Monday, February 02, 2009

Quick Overview

  • U.S. personal incomes fell 0.2% in December while spending fell 1.0%.

  • U.S. construction fell 1.4% MoM and 5.1% YoY.
  • The Institute of Supply Management's manufacturing index rose from 32.9 to 35.6

  • USDA said that there were 94.49 million head of cattle in the U.S. on January 1st, down 1.6% YoY

  • Manufacturing in the U.K. increased from 34.9 to 35.8 in January.

  • Chinese Premier Wen Jiabao said on Sunday he saw signs of recovery in the final days of 2008.

  • China’s government announced that more than one in seven rural migrant workers have been laid off.

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