Eurozone Slides Into Recession In Q3, U.S. Weekly Jobless Claims Rise Much More Than Expected

UK's 2013 economic outlook seems worsen, Moody's will Revisit UK's Triple-A Rating In 2013, Moody's Investors Service on Wednesday said it will revisit the U.K.'s AAA government debt rating and the current 'negative' outlook next year in the face of gloomier economic prospects and rising risks from euro area crisis

Meanwhile, Exports, Consumer Spending Pep Up Growth In Germany, France, Improved external demand and household consumption supported a modest recovery by both Germany and France in the third quarter, although the overall economic situation in the entire Eurozone remains bleak. The German gross domestic product grew 0.2 percent quarter-on-quarter in the third quarter, the Federal Statistical Office said Thursday

Eurozone economic horror, Eurozone Slides Into Recession In Q3, Despite expansions in Germany and France, the euro area officially slipped into a recession in the third quarter as governments across member nations unfold tough austerity measures in the face of widespread protests

Economic news from Britain's, Decline In U.K. Retail Sales Exceeds Expectations, U.K. retail sales eased more-than-expected in October, reflecting weak demand for food and clothing ahead of the Christmas shopping season. Sales volume that include automotive fuel declined 0.8 percent month-on-month in October, reversing the previous month's 0.5 percent rise, the Office for National Statistics reported Thursday

Sandy hurricane effect brings U.S. Weekly Jobless Claims Rise Much More Than Expected, With the data reflecting the impact of the major disruptions caused by Hurricane Sandy, the Labor Department released a report Thursday morning showing that initial jobless claims rose by much more than anticipated in the week ended November 10th

Latest U.S. Economic data, U.S. Consumer Prices Rise In Line With Estimates In October, Consumer prices in the U.S. saw a modest increase in the month of October, according to a report released by the Labor Department on Thursday, with the price growth matching economist estimates

Empire State Manufacturing Index Remains Negative In November, Conditions for New York manufacturers declined at a modest pace in the month of November, the Federal Reserve Bank of New York revealed in a report on Thursday, with the general business conditions index remaining negative for the fourth consecutive month