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Commentary Archive

December 2008

31   Various Money Supplies are Showing the Impact of Stimulus
30   Trouble in the Baltic States
30   Japan Manufacturing Collapses
30   Italian Business Confidence Drops Like Stone
30   U.S. Chain Store Sales Ticked Up But Still Near Lows
30   U.S. Consumer Confidence Fell Back To A Historic Low
29   UK House Prices Continue to Fall, Sales Harder to Make, Equity Withdrawals Turn Negative
24   U.S. PCE & Income Fall, Lifting Savings Rate Lower Prices Raise Real Income
24   U.S. Weekly Claims For Jobless Insurance Double From Last Year's Lows
23   GDP Data For Third Quarter Of 2008: Paths To Recession
23   Michigan Consumer Sentiment Improved Slightly in December
23   IFO Details Show Widespread Gloom in Germany
23   U.S. New-Home Sales Fell During October; Lowest Since 1991
23   U.S. Existing Home Sales Fell; Single-Family Sales Lowest Since 1997
23   U.S. Gasoline Prices Down Again
23   U.S. 3Q'08 GDP Growth Unrevised; Profit's Fall Little Changed
22   Chicago Fed Index Well Into Recession Territory
22   Orders Make Record Drop in Euro During October
22   A Strong Yen And Falling World Demand Lead To Deficit In Japanese Foreign Trade
19   French Business Climate Goes South for the Winter
18   U.S. Leading Indicators Continued Lower
18   Philadelphia Fed Index Ticked Up in December But Still Near Cycle Low
18   IFO Index Drops
18   U.S. Weekly Claims For Unemployment Insurance Dipped
17   UK Retail Sales Plummet
17   U.S. Mortgage Applications Fell Slightly Last Week
17   U.S. Current Account Deficit in 3Q'08 Narrowed
16   FOMC Cut Funds Rate to Near 0%
16   U.S. Gasoline Prices Down Again
16   U.S. CPI Fell By A Record 1.7%
16   MFG and Services and Indices Drop to New Lows
16   Vanishing Inflation and the Decline in Commodity Prices
16   U.S. Housing Downdraft Intensifies
15   Japan Tankan Survey Drops Sharply
15   Growth in Chinese Industrial Production Slows: A Proxy for GDP Growth
15   U.S. NAHB Housing Market Index Stable At A Record Low
15   U.S. Empire State Index Remained Negative; Prices Paid Index Lower Still
15   U.S. Factory Output Off As Recession Worsens
12   EMU IP Takes A Drive Worst Yr/Yr Since 1993
12   U.S. Business Inventories Decrease in October, But Sales Plunge, Leaving a Still Larger Overhang
12   U.S. PPI Fell Again; Core Pricing Power Eased
12   Michigan Consumer Sentiment Recovered Slightly
12   U.S. Retail Sales Fell Again; Less Autos & Gasoline Sales Rose
11   U.S. Credit Borrowing Fell Further During 3Q
11   U.S. Weekly Claims For Jobless Insurance Highest Since 1982
11   U.S. Import Prices Down Sharply
11   UK Industrial Sector Still Under Great Pressure
11   U.S. Trade Deficit Rose As Exports Fell
10   Industrial Production Drops Sharply in France and Italy
10   U.S. Mortgage Applications Fell Slightly Last Week
10   U.S. Pending Home Sales Fell
09   German Investors Slightly Less Pessimistic About The Outlook But See Current Conditions Worsening
09   U.S. Chain Store Sales At 12-Month Low
09   U.S. Gasoline Prices Fell Further to Their Lowest Since 2004
09   U.S. Small Business Optimism Roughly Steady at 1975 Low
08   German Industrial Output Trends is Weaker Than Expectedly
08   Japan's Current Account Balance In Sharp Deterioration
05   U.S. Consumer Credit Usage Down; Mortgage Delinquencies Surge
05   German Orders Sink Fast - So Much for a Mild Impact on Europe
05   OECD LEIs PLUNGE and It's Only September...
05   U.S. Payrolls Slashed 533,000; 6.7% Jobless Rate Highest Since 1993
04   U.S. Mortgage Applications Surged Last Week
04   U.S. Factory Inventories Fell Again
04   EMU GDP Confirmed At -0.8% (Saar) In 2008-Q4
04   U.S. Weekly Claims For Jobless Insurance Fell, But Month's Level Still High
03   Euro Area Retail Sales Crash Hard
03   U.S. Challenger Layoffs More Than Doubled Y/Y To The Highest Since 2002
03   U.S. ISM Nonmanufacturing Index Weaker-Than-Expected
03   ADP Report: Payroll Employment Fell Again By 250,000
03   U.S. Light Vehicle Sales Fell Further, Lowest Since 1982
02   Inflation Breaks Lower in the Euro Area
02   The Economic Slowdown in Asia
02   U.S. Gasoline Prices Lowest Since 2005
02   U.S. Chain Store Sales Weak Over Thanksgiving
01   U.S. Recession: It's Official
01   The Recent Rise of the U.S. Dollar
01   U.S. Construction Spending Off Sharply Again
01   Graceful but Painful Swan Dive in MFG PMI's... Into an Empty Pool
01   German Retail Sales Hit the Skids Again in October
01   ISM Index the Lowest Since 1982 Recession; Pricing Power Evaporated

November 2008

28   Chicago Purchasing Managers' Barometer Off Sharply
28   EMU CPI In Near-record Drop HICP Is Barely Over The ECB Ceiling- Freeing Bank To Slash Rates
28   U.S. Durable Goods Orders Lowest Since 2005
26   Michigan Consumer Sentiment Reading Lowest Since 1980
26   U.S. New-Home Sales Fell During October; Lowest Since 1991
26   U.S. PCE Fell 1.0% During October; Income Rose 0.3%
26   U.S. Claims For Unemployment Insurance Ticked Lower
25   Measures Of Business And Consumer Sentiment In France, Italy, And The Netherlands
25   France Business Climate Report
25   Case-Shiller Home Price Index Fell Further
25   Consumer Confidence Recovered A Bit
25   Dip in U.S. 3Q'08 GDP Revised Little; Profits Fell (Again)
24   Germany's IFO to Sixteen Year Low
24   U.S. Existing Home Sales Slide Along Bottom, Prices Down 20%
24   Chicago Fed Index Rose After Hurricanes
21   E-zone PMIs
20   U.S. Leading Indicators Fell Again
20   Philadelphia Fed Index Lowest Since 1990
20   U.S. Claims For Jobless Insurance Highest Since 1992
19   UK's CBI Survey of Industry
19   U.S. Housing Starts At Record Low in October
19   U.S. CPI Fell A Record 1.0% and Core Prices Declined As Well
18   U.S. Home Builders' Survey Lower Still
18   Inflation in the U.K. Declines in October
18   U.S. Chain Store Sales Fell Versus Last Year
18   U.S. Gasoline Prices Continued Lower
18   U.S. PPI Fell Again, Core Pricing Power Strong Again
17   French Prospects Drop Sharply
17   Euro Area's September Trade Deficit Shows Little Change from August
17   U.S. Empire State Index Negative Again; Prices Paid The Weakest Since 2003
17   U.S. Industrial Production Rebounds Modestly After Hurricanes
14   U.S. Business Inventory Accumulation Waned
14   Michigan Reading of Consumer Sentiment Remained Glum
14   U.S. Import Prices Fell Again; Oil & Nonoil Prices Lower
14   Europe's GDP and the Auto Sector Woes
14   U.S. Retail Sales Drop With Gasoline Prices, Vehicle & Most Other Sales
13   German GDP Drops in Q3
13   Recession & War Swell U.S. Budget Deficit
13   U.S. Claims For Unemployment Insurance Top 500,000
13   U.S. Trade Deficit Shrank With Lower Oil Prices & Recession
12   Euro Area Production Tanks in September
12   Commodity Prices, Inflation and Expectations
11   German Investors A Bit Less Pessimistic About The Outlook; Merchants In Japan More Pessimistic Than Ever
11   U.S. Chain Store Sales Dropped
11   U.S. Gasoline Prices Lowest Since February 2007. Demand Fell Further
11   U.S. Small Business Optimism Lowest Since 1975
10   Declines in Commodity Prices Leading to Lower Inflation Rates Worldwide
10   OECD Slowdown is Broad-Based and More Severe
10   IP Dropping Fast in Key EMU Countries
10   U.S. Pending Home Sales Retraced Most of August Rise; Trend Still Up
07   U.S. Payrolls Off 240,000 in October; 6.5% Jobless Rate Highest Since 1994
06   Germany's Flirtation with Rebound Is Smashed by a Stunning September Order Drop
06   U.S. Productivity Growth Weakened and Unit Labor Costs Surged
06   U.S. Jobless Insurance Claims Remained Elevated
05   Services Sectors Tank in US and in Europe
05   U.S. ISM Nonmanufacturing Index Fell Sharply: Recession Indicated
05   U.S. Challenger Layoffs Highest Since 2004
05   ADP Report: Payroll Employment Off 157,000
04   EMU PPI Falls Again but Year/Year Pace is Still Horrific
04   Global PMI's Forecasting Record Low in Manufacturing Production
04   U.S. Gasoline Prices Lowest Since March '07 As Demand Falls
04   Vacant Auto Showrooms; U.S. Light Vehicle Sales Lowest Since 1983
03   Economic Forecasts in Haver Analytics
03   MFG is HOW Weak? Worst Since at Least March 2000 Across Much of EMU
03   U.S. Construction Spending Fell Further
03   ISM Index Lowest Since 1982 Recession

