Philadelphia index of manufacturing activity grew less then expected in April

Source: Marketwatch
Manufacturing index measured by Federal Reserve of Philadelphia dropped more than predicted in April. The measure fell from 12.5 in March to 8.5 in April. Economists questioned by Marketwatch forecast the gauge to decline less to 10.8. Any figure above zero means that more producers are amplifying their businesses instead of contracting. 
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Fri, 20 Apr 2012 06:55:16 GMT

Japan's tertiary index flat in March

The tertiary industry performance index of Japan remained steady in March, according to METI. The tertiary industry activity index remained at 0.0% on a seasonally adjusted basis. Experts predicted the index to expand by 0.8% in March. After the data release, the Japanese Yen remained marginally higher versus its US counterpart and USD/JPY traded at 81.57 during Asian session, edging

Fri, 20 Apr 2012 06:24:16 GMT

US existing homes sales dropped in March

Sales of US existing homes unexpectedly declined in March, the third time during last four months, indicating disproportionate recovery in the property market. previously owned home purchases fell 2.6% to a annual 4.48 million compared to annual 4.6 million rate in February. Economists questioned by Bloomberg predicted an increase to 4.61 million. Nevertheless housing market follows upward trend in last 9

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