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Archive for the ‘Economic News’ category

Data U.S. ISM Non-Manufacturing PMI is expected There is an increase

February 3rd, 2012

U.S. ISM non-manufacturing report showed an increase to 52.6 in December from 52 in November. This reading was slightly lower than expected by 53 analysts. A major increase in the Retail Trade and Professional, Scientific & Technical Services. An estimated increase to 53.2 now.

While the U.S. labor productivity increased although at a slower pace in the last three months of 2011 while labor costs rose due to relatively better employment prospects.

Non-farm business productivity rose at an annual rate of 0.7 percent in October to December, after rising 1.9 percent in the previous three months, data from the Labor Department said Thursday. Meanwhile, unit labor costs, rose by 1.2% in the fourth quarter after falling 2.1% the previous period.

In a survey, economists estimate the level of productivity rose 0.7 percent in the period, and labor costs rose 0.8%

Productivity increases in the current U.S. economy grew 2.8% in the fourth quarter of 2011, on an annual basis, after slowing in the first half of last year.

However, labor costs grew as more and more workers find jobs. In December, the economy added 200,000 jobs and the unemployment rate fell to 8.5%, the lowest in almost two years.

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Posted in Economic News

Tags: labor productivity productivity increases

Sterling Moving Down, UK Start of Economic Activity Slows

February 3rd, 2012

Pound sterling currency to trade GBP / USD this afternoon (03-01) tracked down and the pair was trading at around 1.5825, as signaled by the presence of negative expectations on the UK economy. The performance index in the country’s services sector is expected to slow to 53.5 from 54.0 the previous value.

Recent reports indicate that the performance in December 2011 showed an impressive performance and is the best performance since July 2011 with an index value of 54.0. However, this development is slightly different at the beginning of this year led to a possible slowdown in the UK service sector although still in a level that is still quite good.

Analyst Research Vibiz of Vibiz Consulting Sterling argued in the European session can be moved lower after moving sideways in trading yesterday. In general, some other data indicate that the UK’s economic performance in January is not as good in December and showed a slowdown

Among the data that shows the construction sector and the slowdown in the sector index showed a decline to 51.4 from 53.2.

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Posted in Economic News

Tags: uk service sector vibiz

Consolidation Dollar Index, Head of Governors of the Fed Improved Performance Meet

February 3rd, 2012

The U.S. Dollar Index on foreign currency trading today (03-01, 09:48 GMT) observed in the range of 78.89, and has weakened the thin around â € “0.19% from opening price (00:00 GMT).

The currency weakened thin on the pattern of consolidation, and while the amount of labor in the United States for the month of January is predicted to show positive performance although a little slow when compared with the performance in December.

Indicators of Non-Farm Employment Change expected to increase about 150 000 people in January when the December figures stand at 200 000 people.

Analyst Research Vibiz of Vibiz Consulting that the U.S. dollar still has a strong rebound potential may still be retained with the U.S. unemployment rate at 8.5%. Besides the performance of the service sector in January is expected to show the condition of expansion and can be increased to 53.1 from 52.6 in December value.

Governor Bernanke’s head which is the helm of the U.S. central bank noted that it found an increase in the country’s economic performance, although still vulnerable to a negative blow to the economy.