October 2008

31   German Retail Sales Run Soft
31   Michigan Consumer Sentiment Collapsed With The Stock Market & The Opinion of Gov't
31   U.S. Employment Cost Index Increase Stable During 3Q
31   U.S. September Income Rose, Spending Fell: Trend Growth of Both Down
30   EU Indices Are Scraping Low Levels: It Will Get Worse...
30   U.S. Initial Claims for Unemployment Insurance Stable But High
30   U.S. 3Q'08 GDP Fell Modestly
29   FOMC Cut Funds Rate to 1.00%; The Lowest Since 2004
29   U.S. Mortgage Applications Recovered Last Week
29   U.S. Durable Goods Orders Ticked Up
29   Japan's Industrial Output Recoups Some of Loss
28   French Consumer Confidence Heads Back to Cycle/All-time Low
28   German Consumers Surprise With A Small Improvement In Sentiment
28   U.S. Consumer Confidence Collapses To Record Low
28   U.S. Gasoline Prices Lowest Since March '07 As Demand Falls
28   U.S. Chain Store Sales Further Confirm Weak Retail Spending
28   Home Prices Fell 20% Indicates Case-Shiller
27   Money Supply Growth Stabilizes
27   No Surprise: German Ifo's Business Climate Indicator Continues To Decline
27   September U.S. New-Home Sales Ticked Up but Still Near the Cycle's Low
24   Europe's PMIs Are Weak- Showing Contraction!
24   Lower Prices Spurred U.S. Existing Home Sales
23   European Orders Head Sharply Lower In August
23   U.S. Weekly Initial Claims for Jobless Insurance Ticked Higher
22   Italy's Consumer Confidence and Retail Sales Trends Continue to Drop
22   U.S. Mortgage Applications Lowest Since 2000
21   Chicago Fed Index Fell Deeper Into Negative Territory
21   The Global Financial Crisis Hits British Industry
21   U.S. Chain Store Sales Fell
21   U.S. Gasoline Prices Below $3.00
20   China's Real GDP Continues to Slow
20   French Orders Continue to Slide Sharply
20   German PPI Pressure Still Lingers
20   U.S. Home Builders' Survey Plumbed A New Low
20   Rise in U.S. Leading Indicators The Largest Since Last Year
20   Philadelphia Fed Index Lowest Since 2001
17   Italy New Orders
17   Japan's Service Sector Index Gets Erratic
17   Mid-October Michigan Consumer Sentiment Tanks With Stock Market
17   U.S. Housing Starts Fell Further in September
16   German Firms Cut Back Their Assessment and Expectations
16   U.S. Weekly Initial Jobless Insurance Claims Fell But Still Near Cycle High
16   US IP Plunges in September and Plummets in the Quarter
16   U.S. CPI Fell Again With Lower Gasoline Prices
15   Japanese IP Dives - Back on Trend to Lower Results
15   U.S. Budget Deficit Widens to Record in Fiscal 2008
15   U.S. Retail Sales Drop 1.2% in September
15   PPI Still Troublesome
14   Sentiment in France and Germany in the Developing Financial Crisis
14   U.S. Chain Store Sales Rose
14   U.S. Small Business Optimism Rose Further
13   UK Inflation
13   China's Trade Balance and the Changing Pattern of Trade
10   OECD LEIs Signal Further Weakness
10   U.S. Import Prices Overall Fell Further With Lower Oil Prices
10   U.S. Trade Deficit Improved Moderately
09   INSEE Business Indicator is Dropping
09   U.S. Weekly Initial Jobless Insurance Claims Fell But Still Near Cycle High
08   U.S. Pending Home Sales Improved
08   German IP Shows Some Bounce
08   FOMC at Emergency Meeting Cut Funds Rate to 1.5%; Other Signs of Monetary Ease
07   U.S. Consumer Credit Usage Decline Unprecedented
07   Odd Man Out: Bank Indonesia Raises its Interest Rate
07   German Orders Rebound in Surprise Show of Resiliency
07   JOLTS: U.S. Job Openings Fell Further in August
07   U.S. Chain Store Sales Stable Again
07   U.S. Gasoline Prices Fell to Lowest Since April, Demand Growth Lowest Since 1997
06   Exchange Rates Set the Stage... that Policymakers Play On
06   No Place To Hide: Stock Markets In Different Parts Of The World Increasingly Move Together
06   U.S. Misery Index Highest Since 1991
03   Consumer Spending and Purchase Plans in EMU
03   U.S. ISM Nonmanufacturing Index Down Slightly Along With Prices
03   Largest Decline in U.S. Payrolls Since Early 2003
02   EMU PPI Finally Loses Some Momentum
02   U.S. Factory Inventory Level Continued Higher
02   U.S. Initial Claims For Unemployment Insurance Rose
02   U.S. Light Vehicle Sales Backpedal
01   Very Weak Results for MFG: Europe is Going DOWN!
01   Japan Tankan is Tankin'
01   U.S. Construction Spending in August Unchanged M/M, Down 5.9% Y/Y
01   ISM Index Plunged to Recession Level
01   U.S. Challenger Layoffs Back Up
01   ADP Report: Payroll Employment Decline Moderated

