|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |   
30th of December 2010
|    Banking  |   Insurance  |   Property  |   Mortgages  |   Economy  |   Investments  |   Credit Cards  |   Debt  |   Loans  |   Pensions  |   Companies  |  

News Tag: strength

July 30, 2010

World’s largest economy expands by 2.4% in Q2

by Kay Murchie
”World’s
Official figures have revealed the world’s largest economy experienced annualised growth of 2.4% in the April to June period, according to the US Commerce Department. The figure came in slightly below expectations but it is the first of three estimates and could be revised up or down in the next few months. However, the growth has slowed after an annual ...




June 29, 2010

US consumer confidence takes a dive in June

by Kay Murchie
’US
US consumer confidence took a dive in June after rising for three consecutive months. The closely-monitored Consumer Confidence Index from the Conference Board plummeted to 52.9 in June, down from a revised 62.7 in May. June’s figure was short of analysts forecasts of 62 and remains far away from the 90 points required to show that the world’s largest ...




June 24, 2010

US new home sales plunge to record low in May

by Kay Murchie
US new home sales plunge to record low in May
The Commerce Department has revealed a record fall in sales of new homes in the US for the month of May. According to the Commerce Department, new single-family home sales fell by 32.7% on year to an all-time low of 300,000 units – the lowest since records commenced in 1963. However, a fall was expected as buyers rushed to ...




June 11, 2010

UK manufacturing output sees surprise fall in April

by Kay Murchie
”UK
The Office for National Statistics (ONS) today revealed UK manufacturing output unexpectedly fell in April, raising fears about the strength of the economic recovery. According to the ONS, output fell by 0.4% in April compared with March – far below analysts expectations of a 0.5% rise and follows a rise of 2.2% in March. The fall represented the worse since January ...




May 19, 2010

Japan’s debt needs to be cut warns IMF

by Kay Murchie
Japan’s debt needs to be cut warns IMF
The strength of the recovery in the world’s second largest economy should lead it to start reducing its massive debt from 2011, according to the International Monetary Fund (IMF). The IMF is urging Japan to increase consumption tax, while containing its growth in spending, in order to deal with its debt which currently stands at nearly 230% of GDP - ...