Global Insight Inc.

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US consumer spending dips first time in five months

AFP Global Edition 102 days ago

US consumer spending, a critical growth driver, fell for the first time in five months in September, official data showed Friday amid fears the economy may slow just after exiting recession. Household spending decreased 47.2 billion dollars or 0.5 percent last month, ...

Metro jobless rates fall as more workers drop out

AP News 104 days ago

Metro jobless rates fall in September, but mostly reflects discouraged workers dropping out The unemployment rate fell in September in most metro areas for the second straight month, although that's largely because more people gave up on job searches than found new ...

Eurozone business accelerates in October: survey

AFP Global Edition 109 days ago

Private sector business activity in the 16-nation eurozone grew in October at its fastest rate since December 2007, a closely-watched survey showed on Friday. The purchasing managers' index (PMI) for the 16 countries using the single currency, compiled by data and research ...

US recovery effort stumbles as 263,000 jobs lost

AFP Global Edition 130 days ago

US economic recovery hopes got a rude shock Friday as official data showed job losses accelerated to 263,000 in September, pushing the unemployment rate to a new 26-year high of 9.8 percent. The Labor Department report, one of the best indicators of ...

U.S. 2009 imports lowest since 2003: report

Reuters US Online Report Business News 145 days ago

LOS ANGELES (Reuters) - Import cargo at major U.S. retail ports is expected to hit 12.5 million containers in 2009, sharply below last year's total but it was an improved outlook compared with just a month ago, the National Retail Federation and ...

US consumer prices up 0.4 percent in August

AFP Global Edition 146 days ago

US consumer prices rose 0.4 percent in August, driven by higher gasoline costs, government data showed Wednesday. The Labor Department's consumer price index (CPI) showed a year-over-year decline of 1.5 percent, in a report being monitored for signs of deflation rather than ...

Piracy in Northern Seas: A New Trend?

BusinessWeek 174 days ago

These are unpleasant days for the worldwide shipping trade. The global recession and tighter credit markets have sent the Baltic Dry Index, a measure of worldwide shipping prices for dry cargo, plummeting more than 430% from its May 2008 record, to a ...

Intraday action

AlphaNinja 187 days ago

AlphaNinja - Markets up over a percent each -->> Positive ISM data is giving support to a recovery scenario.“The wheels of the economic train have stopped moving in reverse and are starting to grind forward,” said Brian Bethune, an IHS Global Insight ...

June housing construction rises more than expected

AP News 207 days ago

June housing construction rises to highest level in 7 months; building permits also soar Construction of new U.S. homes rose in June to the highest level in seven months as builders rushed to pour foundations for homes that must be completed by ...

Natural gas inventories rise; posters weigh in

Stockhouse 214 days ago

EIA weekly storage report shows 75 billion cubic feet inventory increase U.S. natural gas in storage rose last week, up 75 billion cubic feet from the previous week, according to the latest inventory report from the U.S. Energy Information Administration, released Thursday ...

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