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Showing 111 - 120 of 151 results for "Commerce Department"

Market Wrap - Morning

AAP  |  FRIDAY, 28 AUG 2009
... another fresh high for 2009 as data showed the economy remaining on the path to recovery from recession. The Commerce Department reported the economy shrank at a one per cent annual pace in the second quarter, leaving unrevised an estimate from a month ...

Market Wrap - Morning

AAP  |  THURSDAY, 27 AUG 2009
... larger-than-expected 9.6 per cent leap in new home sales in July, the fourth straight month of gains. The Commerce Department figure was 13.4 per cent below the sales pace of a year ago, and some analysts warned the brighter data on the housing market ...

Christmas in July

BENJAMIN ONG  |  MONDAY, 3 AUG 2009
... contraction of only 0.8 per cent in the second quarter from -2.4 per cent in the first. And more recently, the US Commerce Department reported that US second quarter real GDP growth contracted at an annualised rate of 1 per cent - a more than substantial ...

Greener than green shoots

BENJAMIN ONG  |  TUESDAY, 28 JUL 2009
... to be nothing for investors to do but wait, and protect their profits while they sit. And then came the US Commerce Department reporting greener than green shoots sighted in the housing market. Wall Street rejoiced. Yes, Virginia. Remember housing and ...

Market Wrap - Midday

AAP  |  FRIDAY, 10 JUL 2009
... in the timing of auto industry layoffs and the holiday-shortened week, however. In other economic data, the Commerce Department said wholesale inventories fell for a ninth straight month in May as businesses continued to trim stockpiles. Inventories ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 20 MAY 2009
... apartments in the US fell 12.8 per cent last month to the lowest pace on records going back a half-century, the Commerce Department said. Analysts had expected housing starts to rise. The report did contain some positive signs, including a rebound in ...

Pause that refreshes

BENJAMIN ONG  |  THURSDAY, 14 MAY 2009
... indeed bad and gave the market reason to question whether the 'green shoots' were beginning to decay. The US Commerce Department reported that retail sales fell by a bigger-than-expected 0.4 per cent in April, down 10.1 per cent from a year ago. Underlying ...

The good in the bad news

BENJAMIN ONG  |  THURSDAY, 30 APR 2009
... news that the US economy sank deeper into the recessionary hole in the first quarter of this year. The US Commerce Department's first estimate of US real GDP showed the economy contracted at annualised rate of 6.1 per cent in the period from January ...

Market Wrap - Morning

AAP  |  THURSDAY, 30 APR 2009
... US economy and were encouraged by a Federal Reserve statement that the pace of contraction was easing. The Commerce Department's first estimate of first quarter gross domestic product (GDP) showed the world's largest economy contracted at a 6.1 percent ...

Market Wrap - Morning

AAP  |  MONDAY, 27 APR 2009
... by 2011 without government aid. Economic reports showed declines, but were also not as bad as expected. The Commerce Department reported new US homes sales fell 0.6 per cent in March, but were stronger than anticipated following an upward revision to ...