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Showing 41 - 50 of 151 results for "Commerce Department"

Market Wrap - Morning

AAP  |  WEDNESDAY, 1 AUG 2012
... data to weigh, including numbers on consumer confidence, personal incomes and spending, and home prices. The Commerce Department reported June personal spending, the main driver of the US economy, was essentially flat, while incomes rose 0.5 per cent ...

Market Wrap

AAP  |  THURSDAY, 26 JUL 2012
... 2,854.24. Sales of newly built single-family homes fell 8.4 per cent in June, to an annual rate of 350,000, the Commerce Department reported. Expectations were for a rate of 373,000. LONDON - European stock markets mostly rose, as gloomy economic news ...

The twain could not meet

BENJAMIN ONG  |  THURSDAY, 19 JUL 2012
... could be getting over its summer lull. Housing, after all, has a large multiplier effect on the economy. The Commerce Department last month reported that housing starts increased by 6.9% -- the fastest in nearly four years (October 2008) -- to a better ...

Market Wrap

AAP  |  TUESDAY, 17 JUL 2012
... tech-heavy Nasdaq slid 11.53 (0.40 per cent) to 2,896.94. US retail sales fell by 0.5 per cent last month, the Commerce Department reported. Most analysts estimated they climbed 0.2 per cent. LONDON - European stock markets closed little changed, coming ...

Uncle Ben to the rescue

BENJAMIN ONG  |  WEDNESDAY, 20 JUN 2012
... US economic growth, Uncle Ben would surely be concerned over some of the reports released last night. The Commerce Department reported that housing starts dropped to an annual rate of 708,000 units - lagging market expectations by 12,000 houses. The ...

Still a guessing game

BENJAMIN ONG  |  TUESDAY, 5 JUN 2012
... - for instance: 6:07 AM (AEST): "The S&P 500 extended its slump to a level considered a "correction" after Commerce Department data showed US factory bookings unexpectedly slid 0.6 percent in April to mark the first back-to-back declines in more than ...

Market Wrap

AAP  |  FRIDAY, 1 JUN 2012
... around their performance quick smart," Mr McCarthy said. Wall Street's major indices lost ground after the US Commerce Department revised its forecast of first quarter economic growth from 2.2 per cent to 1.9 per cent. US jobs data was also disappointing ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 APR 2012
... 1,369.57, while the Nasdaq tumbled 22.93 (0.76 per cent) to 2,988.40, under pressure from technology stocks. The Commerce Department reported overall retail and food service sales expanded by 0.8 per cent last month, slightly below February's increase ...

Upside surprises to surprise on the upside

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2012
... confidence is not just one shown in the higher index reading. There's action behind this as evidenced by the US Commerce Department's report that business inventories increased by a higher-than-expected 0.7% in January - the largest since October. Increased ...

Market Wrap

AAP  |  THURSDAY, 1 MAR 2012
... the US and Europe overnight. The US economy picked up more speed than expected in the fourth quarter. The US Commerce Department's upward revision said the world's largest economy grew at an annual clip of 3.0 per cent in the final three months of 2012. ...