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Latest Survey Shows US Recovery Continues But at Slow Pacer

The latest National Association for Business Economics survey scheduled for release later today is expected to show that businesses plan to spend slightly more over the next six months but credit market restrictions – despite improving somewhat – are still tight. Thirty-five percent of surveyed businesses still claim to have difficulties in gaining access to credit.

Associated Press

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Posted by Staff at 7:27 am UTC, 05/23/2012
Posted by Dean Popplewell at 6:36 am UTC, 05/23/2012
Posted by Dean Popplewell at 6:36 am UTC, 05/22/2012
Forex Rates
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May
23
Today’s Global
Market Events
All Day

EUR
EU Economic Summit
8:30am

CAD
Core Retail Sales m/m
0.5% vs. 0.5%
CAD
Retail Sales m/m
0.4% vs. -0.2%
CAD
Leading Index m/m
0.3% vs. 0.4%
10:00am

USD
New Home Sales
335K vs. 328K
USD
HPI m/m
0.4% vs. 0.3%
10:30am

USD
Crude Oil Inventories
0.8M vs. 2.1M
6:45pm

NZD
Trade Balance
400M vs. 134M
10:00pm

NZD
Annual Budget Release
10:30pm

CNY
HSBC Flash Manufacturing PMI
49.3