Sunday, August 21, 2011

Quick Overview

  • (NYT) Broad areas around the stricken Fukushima Daiichi nuclear plant could soon be declared uninhabitable, perhaps for decades, after a government survey found radioactive contamination that far exceeded safe levels, several major media outlets said Monday.

  • July U.S. single-family housing starts fell 4.9%; Building permits fell 3.2% in July.

  • July U.S. industrial output rose 0.9%, in line with expectations and the biggest gain this year.

  • The Conference Board reported that the index of leading economic indicators increased by 0.5% in July, suggesting modest growth ahead.

  • The Department of Labor reported that first time claims for unemployment benefits rose by 9,000 to 408,000 in the week ending August 13.

  • The Philadelphia Fed region reported this morning that industrial activity weakened sharply this month. The bank's index is reported at a negative 30.7, down from 3.2 in July and the lowest since March 2009.

  • The U.S. CPI rose 0.5% in July, increasing inflation concerns once again.

  • The Euro-area expanded by only 0.2% according to first estimates.

  • YoY India’s industrial output rose by 8.8%.

No comments: