Tag: better

US unemployment rate dips in July

US unemployment rate dips in July

The Labor Department has revealed the unemployment rate in the US dipped in July to 9.1%, down from 9.2% in June. The world’s largest economy created 117,000 jobs last month – much better than forecasts. Analysts had been expecting an increase of 85,000, while the unemployment rate was expected to remain at 9.2%. Manufacturing, retail, [...]

August 8, 2011 | 0 Comments More
German economy continues to drive euro zone recovery

German economy continues to drive euro zone recovery

Germany’s Economy Minister Rainer Bruederle has today said the economy will perform better than expected in 2011. According to the minister, the economy is predicted to grow by 2.6% this year - better than a previous estimate of 2.3% in January. However, growth will ease slightly in 2012, slowing to 1.8%, said Mr Bruederle. The [...]

April 14, 2011 | 0 Comments More
US jobs data better than expected

US jobs data better than expected

The Labor Department has revealed the world’s largest economy added 151,000 new jobs last month. The news was gratefully received after concerns of a sluggish recovery, which led the Federal Reserve to introduce a fresh round of stimulus this week. However, the latest figures means the unemployment rate continues to hold steady at 9.6% - [...]

November 5, 2010 | 0 Comments More
UK economy growth figures revised upwards again

UK economy growth figures revised upwards again

The Office for National Statistics (ONS) has today revealed that the UK economy contracted by 0.6% in the April to June period - rather than the 0.7% previously reported and the 0.8% reported prior to that. The latest revision comes as the manufacturing and construction sectors performed better than originally thought and brings further hope [...]

September 29, 2009 | 0 Comments More
Commerce Dept reveals official Q2 GDP figures for US

Commerce Dept reveals official Q2 GDP figures for US

The Commerce Department has today revealed that the US economy contracted at an annual rate of 1% during the second quarter - unchanged from an initial estimate released in July, and better than market expectations for a 1.5% contraction. The data is almost certain to back up the fact that the economy is starting to [...]

August 27, 2009 | 0 Comments More
US economy’s rate of contraction better than expected

US economy’s rate of contraction better than expected

The world’s largest economy received some good news today after the Commerce Department revealed that gross domestic product (GDP) fell by an annualised rate of 5.5% in the first three months of 2009. The figures were much better than previously thought and follow a 6.3% fall in the final quarter of 2008 and a fall [...]

June 25, 2009 | 0 Comments More