Latest Sidney economic news, Australia Q3 Export Prices Contract 6.4%, The export price index in Australia declined 6.4 percent compared to the previous three months in the third quarter of 2012, the Australian Bureau of Statistics said on Thursday
Positive sentiments for this whole week, China PMI Survey Reveals Signs Of Economic Rebound, An official survey to gauge China's manufacturing sector performance, on Thursday suggested that the economy is recuperating after being affected by a plunge in exports following a slowdown in global demand. The purchasing managers' index, an indicator of China's factory activity, rose to 50.2 in October from 49.8 in September, a survey conducted by the China Federation of Logistics and Purchasing (CFLP) on behalf of the National Bureau of Statistics revealed Thursday
British industry sector and investors are confidence,CBI Lifts UK Growth Outlook, The U.K. economy is expected to see a modest pick up in activity next year after stagnating this year, though external risks will persist well into 2014, the Confederation of British Industry (CBI) said in its latest report. The CBI said Thursday that the gross domestic product may record zero growth this year, slightly better than its previous forecast for a 0.3 percent contraction. In 2013, the industry group forecasts growth of up to 1.4 percent
Meanwhile, U.K. House Prices Rise More Than Forecast In October, U.K. house prices increased more-than-expected in October, but the volatility in the monthly variation provides no particular direction to the house price movement. House prices gained 0.6 percent month-on-month in October, offsetting September's 0.4 percent drop, figures from the Nationwide Building Society showed Thursday
What a great economic data, U.S. Private Sector Job Growth Exceeds Estimates In October, Employment in the U.S. private sector rose by more than economists had expected in the month of October, according to a report released by private payroll processor Automatic Data Processing, Inc. (ADP) on Thursday
British economic news, U.K. Manufacturing Downturn Accelerates In October, The British manufacturing sector contracted for a sixth straight month in October, reflecting sharp decreases in output and new orders, a survey by Markit Economics showed Thursday. The seasonally adjusted Markit/Chartered Institute of Purchasing and Supply (CIPS) purchasing managers' index fell to a three-month low of 47.5 in October from a revised figure of 48.1 in September
Great news, U.S. Weekly Jobless Claims Show Unexpected Drop, First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended October 27th, according to a report released by the Labor Department on Thursday
Barrack Obama is cool, U.S. Labor Productivity Shows Continued Growth In Q3, With worker output increasing at a faster rate than hours worked, the Labor Department released a report on Thursday showing a notable increase in U.S. labor productivity in the third quarter
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