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Economy And The Numbers

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FactoryOrders-120616.jpg New orders for U.S. manufactured goods saw a significant increase in the month of October, the Commerce Department revealed in a report on Tuesday. The Commerce Department said factory orders surged up by 2.7 percent in October after climbing by 0.6 percent in September. The jump in factory orders matched economist estimates.

Slide0-DEC-120216.jpg Heading into a quiet week that precedes the final FOMC meeting of the year, the economic momentum remains strong. Data releases from the just concluded week makes it tough for the central bank to pass up an interest rate hike. However, will the Fed risk a backlash in a transition period on the political...

Labor productivity in the U.S. increased by 3.1 percent in the third quarter, according to a report released by the Labor Department on Tuesday. The rate of growth was unrevised from the initial estimate.

Tradebalance-120616.jpg The U.S. trade deficit widened roughly in line with estimates in the month of October, according to a report released by the Commerce Department on Tuesday.

Moody's Investors Service said Denmark's diversified and open economy with evenly distributed wealth levels, underpin its 'AAA' rating with stable outlook. The agency said the very low public debt level and robust public finances are another important strength as is the Danish authorities' forward-looking...

Slovakia's economic growth eased in the three months ended September as initially estimated, latest figures from the Statistical Office of the Slovak Republic showed Tuesday. Gross domestic product rose an unadjusted 3.0 percent year-over-year in the third quarter, confirming the flash data, but slower...

Austria's wholesale prices continued to decline in November, though slightly, preliminary figures from Statistics Austria showed Tuesday. Wholesale prices dropped 0.2 percent year-over-year in November, following a 0.1 percent mere fall in October. The measure has been falling since June 2013. The...

Czech retail sales grew at the weakest pace in three months in October, preliminary figures from the Czech Statistical Office showed Tuesday. Retail sale, excluding automobile trade rose an unadjusted 2.0 percent year-over-year in October, much slower than the 5.0 percent climb in September. The...

Germany's construction sector grew at the fastest pace in eight months in November as residential and commercial building activity expanded further, survey data from IHS Markit showed Tuesday. The construction Purchasing Managers' Index rose to 53.9 in November from 52.9 in the prior month. The score...

Bulgaria's economic growth moderated in the three months ended September, after accelerating in the previous quarter, preliminary figures from the National Statistical Institute showed Tuesday. Gross domestic product rose a seasonally adjusted 3.4 percent year-over-year in the third quarter, slower...

germanfactoryordrs-120616.jpg Germany's factory orders grew at the fastest pace in more than two years in October, suggesting robust economic activity at the end of this year. Factory orders grew 4.9 percent month-on-month in October, reversing a revised 0.3 percent drop in September, figures from Destatis showed Tuesday.

Eurozone economic growth stabilized as initially estimated in the third quarter, data from Eurostat showed Tuesday. Gross domestic product expanded 0.3 percent sequentially in the third quarter, the same pace of growth as seen in the second quarter. On a yearly basis, GDP growth held steady at...

Hungary's industrial production declined for the second straight month in October, preliminary figures from the Hungarian Central Statistical Office showed Tuesday. Industrial production fell a working-day-adjusted 2.1 percent year-over-year in October, but slower than the 3.7 percent decrease in...

Switzerland's consumer prices continued its downward trend in November, the Federal Statistical Office showed Tuesday. Consumer prices declined 0.3 percent year-on-year in November, following a 0.2 percent fall a month ago. Prices were forecast to fall 0.2 percent. This was the biggest fall since...

Hungary's economic growth eased less than initially estimated in the three months ended September, latest figures from the Hungarian Central Statistical Office showed Tuesday. Gross domestic product advanced an unadjusted 2.2 percent year-over-year in the third quarter instead of a 2.0 percent rise...

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