U.S. business inventories climb 0.3% in November

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Source: RTT News
Business inventories and business sales increased in November, but the total business inventories/sales ratio stayed unchanged at 1.28, the Commerce Department reported on Tuesday. The report revealed that business sales rose notably, when it felt 0.3% in October, but recorded a 1.0% gain in November, while business inventories jumped in line with forecast 0.3% in the same month.
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Wed, 16 Jan 2013 16:19:04 GMT

U.K. equities slump as World Bank forecasts Eurozone economy to contract

U.K. stocks posted their biggest losses this year after the World Bank forecast that the Eurozone economy will shrink this year, pairing with Jean-Claude Juncker's statement that the strength of Euro currency threatens the growth of euro area. It was also forecast that the global economy will slowdown its pace of growth in 2013. The FTSE 100 index dropped

Wed, 16 Jan 2013 15:43:05 GMT

U.S. industrial output jumps more than estimated in December

U.S. industrial production rose slightly above the economists estimates in December as an increase of manufacturing and mining output overshadowed a notable fall in utilities output, the Federal Reserve reported on Wednesday. The report revealed a 0.3% climb of industrial production in the last month of 2012 following a 1.0% gain in the month before.

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