Philly Fed Index grows further in May

Note: This section contains information in English only.
Source: RTT News
An indicator measuring manufacturing activity in the Philadelphia area accelerated in May rising for the fifth straight month despite the fact that factory activity index in the country slipped, a report unveiled by the Federal Reserve Bank of Philadelphia showed on Thursday. The current activity index in the area added from April's level of 16.6 to 15.4 points in May.

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Fri, 16 May 2014 14:37:38 GMT

U.K. stocks swing between gains and losses after housing starts

U.K. shares fluctuated on Friday trading session after falling yesterday as the Eurozone's gross domestic product advanced by less than initially estimated and as the U.S. housing starts increased in the month of May. The London's FTSE 100 Index slipped as much as 3.8 points, or less than 0.1%, to 6,837.12 by 1:57 p.m. in London.

Fri, 16 May 2014 15:54:06 GMT

U.S. housing starts gain to 5-month high in April

U.S. new residential construction advanced significantly in April as the country's housing starts gained to the highest level in a five-month period, the latest report unveiled by the Commerce Department showed on Friday. According to the report, the U.S. housing starts jumped 13.2% year-on-year totaling 1.072 million in the month of April.

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