Economy And The Numbers

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janetyellen-082214.jpg Federal Reserve Chair Janet Yellen on Friday warned that rate hikes could come sooner than expected if the U.S. economic recovery is sustained. "If progress in the labor market continues to be more rapid than anticipated or if inflation moves up more rapidly than anticipated, resulting in faster...

Mexico's unemployment rate climbed in July, after easing in June, figures from the statistical office INEGI showed Friday. The non-seasonally adjusted jobless rate rose to 5.47 percent from a three-month low of 4.80 percent in June. Economists had forecast a figure of 4.97 percent. The latest rate...

Norwegian households' disposable income increased and their savings remained at a high level in the second quarter, Statistics Norway reported Friday. Disposable income in the household sector increased 2 percent from the first quarter, largely due to the 1.8 percent increase in compensation of employees....

Ireland's factory gate prices declined at a faster rate in July, figures from the Central Statistics Office showed Friday. The output price index in the manufacturing industry fell 2.4 percent year-on-year in July, faster than June's 1.7 percent drop. In May, prices declined 3.1 percent. Output prices...

France's leading index, which measures the future economic activity, remained unchanged in June from the previous month, results of a survey by the Conference Board showed Friday. The leading index remained flat in June, after a revised 0.2 percent fall registered in the previous month. Out of the...

Iceland's wages grew at a slightly slower pace in July, Statistics Iceland reported Friday. Wages gained 0.4 percent month-on-month in July, following a 0.5 percent rise in June. Meanwhile, annual growth accelerated to 5.9 percent from 5.4 percent a month ago. Real wages were up 0.6 percent in...

Dutch household spending remained unchanged in June from a year ago, the Central Bureau of Statistics reported Friday. Spending on goods and services in May was also at the same level as seen a year ago. The statistical office said household consumption was stable for the second straight month after...

Hungary's employee wage growth slowed notably in June from a year ago, figures from the Hungarian Central Statistical Office showed Friday. Gross earnings rose 3.7 percent year-on-year in June, slower than May's 4.9 percent rise. In April, earnings went up 4.1 percent. Net earnings also increased...

Malaysia's leading index, which measures the future economic activity, dropped for the second straight month in June, data from the Department of Statistics showed Thursday. The leading index fell to 116.5 in June from 117.0 in the previous month. Among the components, real imports of other basic...

The U.K.'s house price sentiment index rose at the slowest pace in five months in August, results of a survey by Knight Frank and Markit Economics showed Friday. The house price sentiment index, an indicator of house price trends, fell to 61.8 in August from 62.4 in July. However, a reading above...

Taiwan's unemployment rate fell for the fourth straight month in July, data from the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Friday. The unemployment rate dropped to a seasonally adjusted 3.95 percent in July from 3.97 percent in June. Economists had forecast a 3.96...

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.