Posts Tagged ‘November’
US house prices rise, consumer confidence up
The US economy experienced two sets of positive economic data today. Firstly, the Standard & Poor’s/Case-Shiller composite index of 20 metropolitan areas rose for the sixth consecutive month in November.
According to the index, house prices were 0.2% higher compared with the October.
Meanwhile, on an annual basis, the 20-city index was 5.3% down compared with [...]
UK industrial output beats expectations in November
The Office for National Statistics (ONS) has today revealed a rise in UK industrial production for the month of November.
The official data showed that output rose by 0.4% in November compared with October and was slightly higher than analysts expectations of a 0.3% rise.
The figures will boost hopes that the UK emerged from its worst [...]
US impresses with gains in imports and exports
Figures released by the Commerce Department today revealed a rise in US imports in November, rising to $174.6 billion from $170.2 billion the previous month – a rise of 2.6%.
The surge in imports to the US reflected an increase in demand for industrial materials and consumer goods.
Meanwhile, exports totalled $138.2 billion – a rise [...]
UK exports jump in November, boost hopes of end to recession
Further good news for the UK economy emerged today after the Office for National Statistics (ONS) said exports in November soared to £20.2 billion – the highest since October 2008.
The rise was fuelled by sales of consumer goods and chemicals, according to the ONS.
The ONS said that Britain’s global goods trade gap narrowed from £7 [...]
German exports rise 1.6% in November
Germany, which is Europe’s largest economy, saw exports rise for the third consecutive month in November.
Exports, on a seasonally adjusted basis, totalled €70.6 billion (£63 billion) during the month – an increase of 1.6% compared with the previous month.
The monthly gain was double economists’ forecasts of a 0.8% rise and followed gains of 1.9% [...]