Unemployment claims in US unexpectedly climbed

Note: This section contains information in English only.
Source: Bloomberg
The number of applications for jobless benefits increased to 362 000 in previous week. Jobless claims submitted rose by 8000 last week. Economists questioned by Bloomberg predicted unemployment claims to drop to 352 000. Nevertheless the current level of jobless applications is relatively low, pointed out Jennifer Lee, senior economist at BMO Capital Markets.

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Fri, 09 Mar 2012 07:36:47 GMT

German manufacturing output climbed more than predicted in January

German production output accelerated more than expected in January as construction activity surged. Manufacturing advanced 1.6% compared to December, said Economy Ministry. Economists questioned by Bloomberg earlier predicted an increase of 1.1%. On yearly basis industrial output added 1.8%. The report indicates Germany may avoid economic slowdown even if European demand for nation's exports declines. 

Fri, 09 Mar 2012 06:51:25 GMT

US consumer confidence surges to a four year record high

The Bloomberg Consumer Comfort index advanced from minus 38.8 in previous period to minus 36.7 last week as Americans became more optimistic about country's economic outlook and increased their spending. The latest confidence reading is the best figure in four years. US consumers are feeling more certain about their personal income, suggested Joe Brusuelas, Bloomberg LP's senior economist.

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