ÿþ<?xml version="1.0" encoding="UTF-16" ?><rss version="2.0"><channel><title>RTT - Economic News</title><link>http://www.rttnews.com</link><description>Global financial news, market analysis, economics and forex news</description><language>en-us</language><lastBuildDate>Fri, 04 Feb 2012 04:00:03 GMT</lastBuildDate><item><title>U.S. Factory Orders Rise 1.1% In December, Less Than Expected </title><description>While figures released by the Commerce Department on Friday showed a notable increase in new orders for manufactured goods in the month of December, the pace of growth fell short of economist estimates.&#x0D;
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The report showed that factory orders rose by 1.1 percent in December following an upwardly revised 2.2 percent increase in November. Economists had expected orders to increase by 1.5 percent compared to the 1.8 percent growth that had been reported for the previous month.</description><link>http://www.rttnews.com/1812590/U-S-Factory-Orders-Rise-1-1-In-December-Less-Than-Expected.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 15:59:24 GMT</pubDate></item><item><title>U.S. Service Index Jumps To Eleven-Month High In January </title><description>Activity in the U.S. service sector expanded at a faster than expected rate in the month of January, according to a report released by the Institute for Supply Management on Friday, with the index of activity in the sector rising to an eleven-month high.&#x0D;
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The ISM said its non-manufacturing index rose to 56.8 in January from a revised 53.0 in December, with a reading above 50 indicating growth in the service sector. Economists had expected the index to edge up to 53.3.</description><link>http://www.rttnews.com/1812586/U-S-Service-Index-Jumps-To-Eleven-Month-High-In-January.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 15:48:49 GMT</pubDate></item><item><title>U.S. Unemployment Rate Unexpectedly Drops To 8.3% In January </title><description>The U.S. economy added far more jobs than were expected in the month of January, according to new government statistics released Friday, with the job growth unexpectedly pushing the unemployment rate down to its lowest level in almost 3 years.&#x0D;
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The Labor Department report showed that the non-farm payroll employment jumped by 243,000 jobs in January following a revised increase of 203,000 jobs in December. Economists had expected employment to increase by about 140,000 jobs.</description><link>http://www.rttnews.com/1812574/U-S-Unemployment-Rate-Unexpectedly-Drops-To-8-3-In-January.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 15:36:16 GMT</pubDate></item><item><title>U.S. Factory Orders Rise Less Than Expected In December </title><description>While figures released by the Commerce Department on Friday showed a notable increase in new orders for manufactured goods in the month of December, the pace of growth fell short of economist estimates.</description><link>http://www.rttnews.com/1812558/U-S-Factory-Orders-Rise-Less-Than-Expected-In-December.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 15:17:32 GMT</pubDate></item><item><title>ISM U.S. Service Index Rises More Than Expected In January </title><description>Activity in the U.S. service sector expanded at a faster than expected rate in the month of January, according to a report released by the Institute for Supply Management on Friday, with the index of activity in the sector rising to an eleven-month high.</description><link>http://www.rttnews.com/1812554/ISM-U-S-Service-Index-Rises-More-Than-Expected-In-January.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 15:11:04 GMT</pubDate></item><item><title>Payrolls Rise By 243,000 In January </title><description>Payrolls expanded by much more than economists had predicted in January, while the unemployment rate declined.</description><link>http://www.rttnews.com/1812470/Payrolls-Rise-By-243000-In-January.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 13:35:45 GMT</pubDate></item><item><title>Eurozone December Retail Sales Drop Unexpectedly </title><description>Eurozone retail sales declined unexpectedly in December as consumers were reluctant to spend even during the Christmas season, official data revealed Friday.</description><link>http://www.rttnews.com/1812318/Eurozone-December-Retail-Sales-Drop-Unexpectedly.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 11:14:52 GMT</pubDate></item><item><title>U.K. Service Sector Expands Most Since March 2011 </title><description>The U.K. service sector expanded at the strongest pace in ten months in January, reviving hopes that the economy could avoid a recession and rebound in the first quarter of this year.</description><link>http://www.rttnews.com/1812288/U-K-Service-Sector-Expands-Most-Since-March-2011.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 10:40:05 GMT</pubDate></item><item><title>European Economics Preview: Eurozone Retail Sales Data Due </title><description>Retail sales and Purchasing Managers' survey results from Eurozone are the major reports due on Friday, suggesting a light day for the European economic news.</description><link>http://www.rttnews.com/1812112/European-Economics-Preview-Eurozone-Retail-Sales-Data-Due.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 06:07:03 GMT</pubDate></item><item><title>European Jan. Online Recruitment Activity Decelerates </title><description>The employment index for Europe declined in January from a month ago, while it revealed a slower year-on-year growth, in contrast to the double digit annual expansion seen throughout 2011, Monster Worldwide said Friday.