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The Conference Board Leading Economic Index® (LEI) for the U.S. Increases in February 2010
added: 20-03-2010

The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.1 percent, The Conference Board Coincident Economic Index® (CEI) increased 0.1 percent and The Conference Board Lagging Economic Index® (LAG) increased 0.3 percent in February.
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American Express: 7 out of 10 Consumers Feel Stable in Their Current Jobs; Linked to Spending Patterns and Job Moves
added: 19-03-2010

According to a new survey by American Express, 71 percent of Americans consider their current job situation “just as stable” as or “more stable” than last year. Of these consumers, 54 percent feel their job is just as stable, while a significantly smaller number, 16 percent, feel their job is more stable. Nearly a quarter (24%) of consumers consider their job “less stable” compared to last year.
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U.S. Producer Price Index in February 2010
added: 19-03-2010

The Producer Price Index for Finished Goods declined 0.6 percent in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This decrease followed a 1.4-percent advance in January and a 0.4-percent increase in December. At the earlier stages of processing, prices received by producers of intermediate goods moved up 0.1 percent and the crude goods index fell 3.5 percent. On an unadjusted basis, prices for finished goods advanced 4.4 percent for the 12 months ended February 2010, their fourth consecutive 12-month increase.
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Euro Area External Trade Deficit 8.9 bn euro in January 2010
added: 19-03-2010

The first estimate for the euro area (EA16) trade balance with the rest of the world in January 2010 gave a 8.9 bn euro deficit, compared with -12.1 bn in January 2009. The December 20092 balance was +4.1 bn, compared with -1.7 bn in December 2008.
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Public Remains Deeply Pessimistic About the Economy and Employment
added: 19-03-2010

The president and his administration are still focused on health care, but have added in a renewed dialogue on jobs to help show they understand the continuing trouble people are having on economic issues. But it seems this isn’t resonating with the public. Since January, President Obama’s low job rating on the economy has held steady. Just under one-third of Americans (32%) give him positive ratings on the job he is doing on the economy while 68% give him negative ratings. In January, 31% gave him positive marks and 69% gave him negative ones.
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U.S. Real Earnings in February 2010
added: 19-03-2010

Real average hourly earnings for all employees rose 0.1 percent from January to February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This increase stems from a 0.1 percent increase in average hourly earnings while the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged.
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U.S. Consumer Price Index in February 2010
added: 19-03-2010

On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in February, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the index increased 2.1 percent before seasonal adjustment.
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Regional Development: MEPs Back Fast-Track Funding to Boost Economic Recovery
added: 19-03-2010

Regional development projects in EU Member States will get faster and easier access to EU structural funding, thanks to new rules backed by the Regional Development Committee. As part of the EU's "anti-crisis" measures, advance payments will be increased for projects that help create jobs in countries worst hit by the downturn.
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Bankrate: Mortgage Rates Post Mixed Results
added: 19-03-2010

Mortgage rates barely budged this week, with the average conforming 30-year fixed mortgage inching lower to 5.07 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.38 discount and origination points.
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Euro Area Hourly Labour Costs Rose by 2.2% in the Fourth Quarter of 2009
added: 18-03-2010

Hourly labour costs in the euro area (EA16) rose by 2.2% in the year up to the fourth quarter of 2009, compared with 3.0% for the previous quarter. In the EU27, the annual rise was 2.4% up to the fourth quarter of 2009, compared with 2.9% for the previous quarter.
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