September 2008

30   CPI Soars as EMU Sentiment Tubes: Price Relief is Minor
30   More Signs of Recessions in Japan
30   Consumer Confidence Rose Further in September
30   Chicago Purchasing Managers' Barometer Dipped
30   U.S. Chain Store Sales Off Sharply, Lowest Since 2007
30   Case-Shiller Home Price Index Down 16.3%
30   U.S. Gasoline Prices Down Last Week, Demand Off By Most in Three Years
29   Economic Sentiment in the Euro Area Declines Again in September
29   U.S. Income Recovered, Spending Was Unchanged
26   German Inflation Behaves a Bit...
26   French Consumer Sentiment Makes a Small Bounce
26   Michigan Consumer Sentiment Rose With Lower Oil Prices
26   U.S. 2Q'08 GDP Growth Lowered Slightly
25   Selected National Money Supplies
25   U.S. Initial Claims For Unemployment Insurance Surged Further
25   U.S. New-Home Sales Lowest Since Early-1991
25   U.S. Durable Goods Orders Show Broad-based Decline Last Month
24   Germany Shows Extreme Weakness Like the Rest of Europe
24   U.S. Existing Home Sales & Prices Fell
24   OFHEO House Price Index Continued Moving Lower
23   European PMIs Remain Weak
23   British Mortgages Approvals Decline
23   U.S. Shoppers Tightened Their Purse Strings
23   U.S. Gasoline Prices Down Last Week With Lessened Demand
22   Japan's All Industries Index Rises
22   Emerging Markets not Immune to Financial Turmoil in Industrial Countries
22   Chicago Fed Index At Recession Level
19   German PPI Drops But Still Has Lots of Upward Momentum
18   UK Retail Sales in Surprise Rise for Second Month Running
18   U.S. Credit Market Borrowing Declines Sharply In Q2
18   Philadelphia Fed Index Rose to Its Highest Since Last Year
18   U.S. Leading Indicators Fell Again
18   U.S. Initial Unemployment Insurance Claims Near The Highest Since 2002
17   Orders Just Fall Off the Table in the UK
17   U.S. Current Account Deficit Slightly Deeper in 2Q'08
17   U.S. Housing Starts Lowest Since 1991
16   U.S. Home Builders' Survey Improved
16   FOMC Left Funds Rate Again at 2.00%
16   Japanese Consumers More Pessimistic and German Investors Less Pessimistic before the Lehman Bankruptcy
16   U.S. Gasoline Prices Raised By Hurricane Ike
16   U.S. CPI Fell With Gasoline Prices
15   Italy's Inflation Hangs High
15   Canada's Surplus on Trade in Goods Declined in July
15   U.S. Empire State Index Negative; Prices Paid The Weakest Since January
15   U.S. Industrial Production Plummeted; Auto Output Plunged
12   Europe's IP Drops Yet Again...
12   Bank of France Business Indicator Rebounds
12   Michigan Consumer Sentiment Jumped With Lower Oil Prices
12   With Lower Gasoline Prices, Core Pricing Power Strong
12   U.S. Retail Sales Weak: A Broad-Based Decline
11   Japan Machinery Orders Go Sour
11   U.S. Budget Deficit Stable in August, Swelled Year-to-Date
11   U.S. Initial Claims for Jobless Insurance Slipped But Remained High
11   U.S. Total Import Prices Fell With Oil Price Decline
11   U.S. Trade Deficit Deepened As Oil Prices Rose
10   French IP is Jumping but not for Joy
10   U.S. Mortgage Applications Jumped
10   JOLTS: U.S. Job Openings Fell in July
09   UK IP Unequivocally Heads Lower
09   German Current Account Declines in July
09   U.S. Pending Home Sales in July Reversed June Gain
09   U.S. Chain Store Sales Ticked Up
09   U.S. Gasoline Prices Down Again Last Week
09   U.S. Small Business Optimism Recovered
08   A Sigh of Relief on Threadneedle Street
08   Japanese Economy Watchers Still in the Doldrums
05   OECD LEIs Continue to Sag as Japan Bucks Trend
05   German Sector Trends are Clear and Weak
05   U.S. Payrolls Down Again, Jobless Rate Up Further
04   German Orders so Long Resistant to Weakness Have Fully Succumbed
04   U.S. Productivity Growth Revised Up; Unit Labor Costs Fell
04   U.S. August Light Vehicle Sales Recovered Modestly
04   ADP Report: Payroll Employment Fell 33,000 in August
04   U.S. ISM Nonmanufacturing Index Up, Prices Down
04   U.S. Initial Claims for Jobless Insurance Highest in Four Weeks
03   Retail Sales Trend are Slipping Everywhere in the Euro Area
03   U.S. Factory Inventories Rose Again
03   U.S. Chain Store Sales Ticked Up
03   U.S. Gasoline Prices Unchanged Last Week
03   Challenger Layoffs Fell Sharply
02   Brazil's Industrial Production Points to a 5% Y/Y Increase in GDP in Q2
02   U.S. Construction Spending Fell in July
02   ISM Index About Unchanged
02   Euro Area Overall PPI Jumps: Sector Trends Diverge
01   Germany Retail Sales Give Way...

August 2008

29   EMU Indices Continue to Lose Ground
29   Michigan Consumer Sentiment Improved Further in August
29   U.S. Income Fell Without the Stimulus Checks
28   U.S. 2Q'08 GDP Growth Revised Sharply Higher
28   U.S. Initial Unemployment Insurance Claims Dipped
27   Italy: Consumer Confidence Rebounds but Remains Very Weak
27   U.S. Durable Goods Orders Surged Again
26   Latest Ifo Confidence Indicator Continues To Fall. Expectations At Recession Levels
26   Consumer Confidence Up in August
26   U.S. New-Home Sales Off By Two-Thirds from Peak
26   Case-Shiller Home Price Index Down 15.9%
26   OFHEO House Price Index Down 4.8% Y/Y
26   U.S. Chain Store Sales Ticked Up
26   U.S. Gasoline Prices Fell Further
25   Spain's PPI Surges
25   GDP in the United Kingdom Flat in the Second Quarter
25   Chicago Fed Index Slightly Weaker in July
25   U.S. Existing Home Sales Highest Since February
22   Euro Area Export Trends are Lagging
22   Euro Orders Continue to Plunge
21   U.S. Leading Indicators Dragged Down by Building Permits, Jobless Claims
21   Philadelphia Fed Index: Less Weakness
21   U.S. Initial Jobless Claims Ease for a Second Week
21   Despite a Bump Up in July UK Retail Sales Trends Remain Poor
21   Euro-PMIs Flatten Out
20   Japan Sector Indices are Weakening...
20   French Orders Show Some Life But Still Negative Trend
20   Reduced Oil Demand Is Pushing Down on Prices
20   Mortgage Applications Edge Lower; Credit Spreads Evince High Risk
19   German PPI is Still Soaring: 27 Year High Pace
19   U.S. PPI Up 1.2%; Big Increases Widespread
19   Declines in Euro and Oil Price Improve ZEW Indicator of Expectations
19   U.S. Housing Starts Sag Back to Low
18   UK's "Rightmove" House Price Index in Second Year-to-Year Decline
18   Home Builders' Survey Shows Tentative Signs of Stabilization
15   Michigan Consumer Sentiment Rose Slightly Early in August
15   U.S. Industrial Production Rose
15   U.S. Empire State Index Slightly Positive
14   EMU GDP in Clear Downtrend and Declining Across the Board
14   U.S. CPI Up 0.8% in July, Y/Y by 5.6%. Boost from Gasoline Prices Now Easing
14   U.S. Initial Claims for Unemployment Insurance Dipped
13   EMU IP is FLAT
13   U.S. Business Inventory Gain the Strongest Since January Distorted by Oil Prices
13   U.S. Total Import Prices Jumped Again
13   Euro Headline Inflation is Unruly; Core Setting Down
13   U.S. Retail Sales Dipped As Expected, Internet & Catalogue Sales Jumped
13   Japan's GDP Slows and Contracts
12   Japanese Consumer Confidence In July Lowest Ever Recorded: Retail Sales Stagnant
12   U.S. Gasoline Prices Down Again and Still The Lowest Since Late-May
12   U.S. Chain Store Sales Lost Steam
12   JOLTS: Job Openings Stable in June, Hires Up
12   U.S. Small Business Optimism Fell Further
12   U.S. Trade Deficit Again Unexpectedly Narrowed As Exports Surged
11   Evidence of Slow Down in Emerging Markets Coming to the Fore
11   French IP is Losing Momentum Across Sectors
08   OECD Indicators Do Not Point to Good News
08   Japan's Economy Watcher's Index Plunges
08   U.S. 2Q Productivity Growth Weakened, Costs Still Under Control
07   U.S. Consumer Credit Growth Stable in June, Still Stable With 2007
07   U.S. Pending Home Sales Unexpectedly Rose
07   Germany's Weakness in IP Does Not Stand Alone
07   German IP Falls Sharply in Quarter Despite Rise in June
07   U.S. Unemployment Insurance Claims Rose Further
06   Japan LEI Falls
06   German MFG Orders Have Turned Horrifically Weak
06   U.S. Mortgage Applications Down By One-third
05   FOMC Left Funds Rate at 2.00% - The Balance of Factors
05   Retail Trade in the Euro Area and the European Union
05   EMU PPI Surges Again
05   U.S. ISM Non-Manufacturing Index Ticked Up
05   U.S. Gasoline Prices Lowest Since Late-May
05   U.S. Chain Store Sales Held the High Ground
04   Some Recent Data From New Zealand
04   Challenger Layoffs Near Recent High
04   U.S. Factory Inventories Up With Oil Prices
04   U.S. Income Gain Modest after May Surge
04   U.S. Light Vehicle Sales Lowest Since 1992
01   Manufacturing PMIs: Falling in Concert in Europe
01   U.S. Construction Spending Fell in June, Stable This Year
01   German Retail Sales Wither
01   ISM Index Roughly About Stable M/M But Still Up From Recent Lows
01   U.S. Payrolls Down, Jobless Rate Up

