Friday, May 29, 2009

Quick Overview

  • The U.S. GDP shrank at a 5.7% annual pace in the first quarter.

  • The University of Michigan's consumer sentiment index rose from 65.1 to 68.7

  • The Institute for Supply Management’s business barometer decreased to 34.9 from 40.1 in April

  • Japan’s retail sales rose 0.6% in April,
    Japan’s unemployment rate rose from 4.8% to 5.0%

  • India’s GDP rose 5.8% Q1.

  • Poland's GDP grew by 0.8% in the first three months of 2009.

  • U.K. house prices rose 1.2% in May

  • Japan Apr. Housing Starts fell 32.4% YoY

  • Germany Apr. Retail Sales rose 0.5% MoM but fell 0.8% YoY

  • Sweden’s Q1 GDP fell 0.9% QoQ

  • Swiss Leading Indicators fell 1.86 %


  • (Bloomberg) -- Starbucks Corp., the world’s largest coffee-shop operator, is pushing some U.S. landlords for as much as a 25 percent reduction in lease rates, taking advantage of a declining real estate market to save on rent.

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