Employment Trends Index - July 2008
Factory Orders - June 2008
Personal Income and Outlays - June 2008
Australian Central Bank Signals Interest Rates May Be Cut; Currency Falls
Australia's central bank signaled it may cut borrowing costs for the first time in almost seven years as slowing economic growth cools inflation.
Bernanke May Sound Tougher on Prices to Avert Fed Bank Presidents' Revolt
Federal Reserve Chairman Ben S. Bernanke, likely to leave interest rates unchanged today, may need to sound tougher on inflation to avert the sharpest public disagreement among policy makers in more than a decade.
Image via WikipediaU.S. Service Industries Probably Shrank for Second Month as Growth Cooled
Service industries in the U.S. probably shrank in July for a second straight month, signaling the slowdown in growth broadened, economists said before a report this week.
Consumer Spending Rose in June
Consumer spending jumped in June, boosted by the tax rebates provided by the economic stimulus package. Personal income edged higher. The PCE price index climbed 4.1% from a year earlier. Separately, factory orders climbed more than expected.
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