The Commerce Department has today revealed US housing starts recovered in July but building permits fell. According to the Commerce Department, construction of new US homes rose 1.7% to a seasonally adjusted annual rate of 546,000 properties – however, the figure was less than economists had expected...
Posted to
Finance
on 08-17-2010
Filed under: All Financial News, Economy News, US, Property News, Government, housing market, deflation, confidence, building permits, housing starts, tax incentive, National Association of Home Builders
Official figures have today revealed Japanese economic growth slowed in the April to June period, as widely expected. The economy expanded by just 0.1% in the three month period – far less than expected by analysts. Meanwhile, on an annual basis, the economy grew by 0.4% in the quarter, down from...
Posted to
Finance
on 08-16-2010
Filed under: All Financial News, Economy News, Japan, Debt News, exports, deflation, growth, slow, recovery, demand, yen, concerns, second quarter, weaken
Official figures out tomorrow are expected to reveal growth in the world’s number two economy slowed in the April to June period. Japan fell into a severe recession following the global financial crisis but was one of the first major economies to emerge from recession – in the second quarter of 2009...
Posted to
Finance
on 08-15-2010
Filed under: All Financial News, Economy News, recession, Japan, exports, deflation, growth, yen, slower, second quarter, weaken
The finance ministry has today revealed Japanese exports continued to rise in June, albeit at a slower pace.
Exports grew 27.7% to 5.87 trillion yen in June – the seventh straight monthly rise.
However, not only did the figure fall short of expectations of a 23.1% rise, it was also below May’s...
Posted to
Finance
on 07-26-2010
Filed under: All Financial News, Economy News, Japan, Debt News, exports, rise, deflation, recovery, imports, slower, June, concern, finance ministry, pace