Saturday, June 02, 2007

Quick Overview

  • The Institute of Supply Management's manufacturing index increased from 54.7 to 55.0

  • The University of Michigan's index of consumer sentiment increased from 87.1 to 88.3

  • U.S. personal incomes were down 0.1%

  • U.S. consumer spending was up 0.5%.

  • YoY a measure of core inflation slowed to a 2.0% gain in April

  • Manufacturing in the U.K. rose from 54.1 to 54.9

  • Manufacturing in Australia rose from 51.7 to 55.2

  • The unemployment rate in the Euro area improved from 7.2% to 7.1%.

  • YoY GDP in the Euro area rose 3.0% in the first quarter.

  • India's economy grew at a record 9.4 percent last year - its fastest pace in nearly two decades.

  • Renewable Fuels Association said that the U.S. produced 384,000 barrels of ethanol per day in March and used 414,000 barrels daily.

  • The Chicago Board of Trade set an all time record for monthly total trade volume during May 2007

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