July 2008

31   U.S. Help-Wanted Advertising Ticked Up
31   Chicago Purchasing Managers' Barometer Improved Again, Prices Surged
31   U.S. Initial Claims for Jobless Insurance Surged Again
31   U.S. Employment Cost Index Increase Eased in 2Q
31   HICP Continues to Shoot the Moon
31   U.S. 2Q'08 GDP Growth Improved Due to Foreign Trade
30   Rapid Fall Off in EU Indices - Especially for Services
30   Japan's Real Retail Sales Fall Sharply
30   U.S. Gasoline Prices Down Again With Lower Crude Costs
30   ADP Report: July Payrolls Rose With Service Sector Hiring
29   IFO Detail Shows Spreading Weakness
29   Consumer and Business Confidence in The Netherlands, France and Slovakia
29   U.S. Chain Store Sales Surged To New High
29   Consumer Confidence Ticked Up During July
29   Case-Shiller Home Price Index Down 15.8%
28   Italy's Retail Sector Hits the Skids
28   UK Real Estate Agents Report Declines In House Prices And More Difficulties In Making A Sale
25   U.S. New-Home Sales Dipped in June, Decline Stabilizing?
25   Michigan Consumer Sentiment Better Than Expected in July
25   Excluding Energy German Export and Import Prices Break Through 2% Mark
25   France's Insee Services Indicator Plunges as Weakness Spreads
25   U.S. Durable Goods Orders Rose. Less Transportation Orders Jumped
24   The MFG and Services PMIs Simply are Dropping Rapidly
24   U.S. Existing Home Sales Drift Down
24   U.S. Initial Unemployment Insurance Claims Shoot Back Up
23   Euro Area Orders Drop Sharply in May
22   Japan's All-Industries Index is Still Very Upbeat
22   Italian Consumer Confidence Takes a Dive
22   OFHEO House Price Fell Slightly in May, Down 4.8% Year to Year
22   U.S. Chain Store Sales Up Modestly
22   U.S. Gasoline Price Fell a Nickel, Crude Down $5.00
21   Producer Price Inflation in Five European Countries
21   U.S. Leading Economic Indicators Dipped
21   Chicago Fed Index Improved Somewhat
18   French and Italian Orders Scream WEAKNESS!!
18   Philadelphia Fed Index Stable & Low, Prices Surged
18   U.S. NAHB Housing Market Index Fell To A Record Low
17   Italy's Trade Shows Deeper Deficit
17   MAPI Business Outlook Survey At A Six Year Low
17   U.S. Housing Starts Rebound All Multi-Family
17   U.S. Initial Claims for Jobless Insurance Up Moderately
16   Euro Area HICP Sees Core Decelerate
16   U.S. Industrial Production Up in June
16   U.S. Consumer Price Index Jumped 1.1%, Y/Y Gain The Most Since 1991
15   U.S. Empire State Index Remained Negative
15   U.S. Gasoline Price Held at $4.11 per Gallon
15   U.S. Business Inventories' Trend Growth Slower
15   ZEW Components Weak Expectations Are a Disaster
15   U.S. Retail Sales Rose Just Slightly in June
15   U.S. PPI Surged Again
14   UK Losses Grip on PPI Inflation
14   Euro Area IP Trends Point Lower
11   U.S. June Budget Surplus Up, FYTD Deficit More Than Doubled
11   Michigan Consumer Sentiment Up Slightly
11   U.S. Total Import Prices Surged Again
11   OECD LEIs Getting Ever Weaker...
11   U.S. May Trade Deficit Narrowed Unexpectedly
10   Europe is Taking a Turn for the Worse...
10   U.S. Initial Jobless Insurance Claims Dropped With Holiday, Trend Up
09   Euro-Growth is a Tick Weaker in 2008-Q1
09   JOLTS: May Job Openings Up Minimally - Hires Plunged
08   German Industrial Output Now Points Clearly Lower - All Sectors Soften
08   British Chambers Of Commerce Economic Survey Pointing To Recession?
08   U.S. Chain Store Sales Nudged Up
08   U.S. Pending Home Sales Reversed Most of the April Improvement
08   U.S. Gasoline Price Reached $4.10 per Gallon
08   U.S. Small Business Optimism Stable, Near 1975 Low
07   UK IP Trends Turn Lower
07   Industrial Production Declines More Than Expected in Germany And U.K.: Increases in Norway
07   U.S. Gasoline Prices Up - Driving Down
03   U.S. ISM Non-Manufacturing Index Lowest Since January, Pricing Power Surged
03   U.S. Initial Claims for Unemployment Insurance Surged
03   Service Sectors Are Weakening Across Europe
03   U.S. Payrolls Fell for Sixth Month, Jobless Rate Stable at 5.5%
02   PPI Inflation Trends Continue Strong in the Euro Area
02   Challenger Layoffs Fell in June, Trend Up Strongly
02   U.S. Factory Inventories Rose With Shipments
02   Markit Indices Continue to Show MFG Declines in Euro Area
02   ADP Report: June Private Sector Payrolls Down, Earlier Figures Revised Up
01   U.S. Vehicle Sales in June Lowest Since 1993
01   Inflation in the Euro Area, the Unemployment Rate in Germany and the ECB
01   U.S. Construction Spending Down in May, 2008 Leveled
01   U.S. Chain Store Sales Nudged Up
01   ISM Factory Sector Index Improved Slightly, Again
01   U.S. Gasoline Price Reached $4.10 per Gallon

