Economy And The Numbers

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federalReserveBankPhiladelphia-091814.jpg In an effort to more fully capture economic activity in its district, the Federal Reserve Bank of Philadelphia announced Thursday that it is launching a new survey to gauge regional activity in the non-manufacturing sector.

philadelphiafed-091814.jpg Firms responding to a survey by the Federal Reserve Bank of Philadelphia indicated continued growth in regional manufacturing activity in September, although the bank said the index of activity in the sector fell from its relatively high reading in August.

South Africa's central bank left its key interest rate unchanged on Thursday after raising it by a quarter-basis point in July, citing modest improvement in inflation and downside risks to the growth outlook. The Monetary Policy Committee of the South African Reserve Bank held the repurchase rate...

Firms responding to a survey by the Federal Reserve Bank of Philadelphia indicated continued growth in regional manufacturing activity in September, although the bank said the index of activity in the sector fell from its relatively high reading in August.

housingstarts-091814.jpg With new construction of multi-family homes showing a substantial pullback, the Commerce Department released a report on Thursday showing a much steeper than expected drop in U.S. housing starts in the month of August.

joblessclaims-091814.jpg First-time claims for U.S. unemployment benefits fell by much more than anticipated in the week ended September 13th, according to a report released by the Labor Department on Thursday, with claims pulling back near the fourteen-year low set in July.

With new construction of multi-family homes showing a substantial pullback, the Commerce Department released a report on Thursday showing a much steeper than expected drop in U.S. housing starts in the month of August.

ECB-Draghi-091814.jpg Banks took up less-than-expected amount of funds at the European Central Bank's first targeted longer term refinancing operation, damping hopes of the success of the measure that was aimed to boost liquidity to help revive lending to small businesses and households.

First-time claims for U.S. unemployment benefits fell by much more than anticipated in the week ended September 13th, according to a report released by the Labor Department on Thursday, with claims pulling back near the fourteen-year low set in July.

UK-Retail-Sales-091814.jpg U.K. retail sales increased in August as sale of high powered vacuum cleaners and furniture, offset the decline in food store demand. Including auto fuel, retail sales volume increased 0.4 percent in August from July, when it remained flat, the Office for National Statistics reported Thursday. The monthly growth rate matched expectations.

Ireland's economy grew for the second consecutive quarter in the three months to June, latest figures from the Central Statistics Office showed Thursday. Gross domestic product grew a seasonally adjusted 1.5 percent sequentially following 2.8 percent expansion in the first quarter, revised from 2.7...

U.K. industrial orders declined more than expected in September as export demand fell to a 21-month low, survey data from the Confederation of British Industry showed Thursday.

Malaysia's central bank decided to leave its key rate unchanged as the current policy stance remains supportive of growth. At the Monetary Policy Committee meeting, Bank Negara Malaysia maintained its Overnight Policy Rate at 3.25 percent. The central bank assessed that the Malaysian economy is...

Norway's central bank left the key interest rate unchanged for the fifteenth rate-setting session in a row, as inflation and output outlook remained broadly unchanged from the previous decision in June. The Executive Board decided to keep the key policy rate unchanged at 1.5 percent, the Norges Bank...

U.K. mortgage lending increased from a year ago in August, figures from the Council of Mortgage Lenders, or CML, showed Thursday. Gross mortgage lending grew 13 percent year-on-year to GBP 18.6 billion in August. Meanwhile, compared to the previous month, lending fell 5 percent. The latest figure...