US economy as much as 11 years does not grow more
WASHINGTON – The US economy is surprisingly strong gained momentum in the third quarter and has the strongest growth achieved in eleven years. In the months of July to September, the gross domestic product (GDP) has grown by 5.0 percent, the government said on Tuesday after a third estimate. So strong American economy grew last in the third quarter of 2003.
US: New Home Sales dropped significantly
WASHINGTON – In the US, sales of new homes fell unexpectedly and significantly in November. Compared to the previous month they had fallen by 1.6 percent on an annualized 438,000 homes, the Commerce Department said in Washington on Tuesday. Economists had, however, expected to rise by 0.4 per cent to 460 000.
US: Michigan consumer confidence rises less than initially determined
MICHIGAN – The US consumer confidence has brightened somewhat weaker than initially determined in December. In December, the objection raised by the University of Michigan consumer sentiment rose by 4.8 points to 93.6 points. This was announced by the University on Tuesday. In a first estimate a value of 93.8 points still had determined what had complied with the highest value since January 2007.. . Analysts had on average expected a slightly greater downward revision to 93.5 points
USA: consumer spending increasing at a faster than expected
WASHINGTON – In the US, the expenditure of households have at November stronger than expected. The expenses have increased by 0.6 percent the previous month, as the Commerce Department announced on Tuesday. Bank Economists had only an increase of 0.5 percent expected after they had in the previous month revised 0.3 percent (previously 0.2 percent) gained
USA:. Durable goods orders fell surprisingly
WASHINGTON – The US durable goods orders fell unexpectedly in November. Compared with the orders had fallen by 0.7 percent, the Commerce Department said in Washington on Tuesday. Economists had expected the other hand, a strong increase of 3.0 percent. A month orders were revised up by 0.3 (initially 0.4) percent. In particular, demand for military equipment declined.
USA: FHFA home price index rises more than expected
NEW YORK – In the US, home prices in October rose more than expected. Go to the previous month, prices had risen by 0.6 percent, the Federal Housing Finance Agency (FHFA) announced in New York on Tuesday. Economists had expected only with an increase of 0.3 percent. . This compares prices had stagnated
Belgium: Business confidence becomes cloudy surprising a
BRUSSELS – In Belgium corporate sentiment has deteriorated in December surprising. The indicator fell by 0.8 points to minus 6.9 points, as the Belgian Central Bank (BNB) announced in Brussels on Tuesday. This is the first setback after four consecutive increases
Presidential Election in Athens failed again -. Third round necessary
ATHENS – The election of a new Greek President has also failed at the second attempt. The candidate of the ruling coalition, former European Commissioner Stavros Dimas (73) failed on Tuesday in Parliament the necessary majority. Only 168 of the 299 deputies present voted for him. Necessary 200 votes would have been. 131 MPs abstained, as the Parliament Bureau announced. Dimas got this second round eight votes more than in the first round on 17 December
KfW: SMEs go with growing confidence in the new year
FRANKFURT – Germany’s SMEs see a more optimistic picture. in the future. The business climate in the SME sector has increased in December for the second year in a row, after it had convicted by April to October descent, the KfW Group announced at the presentation of the KfW-Ifo SME barometer on Tuesday in Frankfurt.
British economy continues on a robust growth path
LONDON – In the UK, the economy lost during the summer months some momentum. Thanks to a relatively high consumption of the British, the economy remains robust to further growth. In the third quarter gross domestic product (GDP) has grown by 0.7 percent the previous quarter, the statistics office ONS said on Tuesday after a third estimate, confirming a previous estimate. Economists had expected
Central bank: Spain’s economy grows more than expected
MADRID – The Spanish economy is growing slightly faster than expected according to estimates by the Central Bank.. In 2014, Spain was expected to achieve a growth rate of 1.4 percent, the institute said in Madrid on Tuesday. The forecast is 0.1 percentage points higher than the previous estimates of the Bank and the Spanish government. For 2015, the Central Bank
British economy is as far from a growth of 2.0 percent from
continue on a robust growth pathLONDON -. In the UK, the economy has something in the summer months momentum lost. Thanks to a relatively high consumption of the British, the economy remains on a more robust growth. In the third quarter gross domestic product (GDP) has grown by 0.7 percent the previous quarter, the statistics office said on Tuesday dating after final data, confirming a previous estimate. Economists had expected
Venezuela has speculation about impending state bankruptcy back
CARACAS -. Venezuela’s President Nicolas Maduro has promised that the country will meet its international obligations despite the rapidly fallen oil prices. “Venezuela in 2015 maintained the rhythm of his global financial commitments and his investment in social development of the country,” the leftist leader said on Monday evening (local time) in Caracas. The international rating agencies he accused of operating a “financial blockade” against the South American country and intending to persuade the risk of government default
Italian Parliament approved the draft budget to
ROM -. The Italian Parliament approved the draft budget for the coming year just before the Christmas break. It provides stimulus for more than 30 billion euros, including tax relief. In the House of Representatives voted on Monday evening 307 deputies for the law, 116 the other hand
The French economy gains momentum
PARIS -. The French economy has come in the summer months something going. In the third quarter, the second largest economy in the euro zone have risen for the first time in the current year, as the statistics agency Insee announced on Tuesday. The gross domestic product (GDP) has grown in the months of July to September by 0.3 percent the previous quarter. This is the strongest growth since the second quarter of 2013. / rob / jsl
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