June 2008

30   EMU Inflation Goes Ballistic - Over 4%; Ceiling Still is 2%
30   Consumer Confidence in the U.K. Close to All Time Low
30   Chicago Purchasing Managers' Barometer Slightly Improved
27   EU and Country Sentiment Indices Falling Except for Italy
27   Global and EMU Money Supply Slows... But Gradually
27   Michigan Consumer Sentiment Down Even Further
27   U.S. Income Surged Due to Stimulus Payment
26   French Household Confidence is Diving
26   Italy's Biz Confidence Drops; Resides in Bottom Third of its Range
26   U.S. Initial Claims for Unemployment Insurance Unchanged
26   U.S. Existing Home Sales Flat for Several Months
26   Italy: Retail Sales Follows Consumer Confidence Lower
26   EMU Orders Post Surprising Strength in April
26   U.S. 1Q'08 GDP Revised Up Minimally, Profits Revised Down
25   FOMC Left Fed Funds Rate Unchanged at 2.00%
25   UK CBI Sales/Order Survey Improves Slightly but Still Shows Decline
25   French Business Confidence is FLAT On the Month Outlook is Buoyant!
25   U.S. New-Home Sales Near The Lowest Since 1991
25   U.S. Durable Goods Orders Unchanged in May; Downtrend Underscores Factory Sector Woes
24   Italy's Consumer Confidence Backs Off Again
24   UK Mortgage Approvals By Banks Continue To Fall
24   U.S. Gasoline Price Stable at $4.08 per Gallon
24   Consumer Confidence in June Again Fell Surprising Hard
24   IFO Business Sentiment Reading is Still Sinking
24   Case-Shiller Home Price Index Off 17.8% Since Peak
23   PPI Pressures Begin to Spread in Germany
23   Chicago Fed Index Still Gives A Recession Signal
23   German Business Confidence Weakens
23   U.S. Bankruptcies Surge and the 2005 Procedure
19   All Industry Index Advances and Shows Resilience
19   UK Retail Sales Surge in 22-Yr High Gain
19   Philadelphia Fed Index Slipped, Prices Surged
19   U.S. Initial Claims for Unemployment Insurance Slipped
18   Japan's LEI - Unrevised but Still Downbeat
18   UK Prices Pressures Mount for Industry
18   U.S. Current Account Deficit Slightly Deeper in 1Q'08
17   U.S. Industrial Output Fell Unexpectedly in May
17   U.S. PPI Increase Largest Since November, Gain in Core Prices Eased
17   U.S. Gasoline Price Still Above $4.00
17   Two Surveys Of German Economic Sentiment Show Significant Declines
17   U.S. Housing Starts Lowest Since 1991
16   U.S. NAHB Housing Market Index Down A Bit Further
16   Italian Labor Costs Up Sharply In First Quarter
16   EMU HICP Spurts as 'Core' Edges Higher
16   U.S. Empire State Index Negative Again
13   Readings Drop in May: Index to 96.6 in Bottom Quarter of Rank Range
13   Michigan Consumer Sentiment Still in Freefall
13   U.S. Consumer Price Index Acceleration Driven by Energy
12   EMU Area IP Growth Confirms the Strength Across Countries
12   U.S. Business Inventories Rose, Recent Trend Growth Slower
12   U.S. Total Import Prices Surge Quickest Since 1990
12   U.S. Retail Sales Firmed
12   U.S. Initial Unemployment Insurance Claims Up
11   French Inflation Continues to Escalate Over the Top
11   JOLTS: April Job Openings & Hires Rose, Trend Down Hard
10   EMU Industrial Production Held Firm in April
10   Inflation and Monetary Policy in Denmark, Norway and Sweden
10   U.S. Chain Store Sales Recovered
10   U.S. Gasoline Price Crested $4.00
10   U.S. Small Business Optimism Near 1975 Low
10   U.S. Trade Deficit Deeper in April, Prior Deficits Revised Shallower
09   More Discouraging News From Japan: Economic Indicators Pointing To Recession And Economy Watchers Continue Gloomy
09   German Trade Surplus Bulges Again in April
09   OECD CLIs Point to Further Slowing Except Japan
09   German Industrial Output Trends Head Lower
09   U.S. Pending Home Sales in April Rose Unexpectedly
06   U.S. Jobless Rate of 5.5% Highest Since 2004, Payrolls Fell A Fifth Month
05   German Orders Lose Their Froth Faster Than Day-old Beer
05   U.S. Mortgage Foreclosures Rose Further
05   U.S. Household Net Worth Down Again
05   U.S. - Rise in Initial Unemployment Insurance Claims Leveled Out
04   EMU Retail Spending and Plans Continue to Roll Over
04   ADP Report: May Private Sector Payrolls Rose
04   U.S. ISM Non-Manufacturing Index Fell in May; Prices Rose
04   U.S. Light Vehicle Sales Down in May; Truck Sales Lowest Since 1996
04   U.S. Productivity Growth Revised Up; Unit Labor Costs Rose Moderately
04   Challenger Layoffs Highest Since 2005
03   Strong First Quarter Growth In The Euro Area, Particularly In Germany
03   U.S. Factory Inventories Slipped in April
03   GDP Growth Revised Up: Path Holds Steady
03   U.S. Gasoline Price Higher ... Demand Lower
03   U.S. Chain Store Sales Slid
02   U.S. Construction Spending Down Again
02   Far East Inflation And Easy Monetary Policies Mean Negative Real Interest Rates In The Area
02   EMU MFG Weakens but Pace of Decline Slows
02   ISM Factory Sector Index Rose Unexpectedly; Level Still Indicates Contraction

May 2008

30   Japan Industrial Sector in Steep Slowdown... or Worse
30   German Retail Sales by Sector
30   Michigan Consumer Sentiment Still the Lowest Since 1980
30   U.S. Income & Spending Rose Moderately in April; Real Income Flat
29   Japan's Sales Wither After a Spike
29   EU Index is Still Sinking Fast... Inflation in EMU Still High
29   U.S. Help-Wanted Advertising Remained at a Record Low
29   U.S. Initial Claims for Jobless Insurance Ticked Up
29   U.S. 1Q'08 GDP Revised Up Slightly, Profits Rose
28   German Export and Import Prices Show Mixed Trends: Pick Your Horizon
28   French Household Confidence Remains in Steep Fall
28   U.S. April Durable Goods Orders Off Less Than Expected, Rose Excl. Transportation
28   U.S. Gasoline Prices Near $4.00 per Gallon, Crude Oil Doubled
28   U.S. Chain Store Sales Weak Again
27   INSEE Biz Indicator is Weakening
27   European Consumer And Business Confidence Indicators Released Today
27   Consumer Confidence in May Fell Unexpectedly Hard
27   U.S. New Home Sales & Prices Recovered in April
27   Case-Shiller Home Price Index Declined Again
23   Belgian Bank Index Drops With Some Mixed Sectors
23   Here's a Real FLASH: The Euro Area is Weak and Weakening
23   U.S. Existing Home Sales % Decline Eased
22   U.S. Home Prices Fell Further
22   U.S. Initial Unemployment Insurance Claims Fell
22   Italy: Confidence, Still Weak, Makes Sharp Jump
21   Germany's IFO in Surprise Rise
21   U.S. Inflation Pressures -- Demand-Pull, Cost-Push & Money
20   ZEW Indicator: Current Conditions In Germany Up, Expectations Down--Current Conditions In Euro Area Down, Expectations Up
20   U.S. Chain Store Sales Fell a Third Straight Week
20   Chicago Fed Index Continues to Indicate Recession
20   U.S. Gasoline Prices Up to $3.79 per Gallon. "Seasonal" Will Raise The CPI Report
20   U.S. PPI Gain Eased Last Month, Core Prices Firmed
19   Inflation in Germany: Real Wages and Unit Labor Costs
19   BOF Industry Indicator Continues to Drop
19   U.S. Leading Economic Indicators Again Up Slightly
16   Michigan Consumer Sentiment Lowest Since 1980
16   Export Trends Are Faltering in Europe As Imports Sustain
16   U.S. Housing Starts April Rise Due to Multi-Family, Single-Family at 27 Year Low
15   U.S. Initial Claims for Unemployment Insurance Ticked Up
15   U.S. Empire State Index Slipped
15   Philadelphia Fed Index Recovered, Expectations Up Sharply
15   U.S. Industrial Output Fell Hard Last Month
14   U.S. Small Business Optimism Recovered Slightly, Pricing Pressure Strong
14   U.S. Consumer Price Index Under Control in April
14   OECD Indicators Show Faltering Growth Prospects
13   Rising Inflation And Slowing Economy: A Dilemma For UK's Monetary Policy Committee On June 8
13   U.S. Business Inventory Gain Slowed, Retail Inventories Fell
13   U.S. Chain Store Sales Fell Hard Last Week
13   U.S. Total Import Prices Surged, Ex. Oil They Jumped As Well
13   U.S. Retail Sales Fell in April, Nonauto Sales Firmer
12   U.S. April Budget Surplus Down, 2008 FYTD Deficit Nearly Doubled
12   Japan's Economy Watcher's Index Turns Lower Again
12   Italy's Manufacturing Output Slips and EMU Tops Out
12   Inflation in Eastern Europe
09   France: With Consumer and Intermediate Goods Output Weakening... Can Capital Goods Be Far Behind?
09   U.S. Trade Deficit Narrowed Unexpectedly in March
08   German Order Trends are Mostly Cycling Lower
08   IP Trends in Germany Begin to Decay
08   U.S. Consumer Credit Growth Up in March, Stable With 2007
08   U.S. Initial Jobless Insurance Claims Dip
07   U.S. Pending Home Sales Again Fell in March, As Expected
07   U.S. Productivity Growth Firm, Unit Labor Costs Contained
06   EMU Service Sector Makes Erratic Recovery in April
06   Trade Balances for Czech Republic, Malaysia and Australia
06   U.S. Gasoline Prices Stable at $3.61 per Gallon, WTI Crude Down
06   U.S. Chain Store Sales Dipped Last Week
05   So How Strong is the Euro?
05   Appreciation to Come in the Exchange Rates in the Gulf States ???
05   U.S. April ISM Non-Manufacturing Index Improved, Trend Still Lower
02   The NTC MFG Index/Indices Continue to Drop
02   French PPI Sees Gathering Momentum
02   German Retail Sales Show Some Life in Q1
02   U.S. Higher Gasoline Prices Weigh on Light Vehicle Sales
02   U.S. Payrolls Declined For Fourth Straight Month, Unemployment Slipped
01   U.S. Construction Spending Off Sharply
01   Challenger Layoffs Surged
01   U.S. Real DPI Flat in March, Trend Growth Reduced
01   ISM Factory Sector Index Unchanged, Prices Surged
01   Both NTC/CIPS and CBI Index Show Withering UK MFG/Industrial Sector
01   U.S. Initial Claims for Unemployment Insurance Back Up

