Economy And The Numbers

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LeadingIndicatorIndex-082114.jpg Suggesting that the economy is gaining traction, the Conference Board released a report on Thursday showing a bigger than expected increase by its index of leading U.S. economic indicators in July.

PhiladelphiaFed-082114.jpg Results of a survey released by the Federal Reserve Bank of Philadelphia on Thursday showed that regional manufacturing activity unexpectedly grew at an accelerated rate in the month of August, with the index of activity in the sector reaching a three-year high.

ExistingHomeSales-082114.jpg Existing home sales in U.S. unexpectedly rose to a ten-month high in the month of July, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales climbed to a seasonally adjusted annual rate of 5.15 million in July from a downwardly revised 5.03 million in June.

Suggesting that the economy is gaining traction, the Conference Board released a report on Thursday showing a bigger than expected increase by its index of leading U.S. economic indicators in July.

Results of a survey released by the Federal Reserve Bank of Philadelphia on Thursday showed that regional manufacturing activity unexpectedly grew at an accelerated rate in the month of August, with the index of activity in the sector reaching a three-year high.

Existing home sales in U.S. unexpectedly rose to their highest annual pace of the year in the month of July, according to a report released by the National Association of Realtors on Thursday.

The deterioration in Eurozone consumer confidence in August was worse-than-expected, preliminary estimate from the European Commission showed Thursday. The consumer confidence index dropped to -10 from -8.4 in July. Economists had forecast a score of -9.1. The index declined for the third month...

Mexico's economy grew at a faster-than-expected pace in the second quarter, figures from the statistical office INEGI showed Thursday. Gross domestic product rose 1.04 percent from the first quarter, when the economy expanded an upwardly revised 0.4 percent. Economists had forecast 0.8 percent quarterly...

joblessclaims-082114.jpg Initial jobless claims in the U.S. fell by slightly more than expected in the week ended August 16th, according to a report released by the Labor Department on Thursday. The Labor Department said jobless claims dropped to 298,000, a decrease of 14,000 from the previous week's revised level of 312,000.

Belgium's consumer confidence in August deteriorated for the third successive month to its weakest level in 12 months, survey results from the National Bank of Belgium showed Thursday. The consumer confidence index fell to -11 from July's -10. It was the lowest score since August last year, when...

UkRetailSales-082114.jpg U.K. retail sales growth eased in July as auto fuel turnover declined markedly from June, official data showed Thursday. The public sector finance figures were also weaker than expected in July despite economic rebound. Including auto fuel, retail sales volume grew 0.1 percent in July from a month ago, slower than the revised 0.2 percent increase in June, the Office for National Statistics said.

Initial jobless claims in the U.S. fell by slightly more than expected in the week ended August 16th, according to a report released by the Labor Department on Thursday.

EurozonePMI-082114.jpg The Eurozone private sector growth eased more-than-expected in August as weak manufacturing performance hurt Germany's expansion, while the French private sector activity stagnated. The Eurozone composite output index fell to 52.8 in August from 53.8 in July, flash data from Markit Economics showed Thursday. The indicator was expected to fall marginally to 53.4.

Norway's economy expanded at a notably faster rate in the second quarter, exceeding expectations, figures from Statistics Norway showed Thursday. Mainland Norway gross domestic product grew 1.2 percent from the first quarter, when the economy grew 0.5 percent. The pace of growth exceeded more than...

Slovenia's output prices decline slowed for the third straight month in July, figures from the Statistical Office of the Republic of Slovenia showed Thursday. Output prices fell 0.6 percent year-on-year in July, slower than June's 0.9 percent decline. In May, prices dropped 1.1 percent. Prices have...