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12th of September 2010
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News Tag: US economy

September 6, 2010

Trading “buoyant” for UK manufacturers

by Gill Montia
Trading
Britain’s manufacturers are continuing to report "buoyant trading conditions" on the back of rising demand in overseas markets, according to a joint study from trade organisation, EEF, and accountancy firm BDO LLP. In their latest "Manufacturing Outlook" report, the pair suggest that the recovery begun at the end of last year has been sustained, with output and order balances reaching record levels for ...



September 2, 2010

US factory data offset double dip recession fears

by Gill Montia
US factory data offset double dip recession fears
The US Institute for Supply Management (ISM) has offset fears of a double dip recession in America by reporting a rise in its index of factory activity, to 56.3 in August, up from 55.5 in July. A reading in excess of 42%, over a period of time, generally indicates an expansion of the overall economy and the August ...



August 30, 2010

Bank of Japan boost lending

by Gill Montia
Bank of Japan boost lending
Bank of Japan (BoJ) has announced new measures aimed at enhancing "easy monetary conditions" and holding back the rise in the value of the yen. Following an unscheduled meeting of its Monetary Policy committee, the Bank is to provide the country's lenders with and additional 10 trillion yen in six-months funds, in a move that will extend a previous loan facility to 30 ...



March 30, 2010

UK Q4 economic growth figures revised upwards

by Kay Murchie
”UK
The Office for National Statistics (ONS) has today revealed the UK economy grew by 0.4% in the October to December period - slightly higher than the 0.1% and the 0.3% previously estimated. Today’s figures represent the third and final figures for growth in the fourth quarter and the ONS is scheduled release its first estimate of first quarter 2010 growth on ...



March 11, 2009

Warren Buffett: US Economy has ‘fallen off a cliff’

by David Masters
Buffett: US Economy has 'fallen off a cliff'
Billionaire investor Warren Buffett this week said the US economy had 'fallen off a cliff' and warned that a rebound could trigger inflation more drastic than that experienced in the late 1970s. The 78-year old owner of insurance and investment firm Berkshire Hathaway spoke live on US cable network CNBC. "Not only has the economy slowed down a lot, but people ...



December 31, 2008

US economy shows no signs of recovery with house prices falling at record rate

by Kay Murchie
”US
The US economy continues to struggle and shows no sign of recovery after property prices fell at their fastest rate in the 12 months to October and the country experienced the worst Christmas shopping figures since 1969. The S&P; Case-Shiller index (the closely monitored measure of residential property values across the US), said property ...




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