April 2008

30   EU Indices in Steady State Decline...
30   FOMC Lowers Fed Funds Rate by 25 Basis Points
30   U.S. Employment Cost Index Steady At 0.8% Quarterly Increase
30   ADP Report: April Private Sector Payrolls Again Rose Slightly
30   U.S. 1Q'08 GDP Stable at 0.6%, Two Quarter Growth At Recession Level
29   Household Confidence in Near Free Fall in France
29   CBI Sales and Order Trends Weaken
29   Case-Shiller Home Price Index Posts 10.7% y/y Decline
29   Consumer Confidence Fell in April, As Expected
29   Italian Business Confidence
29   U.S. Gasoline Prices Rose Another Dime to $3.60 per Gallon
29   U.S. Chain Store Sales Recovered Last Week
28   Italy's Biz Confidence Continues to Sink
28   French Service Sector Outlook and Climate Gauges Slip
28   Brazil's Current Account Deficit Widens
25   German Export and Import Inflation Trends Blunted in March
25   Michigan Consumer Sentiment Lowest Since 1982
24   IFO Weakness: A New Trend Lower or a 'Mild' Offset to a Spurious Jump?
24   U.S. Help-Wanted Advertising Fell to a Record Low
24   U.S. Durable Goods Orders Dipped Unexpectedly
24   U.S. New Home Sales & Prices Drop
24   U.S. Initial Claims for Jobless Insurance Lowest Since February
23   Italy's Retail Sales Growth Remains Stunted
23   Euro Area Orders Stabilize: A Leading or Misleading Statistic?
23   Belgian National Bank Index Signals Euro-Trouble Ahead
23   The U.S. Export Boom: Where Do They Go?
22   The European Union: Fourth Quarter Balance of Payments
22   U.S. Gasoline Prices Top $3.50 per Gallon
22   U.S. Chain Store Sales Slip
22   U.S. Existing Home Sales Fell, Prices Rose
21   Japan MFG and Services Indices Diverge
21   Producer and Consumer Price Inflation in the CIS Area
21   Chicago Fed Index Indicates Recession
18   German PPI Spurts in March
17   U.S. Leading Economic Indicators Up Slightly
17   Japan's IP is Revised Sharply Higher: Still Growth Trends are Mixed
17   EMU Trade Deficit Shoots Back Into Surplus
17   Philadelphia Fed Index Down Again
17   MAPI Business Outlook Survey Fell Again
17   U.S. Initial Unemployment Insurance Claims Up
16   Already High, Euro Area Inflation is Revised Up
16   U.S. Industrial Output Up 0.3% Last Month
16   U.S. NAHB Housing Market Index Remained Low But Stable
16   U.S. Housing Starts Weaker Than Expected
16   U.S. CPI Total Rose An Expected 0.3%
15   U.K. RICS Survey at All-time Low for House Prices
15   For The ECB Inflation Fears Outweigh Investors' Worries
15   U.S. Chain Store Sales Rose Again Despite Record Gasoline Prices
15   U.S. Empire State Index Stabilized
15   U.S. PPI Soared
14   U.K. PPI Prices Soar in March
14   Euro Area IP Looses Some Momentum
14   U.S. Business Inventories Up
14   Rice Statistics in Haver Databases
14   U.S. March Retail Sales Remained Weak
11   Michigan Consumer Sentiment Down Yet Again
11   OECD LEIs Show Continued Slowdown Signal
11   U.S. Total Import Prices Surged, Ex. Oil Jumped
11   U.S. March Budget Deficit Shallower, 2008 FYTD Deeper
10   French and Italian IP: Both Strong in 2008-Q1
10   U.S. Trade Deficit Surprisingly Deeper in February
10   U.S. Initial Jobless Insurance Claims Fell Sharply
09   German Trade Picture Produces a Higher Surplus on Weak Imports
09   UK Output: Suddenly on the Mend
09   JOLTS: Job Openings & Hire Rates Still in Decline
09   U.S. Pending Home Sales Fell As Expected in February
08   U.S. Small Business Optimism Lowest Since 1980
08   Japanese Economy Watchers See Improvement In Current Conditions
08   U.S. Consumer Credit Growth Eased in February
08   U.S. Chain Store Sales Rise Moderate, Gas Prices Rise Strong
07   German Industrial Production Surprises on the Upside
07   U.S. Payrolls: Areas of Strength & Weakness
04   U.S. Payrolls Down For Third Month, Unemployment Up
04   German Orders Fall in January and February - Is Euro to Blame?
03   UK Service Sector Takes a Hit in March
03   European Consumer Spending Weakens in February
03   U.S. ISM Non-Manufacturing Index Improved Again
03   U.S. Initial Claims for Jobless Insurance Rise Into Recession Zone?
02   EMU PPI Trends Press Higher...
02   U.S. Factory Inventory Rise Continued Firm
02   Challenger Layoffs Down Last Month
02   U.S. Vehicle Sales Lowest Since 2005, Gasoline Price Up
02   ADP Report: March Private Sector Payrolls Rose Slightly
01   European Economic Data Hits Blow Hot and Cold: This Time Cold: German Retail Sales
01   Japan: TANKAN Results Show Growing Concerns Among Business
01   U.S. Construction Spending Slipped; Nonresidential Activity Slackened
01   U.S. Chain Store Sales Slipped Again
01   ISM Factory Sector Index Ticked Higher But Still Was Below 50

