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Economy And The Numbers

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William C. Dudley, New York Federal Reserve President today urged caution on raising interest rates, citing uncertainty about the sustainability of the U.S. economic recovery. "I do think that the real potential GDP growth rate will be lower over the medium term, held down by much slower growth of...

CONSUMER-RETAIL_27Feb15.jpg Consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of February, the University of Michigan revealed in a report on Friday. The report said the final reading on the consumer sentiment index for February came in at 95.4 compared to the preliminary reading of 93.6.

pendinghme-022715.jpg Pending home sales in the U.S. rebounded in the month of January, according to a report released by the National Association of Realtors on Friday, with the increase reflecting improved buyer demand. NAR said its pending home sales index climbed 1.7 percent in January.

chicago-022715.jpg Business activity in the Chicago area unexpectedly contracted in the month of February, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer tumbled to 45.8 in February from 59.4 in January, with a reading below 50 indicating a contraction in regional business activity.

GDP-022715.jpg Economic growth slowed by even more than previously estimated in the final three months of 2014, according to a revised report released by the Commerce Department on Friday. The report said U.S. gross domestic product increased by a downwardly revised 2.2 percent in the fourth quarter.

Latvia's economy grew at a faster pace than estimated earlier during the fourth quarter of 2014, latest data from the Central Statistical Bureau showed Friday. Gross domestic product increased an unadjusted 2.1 percent year-on-year, which was faster than the 1.9 percent reported earlier. Seasonally...

Economic growth slowed by even more than previously estimated in the final three months of 2014, according to a revised report released by the Commerce Department on Friday.

Croatia's economy grew for the first time in more than three years in the final three months of 2014, preliminary figures from the Croatian Bureau of Statistics revealed Friday. Gross domestic product rose a non-seasonally adjusted 0.3 percent year-on-year following 0.5 percent fall in the third...

Germany's consumer prices in February rose unexpectedly from a year ago, after declining for the first time in more than five years in the previous month, preliminary data from Destatis revealed Friday. The consumer price index rose 0.1 percent year-on-year following 0.4 percent fall in January....

Portugal's economy expanded as initially estimated in the fourth quarter, final data from Statistics Portugal showed Friday. Gross domestic product expanded 0.5 percent sequentially, faster than the third quarter's 0.3 percent growth. On a yearly basis, GDP advanced 0.7 percent in the fourth quarter...

Portugal unemployment rate eased in January after rising in the previous month, figures from Statistics Portugal showed Friday. The seasonally adjusted jobless rate fell to 13.3 percent from 13.6 percent in December. In October and November, the rate was 13.5 percent. The number of unemployed...

Greece's economic growth in the fourth quarter was less than estimated earlier, latest figures from the Hellenic Statistical Authority showed Friday. Gross domestic product increased a non-seasonally adjusted 1.2 percent year-on-year following 2 percent growth in the third quarter. Fourth quarter...

U.K. house prices grew at the slowest pace in nine months in January, the Land Registry reported Friday. House prices grew 6.7 percent year-on-year in January, the same rate of growth as seen in December. The 6.7 percent increase was the weakest growth since last April, when prices gained 6.4 percent. Meanwhile,...

Lithuania's economy grew in the fourth quarter at a slightly faster pace than estimated earlier, latest figures from the statistical office showed Friday. Gross domestic product grew a seasonally-and-working-day adjusted 2.5 percent annually in the fourth quarter, which was slightly faster than the...

Ireland's retail sales volume increased for the third straight month in January at a faster pace, figures from the Central Statistical Office showed Friday. The volume of retail sales climbed a seasonally adjusted 3.3 percent month-on-month in January, much faster than December's 0.7 percent increase,...

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