the US car industry as Ford, GM and Chrysler burn through the cash and get close to just the fumes left in the bank account.
wiêcej

Despite Opting for "Change", Voters Proved Cautious on Fiscal Issues
added: 10-11-2008

Spin-meisters are already arguing about what kind of "change" Americans voted for on Tuesday, but according to an analysis from the 362,000-member National Taxpayers Union (NTU), voters in ballot measure contests often chose prudent stability when it came to their pocketbooks.
wiêcej

Pending Home Sales Down on Tight Credit and Economic Slowdown
added: 10-11-2008

Pending home sales fell on the heels of a strong gain a month earlier as credit tightened and economic conditions deteriorated, according to the National Association of Realtors(R).
wiêcej

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