March 2008

31   Inflation and Economic Sentiment in the Euro Area
31   Commodity Prices Surge
28   Japan's Inflation Rate Rises but 'Core' Still Below ZERO Yr/Yr
28   Michigan Consumer Sentiment Fell Further
28   U.S. Real DPI Up 0.3%, Real PCE Flat, Prices Easy
27   Japan Retail Sales Show Some Life in January and Give it Back in February
27   French Service Sector Continues to Lose Momentum
27   U.S. Help-Wanted Advertising Back to Record Low in January
27   U.S. Weekly Initial Jobless Insurance Claims Dipped
27   U.S. 4Q GDP Growth Unrevised at 0.6%, Profits Fell
26   French Production Trend is Lower but Optimism is Intact
26   Biz Confidence Sinks Further in Italy
26   Germany's IFO Index Turns Up... Again
26   EMU Orders Rise in January but Trends Point Lower
26   U.S. Durable Goods Orders Post Surprising Decline
26   U.S. New Home Sales Down Again
25   Iceland Raises Its Official Discount Rate to 15%
25   Consumer Confidence Fell Sharply
25   Case-Shiller Home Price Index Posts 10.7% y/y Decline
25   U.S. Petroleum Prices Tick Lower
25   U.S. Chain Store Sales Backpedal
24   Italy Retail Sales and Consumer Confidence Sag
24   Large Japanese Business Firms Turn More Pessimistic
24   Chicago Fed Index So Low Perhaps Indicates Recession
24   U.S. Existing Home Sales Rose Slightly. Momentum Changing?
21   Italy's Consumer Confidence Erodes
21   French Orders in Holding Pattern With Strong Foreign Orders
21   Nonbank Dealers Borrow $29 Billion from the Fed
20   German Ex-Energy PPI Shows Disconcerting Pressure!
20   UK Retail Sales Show Unexpected Zest
20   U.S. Leading Economic Indicators Fell For Fifth Month
20   Philadelphia Fed Index Improved Slightly
20   U.S. Weekly Initial Jobless Insurance Claims Highest Since 2005
19   Japan Slips and its Assessment is Cut...
19   UK Order Books are 'Full'... but for How Long?
19   Italy Orders Rise in Month but Still Faltering Trend
19   U.S. Empire State Index More Negative
19   U.S. Business Inventories Starting to Back Up
18   FOMC Lowers Fed Funds Rate by 75 Basis Points
18   Inflation Targeting in UK and CANADA
18   Italy's Trade Deficit Widens: Complex Picture Emerges
18   U.S. Chain Store Sales Up Slightly and Gasoline Prices Up Sharply
18   U.S. PPI Total & Total Firm
18   U.S. Housing Starts Buoyed Again By Multi-Family
17   U.S. NAHB Housing Market Index Low & Stable
17   U.S. Current Account Deficit Shrunk in 2007
17   Stock Markets Plunge: Commodity Prices Soar
17   U.S. Industrial Output Down
14   Inflation Flares Further in the Euro Area
14   BoF Indicator Continues to be Weak
14   Michigan Consumer Sentiment Fell Again
14   U.S. CPI Total & Core Unchanged
13   Japan's Industrial Sector Slows Down, Does the Economy?
13   Japan Retail Sales: A Jump Then a Slowing
13   U.S. Total Import Prices Eased, Nonoil Strongest Since 1995
13   U.S. Budget Deficit Deeper Due to Revenue Shortfall & Spending Surge
13   U.S. Retail Sales Fell Unexpectedly, Discretionary Sales Mixed
13   U.S. Weekly Initial Claims for Unemployment Insurance Unchanged
12   French Inflation Begins to Level Off in February
12   JOLTS: Job Openings Broadly Down Early in 2008
12   U.S. Mortgage Foreclosures Continued To Surge
12   Euro-Area IP Rebounds in January
12   Japan GDP is Revised Lower
11   Small Business Optimism Ticked Up
11   U.S. Chain Store Sales Weak As Gasoline Price Surged
11   RICS House Prices Continue to Drop to New Lows
11   The Financial Community in Germany and Economy Watchers in Japan Are a Bit less Pessimistic about Their Economies
11   U.S. Trade Deficit Widened
10   ZEW Expectations Rise Again as Current Conditions Erode
10   Japan Machinery Orders Show Strength
10   Economy Watchers Index Rebounds
10   China's Surplus on Total Trade in Goods Down Sharply in February But Less So With the U.S.
10   U.S. Flow of Funds: Debt Growth Slowed, Household Net Worth Down
07   German IP Sees Huge Lift From Capital Goods
07   OECD Composite Leading Indicators: Moderate Slowing
07   U.S. Payrolls Again Fell Unexpectedly
06   Japan Economy Shows Weakening Sectors and a Weakening Outlook
06   German Orders Take Another Swing Lower
06   U.S. Factory Inventory Gain Strong, Orders Reverse December Rise
06   U.S. Pending Home Sales Unchanged in January
06   U.S. Weekly Jobless Insurance Claims Fell
05   EMU Services PMI Makes a Small Rebound in February
05   Retail Sales and Spending Plans in EMU: Deceleration
05   U.S. ISM Non-Manufacturing Index Somewhat Improved
05   Challenger Layoffs Down Last Month
05   ADP Report: Private Payrolls Fell
05   U.S. Productivity Growth Revised Little, Unit Labor Costs Revised Up
04   EMU GDP Growth Decelerates
04   Euro Area Producer Prices Surge in January; Core Elevates Too
04   Slovakia and Romania Report Increases in Q4, 2007 GDP
04   U.S. Chain Store Sales Down Last Week, Up Last Month
04   U.S. Vehicle Sales in February Remained Low, Gasoline Price Up
03   UK MFG Sector Makes a Small Bounce
03   Inflation Continues to be too Strong in EMU in February
03   Canadian GDP Report Fuels Speculation of a Rate Cut
03   U.S. Construction Spending Fell. All Categories Down
03   ISM Index Factory Sector Falls Below 50: Indicates Contraction

February 2008

29   Is the ECB Winning or Losing on Inflation?
29   EU Indexes Point Lower - Across the Board
29   Chicago Purchasing Managers Barometer Lowest Since 2001
29   Michigan Consumer Sentiment Lowered By A Foul Opinion of Government
29   U.S. Real Disposable Income Up 0.1%, Spending Flat, Core Price Gains Faster
28   Japan Industrial Production is Slipping
28   UK Consumer Confidence Drops
28   French Morale Slips Then Falls Flat. Worst In Over 18 Years
28   U.S. Help-Wanted Advertising Back to Record Low in January
28   U.S. Weekly Initial Claims for Unemployment Insurance Up
28   U.S. 4Q GDP Held at 0.6% Growth
27   Home Price Appreciation Weakest Since 1990
27   German Ex Energy Export and Import Prices Are Still Falling Yr/Yr
27   Money and Credit Trend in Euro Area Remain Robust...
27   U.S. Durable Goods Orders Off Big, As Expected
27   US New Home Sales Off 57.7%, Midwest Sales Down 71.5%
26   Italy's Business Morale is Still Sinking
26   German Business Confidence Improves--A Big Increase In Confidence In Retail Trade
26   Consumer Confidence Plummet, Expectations the Dreariest
26   Gasoline Prices Surged, Crude Oil Crested $100
26   Case-Shiller Home Price Index Lowest Since 2005
26   U.S. PPI Total & Core Strong
25   Italy Retail Sales Trends Continue to Erode
25   Rise in Singapore's Inflation Spotlights Rises in World Grain Prices
25   Economists Forecast No U.S. Recession in 2008
25   Chicago Fed National Activity Index Still Negative, Inflationary Pressure Low
25   U.S. Existing Home Sales Slipped & Prices Off More
22   EMU Flash PMIs are Weak; Especially for Services
22   U.S. Loan Delinquencies Up Across the Board
22   Euro Area Orders Drop Sharply in December
22   Business Climate Edges Lower in France
21   Philadelphia Fed Index Lowest Since 2001
21   U.S. Leading Economic Indicators Down
21   French Inflation: Core and Headline Rates Move Higher
21   U.S. Weekly Initial Claims for Jobless Insurance Down, Revisions Up
20   UK Output Trends Decline as Orders Hover Showing Small Persisting Gains
20   German PPI Inflation Shows Stubbornness
20   New Industrial Orders in December Sag in Italy and in France
20   U.S. Housing Starts Remain Near 1991 Lows
20   U.S. CPI Total Stable, Core Strongest Since 2006
19   Japan Offers Up some Mixed Signals From Two LEI Concepts
19   Japan's Current Account Balances by Region
19   U.S. Budget Deficit Deeper: A Weaker Economy
18   China and Singapore ---The Big and The Small---Show Increased Trade Surpluses
15   EMU Trade Deficit Emerges
15   BOF Biz Indicators Softens
15   Michigan Consumer Sentiment Dropped Hard
15   U.S. Industrial Production Ticked 0.1% Higher
15   U.S. Import Price Rise Strong
14   U.S. Business Inventory Accumulation Down in 4Q Due To Autos
14   U.S. Weekly Initial Jobless Insurance Claims Slipped, Monthly Rose
14   U.S. Trade Deficit Narrowed Sharply
14   Euro Area GDP Slows on a Very Broad Front
13   IP Sinking in All Sectors
13   Japan's Consumer Confidence Very Weak
13   U.S. Retail Sales Above Expectations: Auto Sales & Gas Prices Rose
12   German Financial Community a Bit Less Pessimistic About the Outlook
12   JOLTS: Job Openings Down in 2007
12   U.S. Chain Store Sales Fell, Gasoline Prices Down
12   Small Business Optimism Lowest Since 1990
11   Industrial Production in the Ukraine and Kazakhstan
11   Italy's IP is Sinking Fast...
11   French IP Rebounds Without Enthusiasm
08   Economy Watchers to Very Deep Depths...
08   OECD Leading Indices Drop: Except Japan
08   German Output in Slight Slowing
08   U.S. Consumer Credit Growth Eased in December but Accelerated in 2007
07   UK Industrial Production Growth Slows to a Crawl
07   French Trade Flows Slow; Imports Drop Sharply
07   German Orders Still Strong, but More Are Disbelieving
07   U.S. Pending Home Sales Seeking a Bottom?
07   U.S. Initial Unemployment Insurance Claims Slipped
06   Italy's Inflation Rate Shows Core Pressure Through Dec; In Jan Headline Abates
06   French Retail Sales Trend Slips
06   Productivity Down in Q4 But Up for All of 2007; Factory Sector Costs Up
05   Inflation in the Pacific Rim
05   U.S. Factory Numbers Dominated by Aircraft Industry
05   EMU Retail Sales Sink... Again
05   Europe's Service Index Drops as US 'Service' Index Collapses
05   U.S. ISM Non-Manufacturing Index Down Sharply, Lowest Since 2001
05   U.S. Chain Store Sales in Modest Uptrend
04   Currencies in Australia and New Zealand Continue to Strengthen
04   PPI Main Sector Trends Still Excessive But Lose Some Momentum
04   U.S. Vehicle Sales in January Lowest in Over Two Years
04   U.S. Construction Spending Decline Largest Since 1991
01   NTC Shows a Rebound in Europe
01   ISM Index Improved
01   Michigan Consumer Sentiment's Earlier Gains Diminished
01   U.S. Payrolls Fell Unexpectedly, Revisions & Jobless Rate Down Slightly

