government data

Italian economy slides into recession

Fri, 14 Nov 2008 03:21:36 -0600

Government data show that the Italian economy is officially in recession. Europe's fourth-largest economy recorded negative growth for the second consecutive quarter in the third quarter.

German Economy Falls in Recession

Thu, 13 Nov 2008 01:48:12 -0600

New government data show that the German economy is officially in recession. Europe’s biggest economy recorded negative growth for a second consecutive quarter.

German economy falls in recession

Thu, 13 Nov 2008 01:13:26 -0600

New government data show that the German economy is officially in recession. Europe's biggest economy recorded negative growth for a second consecutive quarter in the third quarter.

Surprising gain in durable goods orders

admin — Wed, 29 Oct 2008 08:38:19 -0500

Government data show orders to U.S. factories for big-ticket manufactured goods posted an unexpectedly strong showing in September.

Rise in Jobless Claims Exceeds Forecast

Thu, 23 Oct 2008 08:52:29 -0500

The number of American workers filing new claims for jobless benefits rose by a larger than expected 15,000 last week, government data showed, reinforcing evidence of weakness in the labor market.

New home construction falls to 1991 levels

admin — Fri, 17 Oct 2008 08:38:13 -0500

Government data show construction of new homes plunged by a bigger-than-expected amount in September as builders slashed production to the slowest place since early 1991.

Large Drop in Retail Sales in September

Wed, 15 Oct 2008 08:50:22 -0500

Retail sales plunged by the largest amount in two years, government data shows, as consumers shunned the malls and auto showrooms in the midst of the country’s financial meltdown.

Retail sales see biggest decline in two years

admin — Wed, 15 Oct 2008 08:37:02 -0500

Government data show retail sales fell off a cliff in September, plunging by the largest amount in two years.

Consumer borrowing hits a 10-year low

admin — Tue, 07 Oct 2008 15:16:30 -0500

Government data show consumer borrowing in the U.S. fell in August for the first time in more than a decade as households, battered by rising job layoffs and the worsening economy, cut back sharply on their use of credit.

Economy Sheds 159,000 Jobs in 9th Straight Monthly Drop

Fri, 03 Oct 2008 13:08:37 -0500

Government data showed the worst month of retrenchment in five years, enhancing fears that the downturn has entered a more painful stage that could last well into next year.