</description><link>http://www.rttnews.com/1812105/European-Jan-Online-Recruitment-Activity-Decelerates.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 05:24:49 GMT</pubDate></item><item><title>China Non-Manufacturing Growth Slows In January </title><description>Growth in China's non-manufacturing sector eased notably in January due to significant decline in construction activities during the New Year holidays, the latest survey by the China Federation of Logistics and Purchasing (CFLP) revealed Friday.</description><link>http://www.rttnews.com/1812089/China-Non-Manufacturing-Growth-Slows-In-January.aspx?type=alleco</link><pubDate>Fri, 03 Feb 2012 03:46:26 GMT</pubDate></item><item><title>Australia Services PMI Due On Friday </title><description>Australia is on Friday scheduled to release January results for its AiG Services PMI, highlighting a very light day for Asia-Pacific economic activity. The PMI saw a score of 49.0 in December.</description><link>http://www.rttnews.com/1810879/Australia-Services-PMI-Due-On-Friday.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 22:30:25 GMT</pubDate></item><item><title>U.S. Productivity Growth Slows To 0.7% In Q4 </title><description>U.S. labor productivity increased by slightly less than expected in the fourth quarter of 2011, with a notable increase in hours worked partly offsetting a jump in output.&#x0D;
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According to statistics released Thursday by the Labor Department, fourth quarter worker productivity increased by 0.7 percent in the fourth quarter compared to a revised 1.9 percent increase in the third quarter.</description><link>http://www.rttnews.com/1811554/U-S-Productivity-Growth-Slows-To-0-7-In-Q4.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 14:29:36 GMT</pubDate></item><item><title>U.S. Weekly Jobless Claims Fall More Than Expected </title><description>New unemployment claims in the U.S. fell to a lower level than most experts had expected, according to figures released Thursday by the Labor Department.&#x0D;
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For the week ended January 28th, the Labor Department said initial claims for unemployment came in at a seasonally adjusted level of 367,000. That marks a decrease of 12,000 from the previous week's revised figure of 379,000.&#x0D;
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Economists had expected jobless claims to edge down to 370,000.</description><link>http://www.rttnews.com/1811538/U-S-Weekly-Jobless-Claims-Fall-More-Than-Expected.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 14:15:39 GMT</pubDate></item><item><title>U.S. Initial Unemployment Claims Fall To 367,000, Lower Than Expected </title><description>New unemployment claims in the U.S. fell to a lower level than most experts had expected according to figures released Thursday by the Labor Department.&#x0D;
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For the week ending January 28, the DOL reported a seasonally adjusted level of 367,000 initial claims for unemployment.</description><link>http://www.rttnews.com/1811489/U-S-Initial-Unemployment-Claims-Fall-To-367000-Lower-Than-Expected.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 13:36:22 GMT</pubDate></item><item><title>U.S. Labor Productivity Up 0.7% In Fourth Quarter </title><description>U.S. labor productivity increased by slightly less than expected in the fourth quarter of 2011, with output gains outpacing an increase in hours worked.&#x0D;
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According to statistics released Thursday by the Labor Department, fourth quarter worker productivity increased by 0.7 percent.</description><link>http://www.rttnews.com/1811484/U-S-Labor-Productivity-Up-0-7-In-Fourth-Quarter.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 13:34:38 GMT</pubDate></item><item><title>U.S. Labor Productivity Up 0.7 Percent In Fourth Quarter </title><description>U.S. labor productivity increased by slightly less than expected in the fourth quarter of 2011, with output gains outpacing an increase in hours worked.&#x0D;
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According to statistics released Thursday by the Labor Department, fourth quarter worker productivity increased by 0.7 percent.&#x0D;
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The increase was a reflection of a 3.6 percent increase in output, somewhat offset by a 2.9 percent increase in hours worked.&#x0D;
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The overall productivity increase fell slightly short of the 0.8 percent increase pr</description><link>http://www.rttnews.com/1811476/U-S-Labor-Productivity-Up-0-7-Percent-In-Fourth-Quarter.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 13:31:52 GMT</pubDate></item><item><title>U.S. Initial Unemployment Claims Fall To 367,000, Lower Than Expected </title><description>New unemployment claims in the U.S. fell to a lower level than most experts had expected according to figures released Thursday by the Labor Department.&#x0D;
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For the week ending January 28 the DOL reported a seasonally adjusted level of 367,000 initial claims for unemployment.&#x0D;
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That marks a decrease of 12,000 from the previous week's revised figure of 379,000 - slightly higher than the 377,000 initially reported.&#x0D;