January 2008

31   U.S. Help-Wanted Advertising Remained Low
31   EU and Country Level Confidence is Still Sinking
31   German Retail Sales Continue to Slow
31   U.S. Employment Cost Index Steady At 0.8% Quarterly Increase
31   U.S. Personal Income Firm, Spending Light
31   U.S. Initial Claims for Unemployment Insurance Surged
30   Case-Shiller Home Price Index Lowest Since 2005
30   FOMC Lowers Interest Rates Further
30   ADP Report: Private Payroll Growth Much Improved
30   US 4Q GDP Weaker Than Expected At 0.6%. Exports & Inventories Added Less
29   ISAE Biz Confidence Edges Lower
29   French Consumer Confidence Continues to Decline
29   Consumer Confidence Stayed Low
29   UK Retail Sector Continues to Ramp Down
29   U.S. Durable Goods Orders Surged in December, Gain Slowed in 2007
28   Little Change in Business and Consumer Confidence in the Czech Republic and Slovenia
28   US New Home Sales Off 41% in Last Twelve Months; Lowest Since 1995
28   Money Growth
25   Excluding Energy, Trends are Turning in Germany
25   French Biz Confidence Hovers Just Short of Recent Highs
25   Mass Layoffs Higher Still
24   Italy's Consumer Confidence Falls Well Below Past Recession-Start Levels
24   Germany's IFO Index Bounces on Improved Expectations
24   Japan's Imports Hold up as Exports Slow
24   Existing Home Sales Lowest Since 1998, Prices Off 10% Since Peak
24   Low U.S. Initial Claims for Jobless Insurance: Doubts About Hiring Slowdown
23   European Orders Surprise with a Spurt in November
23   U.S. Chain Store Sales Move Sideways
23   Chicago Fed National Activity Index Remained Negative
22   UK Industrial Sector Shows no Sign of Weakness, but Hints at Inflation
22   Turmoil in Stock Markets Around the World Leads to a 75 Point Cut in FED'S Benchmark Interest Rate
22   FOMC Takes Aggressive Action
21   German PPI: Oh, BEHAVE!... and it does
21   More Evidence of Weakness in U.K. Housing Market
18   Japan MFG and Service Sectors still Growing... but Slower
18   UK Retail Sales Take a Hit
18   French New Orders Soften but Still Grow
18   U.S. Leading Economic Indicators Down Again
18   Michigan Consumer Sentiment Highest in Four Months
17   Exports Slowing in the Zone; Imports improving...at least Yr/Yr
17   Philadelphia Fed Index Plummets Further
17   U.S. Initial Claims for Jobless Insurance Lowest Since September
17   U.S. Housing Starts Plumb 1991 Lows
16   U.S. NAHB Housing Market Index Remained Low, Down Hard Out West
16   U.S. Industrial Production Unchanged in Dec. A Recession Begun?
16   RICS Survey Takes an Ongoing Dive
16   U.S. CPI Total & Core Tame
15   HICP is Rising in Many ECB Countries
15   No Surprise: Sentiment Among German Investors and Analysts Falls
15   U.S. Business Inventories' Accumulation Still Slowing
15   U.S. PPI Eased
15   U.S. Retail Sales Miss Expectations
14   Euro Area IP Slows on Broad Front
14   UK Core PPI Inflation on the Rise Again
14   Decline in British Pound Complicates U.K. Monetary Policy, Dampens Euro Area Export Prospects
14   U.S. Budget Deficit Deeper in 1Q FY08: Growth in Receipts Down, Outlays Up
11   U.S. Import Prices Flat as Oil Levels Off
11   Japan's Economy Watcher Index Measures Sink Sharply
11   OECD Leading Indicators Showing Declining Momentum
11   U.S. Trade Deficit Deepest Since Last August, Oil Imports Surged
10   French Industrial Production: Losing Momentum
10   U.S. Initial Unemployment Insurance Claims Fell
09   German IP Slows, While Orders Grow...an Accelerate
09   German Retail Sales are a DISASTER in November
09   U.S. Consumer Credit Growth Up in November, Trend Down Sharply
09   German Orders in Surprise Spurt
08   U.K. House Prices: Halifax Bank of Scotland (HBOS) Indexes and Averages of House Prices
08   Small Business Optimism Remained Low
08   U.S. Pending Home Sales Down Slightly in November
08   U.S. Chain Store Sales Touch a New High
08   Gasoline Prices Up Further
08   EMU Retail Sales Volumes Still Sinking in Q4
07   Economic Sentiment Continues to Falter in Europe
07   Euro Area: PPI Headline Inflation Soars While ex Energy Prices Hold at a Too-High Pace
07   U.S. Construction Spending Up Slightly in November
04   U.S. Payrolls Weak, Unemployment Rate Surged
04   U.S. Vehicle Sales Tick Up in December, Down in 2007
04   U.S. ISM Non-manufacturing Index Fell Again
04   Service Sector Still Pummeled in Europe... France Excepted
04   French Consumer Confidence Continues to Slide
03   ADP Report: Private Payroll Growth Negligible
03   Challenger Layoffs Fell Back
03   U.S. Initial Claims for Jobless Insurance Retreated, but 2005 Revisited
02   U.S. Construction Spending Rose Slightly
02   Existing Home Sales Up Slightly
02   ISM Index Below 50
02   U.S. Chain Store Sales Surged at Yearend '07