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Showing 31 - 40 of 51 results for "US Commerce Department"

Good news day

BENJAMIN ONG  |  THURSDAY, 18 FEB 2010
... previous month. Expectations were for only a 0.7 per cent gain. Housing? There's good news there too. The US Commerce Department reported that housing starts increased by 2.8 per cent in January to 591,000 units annualised in January versus expectations ...

Weight in gold

BENJAMIN ONG  |  TUESDAY, 10 NOV 2009
... and Uncle Benny would stop dishing out the goodies. But what happened when last Friday (their time) the US Commerce Department dropped a bomb on Wall Street with a report showing that the country's unemployment rate jumped to double-digits - 10.2 per ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 NOV 2009
... at Swiss giant UBS. But analysts said some of the losses were offset late in the trading day after the US Commerce Department reported a better-than-expected gain in US industrial orders. In the UK, the FTSE 100 index gave up 67.29 points, or 1.32 per ...

Wealth effect turns positive

BENJAMIN ONG  |  FRIDAY, 18 SEP 2009
... improvement in home values for the increased wealth in the second quarter. This looks set to continue. The US Commerce Department reported housing starts rose by 1.5 per cent in August to an annualised rate of 598,000 units - the highest level in nine ...

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 ...

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 ...

Sellers beware

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2009
... Street retreated last night apparently shocked at reports of an unexpected fall in US retail sales. The US Commerce Department reported that retail sales fell 1.1 per cent in March with sales ex-autos declining 0.9 per cent. Expectations were for a 0.3 ...

Main Street versus Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2009
... night there was tangible US data showing that the housing sector might -- repeat might -- be healing. The US Commerce Department reported that housing starts rose to an annualised pace of 583,000 in February, a 22 per cent jump from the previous month. ...