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The four-week average of new unemployment claims, a figure that reduces some of</description><link>http://www.rttnews.com/1811475/U-S-Initial-Unemployment-Claims-Fall-To-367000-Lower-Than-Expected.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 13:31:47 GMT</pubDate></item><item><title>French Borrowing Costs Decline </title><description>France witnessed a decline in borrowing costs at an auction of its longer term bonds on Thursday. </description><link>http://www.rttnews.com/1811413/French-Borrowing-Costs-Decline.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 13:05:09 GMT</pubDate></item><item><title>Spain Bond Sale Exceeds Target, Yields Fall </title><description>Spain successfully sold more debt than planned at an auction on Thursday that saw declining borrowing costs. </description><link>http://www.rttnews.com/1811271/Spain-Bond-Sale-Exceeds-Target-Yields-Fall.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 11:50:00 GMT</pubDate></item><item><title>Eurozone Producer Price Inflation Slows As Expected </title><description>Eurozone producer price inflation eased as expected in December, lifting the scope for an interest rate cut from the European Central Bank, the latest figures from Eurostat showed Thursday.</description><link>http://www.rttnews.com/1811263/Eurozone-Producer-Price-Inflation-Slows-As-Expected.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 11:40:20 GMT</pubDate></item><item><title>Japan Steps Up Yen Warning; Azumi Says Can't Overlook Speculative Moves </title><description>Japan's Finance Minister Jun Azumi on Thursday stepped up his warning against excessive yen gains and said the government is ready to take decisive steps to weaken the currency.</description><link>http://www.rttnews.com/1810973/Japan-Steps-Up-Yen-Warning-Azumi-Says-Can-t-Overlook-Speculative-Moves.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 06:03:51 GMT</pubDate></item><item><title>Australia Has A$1.709 Billion Trade Surplus </title><description>Australia posted a seasonally adjusted merchandise trade surplus of A$1.709 billion in December, the Australian Bureau of Statistics said on Thursday.</description><link>http://www.rttnews.com/1810859/Australia-Has-A-1-709-Billion-Trade-Surplus.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 01:52:04 GMT</pubDate></item><item><title>Australia Building Approvals -1.0% On Month In December </title><description>The total number of building approvals in Australia was down a seasonally adjusted 1.0 percent on month in December, the Australian Bureau of Statistics said on Thursday, standing at 11,443.</description><link>http://www.rttnews.com/1810852/Australia-Building-Approvals-1-0-On-Month-In-December.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 01:15:39 GMT</pubDate></item><item><title>Australia Posts A$1.709 Billion Trade Surplus In December </title><description>Australia SAW a seasonally adjusted merchandise trade surplus of A$1.709 billion in December, the Australian Bureau of Statistics said on Thursday.</description><link>http://www.rttnews.com/1810837/Australia-Posts-A-1-709-Billion-Trade-Surplus-In-December.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 00:49:17 GMT</pubDate></item><item><title>Japan Investors Sold Net Y102.6 Billion In Foreign Stocks </title><description>Japanese residents sold a net 102.6 billion yen in foreign stocks in the week ending January 28, the Ministry of Finance said on Thursday.</description><link>http://www.rttnews.com/1810819/Japan-Investors-Sold-Net-Y102-6-Billion-In-Foreign-Stocks.aspx?type=alleco</link><pubDate>Thu, 02 Feb 2012 00:24:38 GMT</pubDate></item><item><title>Australia Trade Balance Due On Thursday </title><description>Australia will release December figures for trade balance and building approvals, highlighting a modest day for economic news.</description><link>http://www.rttnews.com/1809625/Australia-Trade-Balance-Due-On-Thursday.aspx?type=alleco</link><pubDate>Wed, 01 Feb 2012 22:32:04 GMT</pubDate></item><item><title>U.S. Manufacturing Expands At Fastest Rate In Seven Months </title><description>Activity in the U.S. manufacturing sector saw a continued expansion in the month of January, according to a report released by the Institute for Supply Management on Wednesday, although the index of activity in the sector rose by less than anticipated.&#x0D;
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The ISM said its purchasing managers index rose to 54.1 in January from a revised 53.1 in December, with a reading above 50 indicating growth in the manufacturing sector.</description><link>http://www.rttnews.com/1810365/U-S-Manufacturing-Expands-At-Fastest-Rate-In-Seven-Months.aspx?type=alleco</link><pubDate>Wed, 01 Feb 2012 15:42:18 GMT</pubDate></item><item><title>U.S. Construction Spending Jumps More Than Expected In December </title><description>U.S. construction spending saw a significant increase in the month of December, although revised figures released by the Commerce Department on Wednesday showed a smaller than initially reported increase in November.&#x0D;
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Commerce Department figures put the level of U.S. construction spending at a seasonally adjusted annual rate of $816.4 billion in December, representing a 1.5 percent increase from the November levels. Economists had expected spending to increase by just 0.5 percent.</description><link>http://www.rttnews.com/1810360/U-S-Construction-Spending-Jumps-More-Than-Expected-In-December.aspx?type=alleco</link><pubDate>Wed, 01 Feb 2012 15:36:53 GMT</pubDate></item><item><title>ISM Manufacturing Index Rises Less Than Expected In Jan. </title><description>Activity in the U.S. manufacturing sector saw a continued expansion in the month of January, according to a report released by the Institute for Supply Management on Wednesday, although the index of activity in the sector rose by less than anticipated.</description><link>http://www.rttnews.com/1810342/ISM-Manufacturing-Index-Rises-Less-Than-Expected-In-Jan-.aspx?type=alleco</link><pubDate>Wed, 01 Feb 2012 15:12:22 GMT</pubDate></item></channel></rss>