US Consumer Prices Unchanged for April
As predicted, US consumer prices remained unchanged for April despite a year over year loss of 0.7 percent since April 2008. Lower prices for energy and food offset increases in other consumer goods. More
US Industrial Output Falls 0.5%
In what is being seen as a positive sign pointing to a possible easing of the recession, industrial output decreased by 0.5 percent in April rather than the 1.7 percent as expected. This is the slowest pace of decline in manufacturing in the past six months following a 1.7 percent decline in March. More
Eurozone Declines 2.5% in First Quarter
The European statistics agency Eurostat announced today that the economies of the eurozone countries contracted by 2.5 percent for the first three months of 2009. Germany realized the greatest decline of the 16 member countries, with a 3.8 percent drop. More
Canadian Manufacturing Sales Down 2.7% in March
Statistics Canada reported today that manufacturing sales fell 2.7 percent or $41.4 billion (US$35.28 billion) for the month of March. More
