Economic Indicators

Probability of deflation in US has become fairly small

Mostly Economics (Free subscription) | 12 hours ago

In this new short note from FRBSF economist analyses inflation expectations in US. Predicting the course of inflation is one of the most important challenges facing monetary policymakers. Useful aids to such prediction are the measures of expected future inflation obtained from prices in government bond markets. An examination of recent inflation-indexed and non-indexed U.S. Treasury [...]

South Africa to rebase GDP, revise growth data

Business Report (Free subscription) | yesterday

South Africa's statistics agency has rebased its gross domestic product survey and added previously excluded activities that could lead to revisions of past economic growth numbers.

Monetary Policy Committee extends its quantitative easing programme by £25bn yesterday.

PFS News (Free subscription) | yesterday

The Monetary Policy Committee’s decision to extend its quantitative easing (QE) programme by only £25bn yesterday presumably reflects the recent improvement in some of the economic indicators. However with the strength and durability of the recovery still highly uncertain, this may not be the end of QE. In other economic news, September’s UK industrial production figures [...]

Northern region largest contributor to GDP: CII Report

Times of India (Free subscription) | 05/11/2009

Northern Region continued to be the largest contributor to the GDP at 27.5% in 2007-08 although the economic growth in the region has underperformed the national average, says a CII report.

Rosenberg: “the mother of all jobless recoveries”

Snuffysmith's Blog (Free subscription) | 7 hours ago

Rosenberg: “the mother of all jobless recoveries” While I see the job numbers as pretty much what was expected, the data do make clear that we are seeing a major jobless recovery. David Rosenberg has a piece out today that goes right to the heart of the issue: All we can say is that if the overwhelming consensus is correct that the recession is behind us, then what we have on our hands...

• Rosenberg: “the mother of all jobless recoveries” - Credit Writedowns

It Isn't a "Recovery" When There

Random Thoughts from Reno (Free subscription) | 2 hours ago

is 10.2-percent unemployment. It's just happy talk nonsense to get consumers to spend money and get the economy jumpstarted. I have said a bazillion times there needs to be governmental programs to get the economy kicking up again . More from the article: When discouraged workers and underemployed ones are factored in, a more broadly defined unemployment rate stands at 17.5 percent. Some 35 percent...

Ogabe

We The Free (Free subscription) | 15 hours ago

clipped from www.atimes.com The unhappy situation in America, of which we have long warned, should be contrasted with the healthy growth experiences of other countries such as Australia, New Zealand, China and India. The Australian central bank is now so confident in its growth potential that it has raised interest rates two months in a row. Though they have a center-left government, the Aussies have...

7 Principles for Policy Exit (IMF)

Alea (Free subscription) | 2 hours ago

Exit strategies should pave the way for strong, sustained and balanced economic growth. The Principles below are intended to establish common ground for the design and implementation of policies during the exit from the extraordinary support measures taken during the crisis. Principle 1. The timing of exits should depend on the state of the economy and [...]

Unemployment Rate Shows Worrisome Trend

A Blog For All (Free subscription) | 6 hours ago

Even if you consider unemployment to be a lagging indicator of economic health, the latest monthly reports from the federal government should give one pause. Unemployment is actually at 17.5%. That's from the NYT, which gives it top billing. The shine is off the Administration's stimulus efforts because it shows that many people have given up their job hunting and who are underemployed: With

Oops -- Cramer's October 12 Unemployment Prediction: 'We Are Not Going to Reach 10 Percent'

NewsBusters (Free subscription) | 1 hour ago

Drinking the Kool-Aid on MSNBC wasn't enough, even for CNBC's Jim Cramer, to escape the reality that Obamanomics isn't working. Back on October 12, Cramer, to his credit, knew there were some problems with the $787-billion stimulus passed earlier this year. However, he felt it was necessary to pledge his admiration for President Barack Obama, Treasury Secretary Timothy Geithner and Federal Reserve...

Meet on horticulture from tomorrow

Hindu (Free subscription) | 2 hours ago

BANGALORE: A three-day international conference on “Horticulture for livelihood security and economic growth” is being organised jointly by Dr. Prem Nath Agricultural Science Foundation, the Vegetables Sciences International ...

The Deficit Choice: What The White House Is Thinking

Marc Ambinder (Free subscription) | 20 hours ago

Huge deficits will be omnipresent throughout President Obama's first term, complicating his administration's messaging efforts on the economy. But advisers separate the political repercussions from the actual underlying fiscal and monetary policies. In some ways, the short-term politics of the deficit are negligible. They're preferable to the short-term politics of a much higher unemployment rate with...

Blog Glob: "Legal Sector Loses 5,800 Jobs in October"

idealawg (Free subscription) | 5 hours ago

Excerpt: According to a monthly jobs report released Friday by the U.S. Bureau of Labor Statistics, the nation lost 190,000 jobs in October as the unemployment rate jumped to 10.2 percent, its highest point since 1983. The legal sector wasn't spared. When data is seasonally adjusted, the legal field shed...

UK's Darling urges G20 progress on climate finance

Daily News Analysis (Free subscription) | 9 hours ago

A framework for the return to future economic growth needed to be agreed.

Indonesia's economic growth to reach 4% in Q3: experts

People Daily (Free subscription) | 10 hours ago

Indonesian economists estimated that the country's economic growth would reach 3.9-4 percent in the third quarter, lower than the government's initial estimation of 4.1-4.2 percent, local media reported here on Saturday. "We expected economic growth to have accelerated in the third quarter this year to 4.05 percent on year-on-year basis," Bank Danamon Economists Anton Gunawan and Helmi Arman...

Sensex predictions from 13th July 2009 to 17th July 2009

astrosagar | 13/07/2009

On July 3rd Sensex closed at 14,913.05. On July 6 th , after Budget speech, it closed at 14,043.40. But on 10th of July Sensex fell by 1408.83 points, the largest fall in 8 months, and closed at 13504.22. The market fell because the deficit in the budget was estimated at 6.8% of the GDP, which was alarming. The financial health of the government may deteriorate due to manifold increase in subsidies.

IntegrityFX Daily Intermarket Outlook

integrityfx | 17/06/2009

The markets are at a pivotal junction at this point in time. The confidence in the global recovery plan seems to be waning, taking the positive market sentiment with it. One of the primary causes to this shift in sentiment is the falling interest in foreign countries purchasing US treasuries. So, the widely held belief is that if the US cannot fund its massive debts the world economy cannot recover.